The division will be led by ex-TMK special risk head Ed Parker.
White Bear-owned Blenheim Partnerships is launching a specialty trade-related MGA unit under former Tokio Marine Kiln (TMK) head of special risk Ed Parker.
This publication revealed in February last year that Parker was set to leave TMK after more than 20 years with the firm.
The MGA will be backed by Blenheim Underwriting as well as other carriers including some Lloyd’s syndicates. It will insure consequential loss/trade disruption, political risk, contract frustration and trade credit, with line sizes from $4.5mn to $26.75mn.
The MGA’s target clients include financial institutions, commodity traders, project financiers and importers and exporters of various goods and services.
In October, Blenheim Partnerships hired Tarian Underwriting founder Geoff Pryor-White to head up a new cyber MGA unit. That followed the recruitment of ex-MS Amlin underwriter Alex Stratton-Thomsett for a casualty segment in the summer.
Blenheim’s MGA unit also writes aviation, construction and engineering and financial lines business, having added bloodstock capability through the hires of Ryan Specialty’s Tara Woodward and Madeline Long a year ago.
Parker said:
“This MGA brings extensive market experience and knowledge of wordings with a proven track record in innovation and bespoke underwriting to create a leader in its field”
“Under the Blenheim banner, we have a first-class and nimble team with the freedom to innovate and underwrite”
“We are looking to listen to what clients’ needs are, and to address these needs by being relevant and using our
experience.”
Media enquiries:
| Haggie Partners: | 020 7562 4444 blenheim@haggiepartners.com |
| Rachel Dalton: | rachel.dalton@haggiepartners.com |