Commercial insurance underwriting agency, APC, has launched a London market broking team to place risks for regional brokers that cannot be facilitated under its regular binding authorities.
APC London Markets will place a wide range of risks including property, casualty, professional indemnity and directors & officers with both Lloyd’s and London company market insurers. Geographically, the team will cover the majority of UK, European and International risk locations.
Mr Ian Ashworth leads up the team and joins APC from Holman’s where he was a senior broker. The London market broking team also includes Tom Murray, previously divisional director at Bowood and Mark Russell who moves internally from APC Underwriting. Together they combine over 70 years of experience in the London market.
They will be based at APC’s offices on Leadenhall Street, London.
APC achieved Lloyd’s broker accreditation in September 2009, but has not to date used the facility to place risks for its regional brokers.
APC director, Ian Russell said: “While our binders enable us to place a wide range of risks immediately, we have seen a growing demand from our brokers that would like to use us for other business. By launching APC London Markets our supporting brokers will now have access to a one stop shop for securing cover for all aspects of their client’s operation, with a very experienced team to back it up. We have enhanced our-line trading platform to accept submissions in less than a minute, the London Market team will do the rest.”
