The insurer estimates it will write US$30mn to US$40mn of premium from London
Glacier Insurance has moved to a new underwriting office in London. It will now have a permanent base at Leadenhall Street, London.
Glacier Insurance began its London underwriting operations in March 2008, adding to its operations in Switzerland, Germany and Liechtenstein. Glacier Insurance London specialises in writing marine, war and terrorism, UK property, general aviation, space and London market casualty business.
The insurer says it is on track to write US$30mn to US$40mn of premium from London in its first year.
Robbie Klaus, CEO of the Glacier Group, said: “The new London office reaffirms Glacier’s commitment to this important market. It will enable us to provide local partners and clients with the strengths of continental and international expertise combined with local market needs.”
Steven Price, managing director of Glacier Insurance London, commented: “I am very much looking forward to welcoming both brokers and clients to our new London home. We are delighted with the response we have had since we started operations in March and are committed to further developing our underwriting capabilities from our new London home at 88 Leadenhall Street.“
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