New Dawn Risk’s UK division to serve ‘clear demand’ for big broker alternatives

International specialist insurance intermediary New Dawn Risk has unveiled a new division focusing on the UK market.

It will provide liability and speciality solutions directly to insurance buyers, while also partnering with UK regional brokers who are looking for a bespoke specialist service.

This will mirror New Dawn Risk’s international business offering.

The move follows a “clear demand” for an alternative to big brokers, according to Max Carter, chief executive of New Dawn Risk.

Crying out for brokers

Carter said: “At the moment in the UK market there is clear demand for an alternative to the larger broking houses and our new division will bring New Dawn’s independent, high-touch and tailored approach to the UK for the first time.

“Many businesses that need insurance are suffering the effects of a difficult and uncertain trading environment, while broker consolidation and soaring rates in some classes bring opportunities for specialists to make a difference for particular groups of buyers.”

Meanwhile, New Dawn Risk’s head of UK broking Tom Malcolm added: “Now, more than ever, the UK market is crying out for brokers that have the requisite skill set and expertise to steer businesses through these challenging times.

“Our newly established UK division is well set to meet these demands via our team of product specialists who put client service at the core of everything they do.”