Specialist marine underwriting agency Galatea has rebranded as the Travelers Underwriting Agency Limited. The move follows Galatea’s acquisition by Travelers in 2007.
Galatea specialises in providing a range of marine liability insurances for companies and individuals who service the shipping, logistics and offshore oil and gas industries. With the business continuing to see strong demand for its niche marine products, the rebranding reflects the overall success of the acquisition and will further help the business benefit from the overall strength of the Travelers’ brand.
Commenting on the rebrand Mark Clifford, Manager – Ports and Terminals and Marine Professionals & Logistics for Travelers, said: “Over the last two years we have successfully integrated Galatea into the Travelers group and the rebranding under the Travelers umbrella is the culmination of this effort. This allows us to offer a seamless logistics, professional indemnity and ports product to our customers though our Lloyd’s brokers and worldwide agency network.
“Galatea’s capabilities and expertise are highly regarded among the marine community. Our aim is to keep the positive attributes that Galatea is renowned for while signalling clearly that the business is benefitting from its place in the Travelers group.”
Travelers Syndicate 5000’s marine lines include cargo, specie, offshore energy, yachts, liability, ports and terminals and hull and machinery.
Travelers Underwriting Agency specialises in marine liability business including professional indemnity, cargo handling and professional negligence.
