Jackson Lee Underwriting announces it has signed a new partnership deal with Sompo Canopius for the provision of specialist GAP and Excess products for the broker market.
The new capability will complement Jackson Lee Underwriting’s existing range of A rated capacity providers, giving brokers more choice and flexibility on niche products. The deal also means that Jackson Lee is now a Lloyd’s coverholder, which allows broader access to the Lloyd’s Insurance Market and will assist in the development of new schemes for its broker partners.
Nick Mohan, joint Managing Director, Jackson Lee Underwriting, comments: “We are delighted to have signed this new agreement with Sompo Canopius. Being a trusted coverholder is testament to our 25-year-long heritage and proven expertise as a niche lines Underwriting Agency. It means that we are able to offer brokers even more confidence in the security of their underwriter which is of particular importance in the current economic climate. Working with Sompo Canopius also allows us the opportunity to develop products in Europe.
“As a preferred partner we have agreed a core range of products and are able to set competitive premiums with clear and simple policy wordings, supported by a first class claims service.”
Jackson Lee Underwriting will shortly be launching further innovative products for insurance brokers supported by Sompo Canopius designed to meet the needs of brokers’ customers.
-ends-
For further information, please contact SJ Wrigley at Spotlight Consulting on 07909546104 or sj@spotlightconsulting.co.uk
Notes to editors
Jackson Lee Underwriting is an Underwriting Agency celebrating 25 years in business this year with offices in London, Devon and Warwickshire. It has been the BIBA approved GAP scheme provider since 2012 and specialises in bringing a broad range of innovative niche insurance products to the broker market.
About Sompo Canopius
Sompo Canopius is a global specialty (re)insurer which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., one of the top three Japanese insurers. This company is a subsidiary of Sompo Japan Nipponkoa Holdings, Inc., which is listed on the Tokyo Stock Exchange (No. 8630). Sompo Canopius has underwriting operations in the UK, Netherlands, Switzerland, Bermuda, US and Singapore. The group offers specialist insurance and reinsurance across property; marine, energy & engineering; political risks & crisis management and casualty, accident & health lines.