MGA takes box at Lloyd’s of London

Managing general agent (MGA) Rokstone has taken a box at Lloyd’s of London to widen its distribution across multiple lines of speciality business. 

Rokstone said it has acquired box 335, which is located on gallery three, and will begin trading from today (15 April 2024).

It will be operated by underwriting teams across its property, marine, aviation, contingency, construction and energy portfolios.

The MGA felt having a box was key to give brokers the opportunity to connect face-to-face with underwriters to discuss complex speciality risks.

James Potter, chief executive of Rokstone, said: “We’re excited to take our place on the Lloyd’s trading floor, giving more brokers direct access to some of the world’s leading underwriters in the speciality classes they need.”

Three-year deal

Rokstone said that it had taken up the box on a three-year deal and felt the move “reinforces” its longevity in the market.

“We’re on a journey to become the most inspiring MGA in the world,” Potter said.

“Having a box at Lloyd’s signals our long-term commitment and takes us one step further towards our goal.”

Vicky Carter, deputy chair at Lloyd’s, added: “Rokstone has built a strong reputation in the market and we welcome them warmly to the Lloyd’s building.

“Lloyd’s is the place for forward-thinking companies like Rokstone to come together and innovate to find solutions to some of the most complex and challenging risks facing us daily. At Lloyd’s our ambition is attracting the world’s best talent to operate within the market environment.”