Lloyd's managing agency Ascot has signed up to use the Kinnect platform.
Kinnect's other customers are brokers Marsh and Willis, and underwriters Ace European Group, Amlin, Beazley, Markel and Wellington.
Ascot operations director Andy Stears said: “We have followed Kinnect's progress with great interest over the last year and Ascot believes that the time is right to put our weight behind this initiative.
“The recent increase in the number of North American property risks passing through the Kinnect platform from Marsh and Willis is of particular interest to us as this is an opportunity to build even closer links with these brokers within this major risk class for Ascot.”
In 2003, Ascot reached a capacity of £340m in premiums in a range of classes including property, political risks and terrorism, marine and energy. Ascot is backed by AIG.
