Lloyd's managing agent Creechurch will boost its professional indemnity (PI) capacity by around 40% in 2004.
A Creechurch spokesman confirmed that the insurer would write around £12m of PI business in 2004. This compared to £7.5m in 2003.
The business will be written by syndicates 1607 and 2962. Creechurch Syndicate 0962 ceased writing business in 2003.
Last month, Brit bought the £20m renewal rights to Creechurch's property portfolio.
Under the terms of the deal, Brit will not assume any liability in respect of business written prior to 1 October 2003.
But Brit will manage the run-off of elements of the existing business for an undisclosed fee.
As part of the deal, a team of Creechurch underwriters and support staff, led by senior UK commercial property underwriter Jon Bartlett, joined Brit.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
