White Oak Underwriting secures 2011 capacity

White Oak Underwriting Agency has confirmed Hiscox, Argo and Inter Hannover as its capacity providers for 2011.

The specialist automotive and equipment underwriting agency said Lloyd's Syndicates Hiscox 3624 and Argo 1200 will provide the majority of the premium capacity.

And new partner, Inter Hannover, will provide additional premium capacity to bolster White Oak's extended warranty portfolio.

Jeff Dolton, White Oak operations director, said that the company's 2011 capacity represents “a significant increase over 2010 levels and reflects White Oak's confidence in its business acquisition strategy over the next twelve months".

Managing dircetor John Shepherd said: "Within a very short time White Oak has not only entered the market place but established itself as a trusted leader.”

“All credit for this should be given to the outstanding efforts of the underwriting and support teams led by Matthew Maxwell.”