New Lloyd's insurer, Ataraxia Markets, to underwrite for acquired businesses

Ataraxia Broking, the brainchild of former Brokerbility chief executive Stuart Randall, is setting up a Lloyd’s insurer to exclusively underwrite business for its acquisitions, Insurance Times reveals this week

The new insurer arm, which will be called Ataraxia Markets, will begin underwriting from the Lloyd’s building next month.

Randall, who founded Ataraxia Broking five months ago to snap up small brokers, said it would only accept business placed by its acquired brokers.

Click here to read the full story from this weeks issue of Insurance Times.