Lloyd's insurer Amlin to rename Lockton business as AUA Insolvency Risk Services
Amlin has completed the transfer of the UK insolvency practitioners’ insurance business from Lockton.
The business, which generated approximately £13m of gross written premium in 2009, will operate as an FSA-registered broker and trade as AUA Insolvency Risk Services.
The 40 staff will continue to report to managing director, George Pritchard.
David Overall, sales & marketing director of Amlin UK, said: “We are pleased to add this countercyclical niche business to our offering in the United Kingdom and welcome the team to the Amlin group.”