CRS yacht team to move to Oxygen head office
Lloyd’s broker Oxygen today announced a partnership with insurance broker CRS yachts and the creation of a specialist superyacht team.
The existing CRS yachts team of Simon Ballard, Ashley Stratton and Robert Higham will relocate to Oxygen’s head office at 34 Lime Street in London.
The new team will trade under the CRS yacht brand, which was created in 2002.
The sector specialises in insurance for private, pleasure and charter yachts over 30 meters in length and is worth from Euro 5 million up to Euro 250 million.
Nigel Barton, chief executive officer of Oxygen Holdings Plc said: “Oxygen’s strategy is to attract high quality people who are leaders in specialist classes of business. We are delighted that Simon and his team have chosen to partner with Oxygen.”
Simon Ballard of CRS yachts said: “We are very much looking forward to working with Oxygen which has established itself as an innovative company within the insurance market. With the assistance of Oxygen’s first-class infrastructure, technology systems and strength, we feel we can continue to service our existing and new clients to the highest level and to achieve growth within this fast-moving industry.”
Oxygen Insurance Brokers has teams covering Construction Power and Mining, Professional Risks, Management Risks, Music & Entertainment Risks, UK Corporate Risks and Structured Reinsurance.
