First credit rating for insurer

IGI Insurance has been assigned an A- rating by AM Best.

IGI Insurance managing director Keith Wardell said it is the first credit-rating for the company in its own right.

“This rating really demonstrates the financial strength of our company," he said. "We’ve been growing over the past few years, following the company being acquired by Bermuda-based AmTrust International Insurance back in 2007, as well as our acquisition of legal expenses specialist Complete Claims last year.

“Our strategy is, and always has been, to provide our clients with imaginative insurance products backed up by a reliable and quality service.

"AmTrust Group has some exciting projects in the pipeline which will see it expand and develop further in Europe, something that all at IGI are looking forward to being part of.”