General Insurance Article - Xbroker targets niche markets with Swiss Re and Alpha


 Xbroker, the niche commercial underwriting specialist has extended its panel of capacity providers to include Alpha Insurance A/S in collaboration with Swiss Re. 

 The new capacity enables Xbroker, part of the Moorhouse Group, to expand its motor offering to brokers to include motor fleet for self-drive hire, haulage and couriers. The new capacity fits with Xbroker’s strategy of expanding its range of innovative insurances to brokers, particularly in underserved areas such as courier.

 Xbroker is also in the process of recruiting a senior motor fleet underwriter to help administer the new capacity. Further Xbroker expansion is planned with the launch of a range of new products over the coming months.

 The new capacity has been added at a time when the motor fleet market remains immensely competitive. While Xbroker does not compete with the composite market for standard car and van business, the Xbroker Motor Fleet product allows brokers direct access to an underwriter to place risks that would otherwise go into the London market. This allows brokers to develop a much closer relationship directly with the underwriters.

 Karl Railton, head of underwriting and propositions at the Moorhouse Group said: “Joining forces with Alpha and Swiss Re will enable us to better target risks within motor that brokers often have difficulty finding a market for. Blending our specialist underwriting experience, the high degree of flexibility Alpha provides and the strength of Swiss Re we are able to provide a competitive and sustainable market to brokers for niche motor fleet risks.”
  

Back to Index


Similar News to this Story

Sleighing the risks by giving Santa the insurance he needs
While you might be the most magical employer in the world, we know that even you aren’t immune to the risks of running a global delivery service! From
Diversity improving in insurance and long term savings
Key figures from the Association of British Insurers’ latest Diversity, Equity and Inclusion (DEI) data collection highlight the work of insurers and
Almost a third of homeowners have been victims of burglaries
Research commissioned by Co-op Insurance reveals that almost one in three (29%) homeowners have been the victims of theft from their home. The member-

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.