Booming business at Fusion Insurance Services is behind a £20m jump in forecasts at Lloyd's insurer SVB Holdings.
SVB has raised its forecast from £60m of gross written premium to £80m.
Most comes from success at Fusion Insurance Services, 80% owned by SVB.
Fusion targets regional commercial business through a panel of local brokers. Gross written premium income for 2002 is expected to be more than £50m.
SVB owns two other distributors. They are SVB Underwriting Services ltd and SVB Asset Protection ltd.
