TORONTO, ON, FEBRUARY 6, 2024/insPRESS/ – SSRU is excited to announce a partnership with the Sompo Japan Insurance Inc. (Canada Branch), introducing increased capacity within our Residential Realty and Commercial Property product offerings.
SSRU’s Residential Realty product offering has been increased by $5,000,000, bringing our available capacity to $30M, while our Property product offering has been increased by $10,000,000, bringing our available capacity to $35M.
SSRU is also pleased to have strengthened our domestic Commercial Casualty offering through partnerships with two distinct Lloyd’s syndicates, bringing our Commercial Casualty capacity to $31M.
Heather Jamieson SVP of Property commented:
“The increased syndication of SSRU’S insurance panel reinforces our long-term, stable capacity in the marketplace.”
Victor Ip, SVP of Casualty commented:
“We are pleased to be able to offer meaningful, long-term capacity in a market where capacity for severity driven risk is often transitory.”
Stephen Stewart, President and CEO of SSRU commented:
“SSRU’s increased capacity creates broader syndication among our carriers, reducing our client’s exposure to counterparty risk and further insulating our panel from severity loss.”
Further Information about SSRU
SSRU is a Specialty Insurance MGA based in Toronto, Canada.
Founded in 2016, by its CEO Stephen Stewart, SSRU provides specialty insurance products to a wide array of clients in the Construction, Manufacturing, Natural Resources, Public Entity, Realty, and Transportation sectors.
For more information, please contact info@ssru.ca
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