Intech has won a contract worth millions of pounds over five years with marine and energy insurance giant Gard AS.
Intech director of sales and marketing Tony Collard said the deal, the lar …
Intech has won a contract worth millions of pounds over five years with marine and energy insurance giant Gard AS.
Intech director of sales and marketing Tony Collard said the deal, one of the largest in Intech's history, would be followed by a major deal in Ireland.
"We have signed a letter of intent with a commercial lines insurer, which is owned by a reinsurance company in Ireland.
"We also hope to work further with AXA after the success of the AXA fine art contract we won last year."
Gard has rolled out Intech Solutions' Open Marine product across all portfolios.
Gard is the second largest P&I club, accounting for 12.5% of the world's blue-water P&I market, with an annual gross premium of $500m, and an income sheet of $1.3bn.
Collard said he hoped to achieve growth of "20% per annum with an earnings before depreciation, interest and tax of 10% of turnover".
