May 23, 2012 by Canadian Underwriter
RSA has re-organized its international specialty business into three key divisions, as it seeks to connect brokers and customers who are seeking global expertise and capacity.
As of June 1, the U.K.-based insurer’s regional specialty business will be organized according to construction and engineering (including renewable energy), marine and risk managed business.
All three lines will come under the insurer’s Global Specialty Lines (GSL) division, which was launched last September and currently writes approximately $1.9 billion (£1.2 billion) of premiums globally.
“Since we launched GSL in September last year, we’ve made some great progress,” said Paul Donaldson, RSA’s group broker relationship and sales director. “To build on this momentum we’ve organized ourselves globally in order to support our growth.”
The company noted the move will allow it to work closer with international brokers, offer more consistent global programs and drive strategic growth in its specialty business.
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