Aventum-owned MGA takes second box at Lloyd’s

Aventum-owned MGA Rokstone has acquired a second box at Lloyd’s of London to enhance face-to-face access between brokers and its underwriters.

Rokstone has acquired box 398a in addition to its existing box 398 – both are located on gallery three.

Underwriting teams will operate the two boxes, offering expanded coverage in financial lines and casualty alongside Rokstone’s core portfolio.

This includes directors and officers liability, professional indemnity, surety and credit, property, marine, aviation, contingency, construction and energy lines.

The MGA said the second box was added to meet growing broker demand and provide more face-to-face connections with underwriters.

Rokstone added that the acquisition highlights its commitment to the London market as a key platform for growth.

Ian Anson, managing director of Rokstone, said: “Taking another box underpins just how fast we are growing, but more importantly it stands as a testament to our confidence in the London and Lloyd’s market and commitment to delivering exceptional value.

“We have ambitious plans to continue growing our presence in the market and the support from Lloyd’s syndicates – bringing additional lines, capacity and inspiring opportunities to brokers and carrier partners.”

First box

This comes after the MGA secured its first box at Lloyd’s of London in April 2024 to widen its distribution across multiple lines of speciality business.

In July 2024, Rockstone explained the decision to secure its first box in the underwriting room was straightforward because the MGAs recognised it could provide convenient in-person access for brokers and facilitate trading complex risks.

Anson explained: “Most business done at the box tends to be transactional, so there’s not much room or need for blue sky thinking.

“Having said that, for the more complex risks, it is much easier to design a fluid programme at the box for a broker, so it can facilitate innovation from that perspective.”