Broker lands Rowan Asset Management portfolio
Lockton’s Real Estate & Construction division has been appointed for Rowan Asset Management’s real estate portfolio, valued at £500m.
Rowan Asset Management is a privately owned international property company and fund manager who began trading 10 years ago. It is presently considering other future investment opportunities and is looking at significantly increasing the real estate assets under its funds.
Chief Executive Officer of Lockton’s Real Estate & Construction division, Richard Owen said: “We demonstrated a clear understanding of our client’s insurance requirements.Our specialist knowledge of the real estate and construction sectors enabled us to secure improvements in cover for both Rowan’s UK and German funds, whilst successfully negotiating more competitive premium rates.”
Apart from their UK activities, Lockton's Real Estate & Construction’s depth of experience extends to include the European Economic Area, including territories such as Sweden, Spain, Germany, Holland, Switzerland, Belgium, Czech, Poland, and France.
They also currently arrange and place insurance programmes for both commercial and residential properties with a growing overall sum insured in the region of €60bn.
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