The global specialty re/insurance firm, Chaucer and global specialist insurer Tokio Marine Kiln (TMK) have been chosen as new capacity partners by Casper Specialty UK Limited, a casualty-focused MGA, post a successful launch and continued growth, as it enters its second year of trading.
Chaucer and TMK have joined Argenta to provide additional capacity as the business continues to scale through its nuanced and agile underwriting approach.
Over the past year, Casper has expanded, including opening a new office, increasing its capacity in terms of employees and obtaining a license to expand in Europe, through a presence in Germany.
Casper, which operates independently as a sister entity of Miller, underwrites a broad range of FI and Professional Lines, and aims to lead on business it writes and expects to bring in further new underwriters looking to become part of a more entrepreneurial environment.
Bradley Knight, Chief Executive Officer, Casper, said, “I’m proud of the success we’ve achieved with Casper over its first year and look forward to continuing on our growth journey with the support of our high-quality capacity partners.
“Our experienced team of market-leading underwriters is allowing us to skilfully manage an evolving casualty market and we see real opportunity to deliver attractive returns through our differentiated underwriting approach. The three capacity providers now behind us are a strong demonstration of confidence in the team here, and we look forward to bolstering it by adding more talented underwriters who are attracted by what we are building.”
