Deal to grow Liechtenstein-based insurer’s presence in UK SME market
Gable has signed a deal with UK commercial broker RiskAlliance Group that will generate an estimated annual gross written premium of £10m for the unrated Liechtenstein-based insurer.
Under the deal, Gable will underwrite commercial combined business for UK SMEs generated by RiskAlliance.
Policies will provide a year’s cover, and Gable will start writing the business immediately.
Gable chief executive William Dewsall said: “We are delighted to be working with RiskAlliance as we continue to grow Gable’s presence in the UK SME market providing a range of products that benefit from our highly efficient platform and excellent service levels to our customers.”
RiskAlliance chief executive Stan Kaznowski added: “Gable’s facilities will enable our group to continue to provide highly competitive products to our growing customer base.”