Reinsurance News

MGA Rokstone acquires box at Lloyd’s

15th April 2024 - Author: Kane Wells

Speciality re/insurance MGA Rokstone, which is part of the Aventum Group, has acquired a box at Lloyd’s in a three-year deal.

Rokstone has reportedly taken box 335, located on gallery 3, and will be trading live from the 15th of April 2024, operated by underwriting teams across its property, marine, aviation, contingency, construction, and energy portfolios.

The firm explained that its decision to take a box at Lloyd’s reinforces its longevity in the market as well as its approach to delivering the best possible outcomes for brokers and carriers alike.

James Potter, CEO of Rokstone, commented, “We’re excited to take our place on the Lloyd’s trading floor, giving more brokers direct access to some of the world’s leading underwriters in the Speciality classes they need.

“In just eight years we’ve successfully built a vibrant and exciting $1.2bn GWP business that has become the desired home for the best talent.

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“But this is just the beginning; we’re on a journey to become the most inspiring MGA in the world. Having a box at Lloyd’s signals our long-term commitment and takes us one step further towards our goal.”

Vicky Carter, Deputy Chair at Lloyd’s, added, “Rokstone has built a strong reputation in the market and we welcome them warmly to the Lloyd’s building.

“Lloyd’s is the place for forward-thinking companies like Rokstone to come together and innovate to find solutions to some of the most complex and challenging risks facing us daily. At Lloyd’s, our ambition is to attract the world’s best talent to operate within the market environment.”

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