Canadian Underwriter

Newline Group establishes new service company in Canada


March 14, 2018   by Staff


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Copyright: 123RF.com/dolgachovSpecialty insurance group Newline Group is entering the Canadian market as Newline Canada Insurance Ltd.

“Canada represents an important market for Newline […] as we work to tailor products to meet clients’ needs whilst providing local service,” Carl Overy, CEO of Newline Group, said in a news release.

Related: AEGIS London appoints new claims manager for Canadian coverholders

Newline Canada will initially offer D&O, professional indemnity, commercial crime and bankers blanket bond policies to small- and mid-size clients.

The new company, based in Toronto, will operate as a coverholder for Newline Syndicate 1218 at Lloyd’s.

Newline operates in 80 countries, underwriting international casualty and cargo business.

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This story was originally published by Canadian Insurance Top Broker.