’Having a box at Lloyd’s signals our long-term commitment,’ says chief executive
Managing general agent (MGA) Rokstone has taken a box at Lloyd’s of London to widen its distribution across multiple lines of speciality business.
Rokstone said it has acquired box 335, which is located on gallery three, and will begin trading from today (15 April 2024).
It will be operated by underwriting teams across its property, marine, aviation, contingency, construction and energy portfolios.
The MGA felt having a box was key to give brokers the opportunity to connect face-to-face with underwriters to discuss complex speciality risks.
James Potter, chief executive of Rokstone, said: “We’re excited to take our place on the Lloyd’s trading floor, giving more brokers direct access to some of the world’s leading underwriters in the speciality classes they need.”
Three-year deal
Rokstone said that it had taken up the box on a three-year deal and felt the move “reinforces” its longevity in the market.
Read: How are the younger brokers shaping the future of the insurance industry?
Read: Face-to-face trading in underwriting room key for 2024 – Liiba
Explore more London market content here or discover other news stories here
“We’re on a journey to become the most inspiring MGA in the world,” Potter said.
“Having a box at Lloyd’s signals our long-term commitment and takes us one step further towards our goal.”
Vicky Carter, deputy chair at Lloyd’s, added: “Rokstone has built a strong reputation in the market and we welcome them warmly to the Lloyd’s building.
“Lloyd’s is the place for forward-thinking companies like Rokstone to come together and innovate to find solutions to some of the most complex and challenging risks facing us daily. At Lloyd’s our ambition is attracting the world’s best talent to operate within the market environment.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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.
No comments yet