Reinsurance News

IQUW launches new crisis management insurance class

15th June 2022 - Author: Jack Willard

IQUW, the property, commercial and specialty re/insurer has launched a new crisis management insurance class to help businesses anticipate, prevent, respond to, and recover from a variety of risks.

IQUWThe re/insurer has also confirmed that the new global crisis management portfolio will be led by Jon Atkinson, an experienced senior specialty underwriter. Atkinson joined IQUW from Talbot Underwriting Ltd where, as Senior Class Underwriter, he developed their crisis management capabilities.

Moreover, the re/insurer’s new offering will provide lead market capabilities in global specialty product recall for a broad spectrum of manufacturers across new product lines. This includes product contamination, auto and other component recall, and first party recall risks.

The roll-out of IQUW’s new product offering is part of the company’s growth and development strategy for its specialty lines.

“I am delighted to join IQUW and launch the new crisis management product,” said Atkinson.

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“We will offer cover globally, with a specific focus on food & beverage, automotive and other safety focused manufacturing markets where we intend to be a lead market for brokers.

“IQUW has a vision for digital underwriting and, in line with this, our crisis management portfolio will combine data, automation and human expertise to deliver consistent, accurate and fast responses to support broker.”

David Morris, Group Chief Underwriting Officer at IQUW, added: “The launch of crisis management enables IQUW to offer a greater range of specialty products. Jon joins IQUW with unrivalled specialist experience and I am thrilled that he will lead this new portfolio and develop it alongside our digital vision.”

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