AGILE launches wholesale team for hard-to-place risks
AGILE continues to grow with a new team to service brokers who are finding some risks hard to place.
Led by James Crowther in Sydney and supported by senior underwriter Steve Ross in Melbourne, the team has deep connections with markets at Lloyd’s of London that specialise in difficult and distressed risks.
Agile Wholesale is a response to the high demand we’re seeing for hard-to-place risks. It’s a service we’ve been providing for some time with success and with the increasing demand it’s a good opportunity to formalise the offering.
James Crowther
The team will focus on a range of risks including Professional Indemnity for Financial Institutions, Directors and Officers for ASX Public Companies, Management Liability, Fintech, Crypto and Parametric Weather.
According to Steve Ross “the hardening market in these areas has made it difficult for brokers to place business for their long-term customers. We’ve been successful in sourcing and placing difficult risks in a difficult market and we’re excited to bring this to a wider audience.”
With brokers and customers unable to find cover for risks that fall outside the box, the team at AGILE can help customers who may have had a large claim, cover cancelled or non-renewed.
“We’ve been working hard with our markets in London to source additional capacity for these difficult risks,” commented Robin Barham, AGILE CEO. “We’ll continue to grow the wholesale capacity in response to the demand in the market.” Robin Barham, CEO of AGILE