Reinsurance News

Demand sees New Dawn Risk launch dedicated UK division

11th January 2021 - Author: Luke Gallin

International specialist insurance broker, New Dawn Risk, has established a new unit dedicated to the UK marketplace which will mirror the company’s existing offering for international businesses.

According to New Dawn Risk, the launch comes as clients increasingly demand alternatives to big brokers.

The company’s UK market focused division will provide liability and specialty solutions direct to insurance buyers, as well as partner with regional brokers in the UK looking for a bespoke and specialist service.

Max Carter, Chief Executive Officer (CEO) of New Dawn Risk, commented: “At the moment in the UK market there is clear demand for an alternative to the larger broking houses and our new division will bring New Dawn’s independent, high-touch and tailored approach to the UK for the first time.

“Many businesses that need insurance are suffering the effects of a difficult and uncertain trading environment, while broker consolidation and soaring rates in some classes bring opportunities for specialists to make a difference for particular groups of buyers.”

Tom Malcolm, Head of UK Broking at New Dawn Risk, added: “Now, more than ever, the UK market is crying out for brokers that have the requisite skillset and expertise to steer businesses through these challenging times. Our newly established UK division is well set to meet these demands via our team of product specialists who put client service at the core of everything they do.”

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