Reinsurance News

Beazley to reinsure Trident’s surety offering

11th June 2019 - Author: Luke Gallin

Trident Insurance Group, Inc. has announced the signing of a reinsurance treaty with specialist insurer Beazley, which Trident says enables it to improve its competitive advantage in the expanding standard and specialty surety insurance sector.

Beazley logoThis new, strategic partnership enables Trident, a Maryland domiciled specialist surety insurer, to expand its current products by offering clients increased bonding capacity while at the same time reducing its risk exposure.

Trident highlights that in order to continue to meet growing demand for its services, it recently expanded its product offering to the eastern Pennsylvania, Delaware, Maine, and southern New Jersey markets, with plans for further expansion in the near future.

A Trident representative commented: “Trident Insurance Group is thrilled to begin this new partnership with Beazley. Not only will this relationship allow Trident to deliver its services to a broader group of clients, but also serves as a testament to the firm’s overall success and proven business model.”

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