’This is a natural step in our evolution and we look forward to continuing to grow our presence in the years to come,’ says chief executive

Insurance group ConnectUW Holdings has revealed that it will open a box at Lloyd’s of London.

The group will take ownership of Lloyd’s box number 356, which is based in the company market section on gallery three, from 23 December 2024.

It will initially offer facultative reinsurance cover for worldwide property, energy and war and terrorism risks on an excess-of-loss basis.

Jamil Elbahou, chief executive and chief underwriting officer at ConnectUW, said: “This is a natural step in our evolution and we look forward to continuing to grow our presence in the years to come.”

Other offerings

ConnectUW is the parent company of Connect Underwriting and other specialist reinsurance MGAs.

When it takes its box at Lloyd’s, brokers will also be able to access a range of specialist reinsurance products offered by the group’s other MGAs.

Elbahou said: “I am delighted to announce that our underwriters will soon be available at Lloyd’s, providing further easy access for Lloyd’s brokers.”