A G Doré & Others Syndicate 2526; the Lloyd’s Syndicate specialising in Professional Indemnity, Medical Malpractice, Directors & Officers Liability and Financial Institutions insurance, has launched a new portfolio focussed on Accident and Health cover. The strategy, which will target UK Brokers, will focus on both commercial and consumer customers.
The core product areas underwritten will cover Personal Accident and Sickness, Travel and Medical Expenses. The new Accident and Health team is made up of two ex-QBE underwriters. Line Underwriter, Mark Gibson has 19 years experience as an A&H underwriter and manager with QBE European Operations, ACE European Group and Chubb Insurance Company of Europe and supporting him will be James Glover who has 10 years experience as an A&H underwriter with QBE European Operations, ACE European Group, Compass Underwriting and RBS Insurance.
Also, in line with Lloyd’s 2025 vision, expansion into Accident and Health cover will help diversify A G Doré’s capital base by growing its premium income in a new market. A G Doré & Others Syndicate 2526 is actively managed by Asta, the Lloyd’s leading third party syndicate manager.
Mark Gibson, Line Underwriter for the new portfolio comments: “Distribution for the portfolio will consist of both Lloyd’s and non-Lloyd’s entities for the first year. James and I intend to exploit the strong and long standing relationships we have built up with the brokers and cover holders over the years and AG Doré is just the place to do this. The syndicate will allow growth for a portfolio of this size in a flexible and nurturing environment.”
Commenting on the new portfolio, Andy Doré – Active Underwriter at A G Doré concludes: “We are extremely pleased to welcome Mark and James to the syndicate as well as supporting them this new venture. A new line of business like Accident & Health supports our business ambitions for 2013 as well as reinforcing our desire to nurture new talent in a flexible, specialist environment.”
