Endurance has opened discussions with 12 major regional brokers to write commercial property business in a bid to increase its insurance portfolio.
The Bermudan-backed insurer wants to increase its UK market share via the regional broker channel. Endurance head of UK individual risk property
Jonathan Houghton said: "We want to establish relationships with an optimum of 20 brokers within the group.
"We are looking for a further eight ideally but we are only looking at property business at the moment."
Endurance has established a UK property insurance team comprising a number of specialist underwriters and leading names in the business. These include: UK business manager Richard Coxon; head of insurance underwriting Andy Brooks; senior underwriters Andy Macleod and Dermot Walsh; head of claims Alan Barlow; and risk engineers Stuart Kenyon and Warren Ash.
Houghton added: "We style ourselves as a local insurer from London.
We are willing to travel to brokers and assess their needs. We have the technical underwriting skills married with our claims and risk services in the same office. This gives the client peace of mind and more accessibility to our risk consultancy capabilities."
For the first quarter 2006, Endurance posted $571.4m (£313.3m) gross premiums written compared and a combined ratio of 84.9%.
