Products developed for engineering, plastic manufacturing and print industries
RK Harrison-owned managing general agency Aqua Underwriting has launched a range of commercial combined products exclusively for brokers.
Aqua’s first commercial products and schemes have been developed specifically for the engineering, plastic manufacturing and print industries, and cover for unoccupied property.
The MGA’s commercial team is headed by Paul Sims, who has held underwriting roles with both RK Harrison and Aviva.
Aqua said it is applying the same underwriting approach it uses in its current high net worth (HNW) business. It added that it has direct access to underwriters and broad authority limits from its insurer partners, and so aims to provide a faster turnaround and improved levels of service to support brokers.
Aqua managing director Jonathan Rouse said: “The response to our HNW products and broker-focused approach has been very positive. By combining experienced teams and flexible underwriting we aim to replicate the successes we have achieved in HNW within niches in the commercial market.”