Cobra Network member to distribute more SME products

Yutree Underwriting, a division of Yutree Insurance, has signed an exclusive partnership with ProSight Specialty Insurance as the main distributor of a range of its SME products to independent brokers.

Yutree will provide ProSight’s employers’, public and products liability and contractors’ all risks policies in the SME market.

Additional products will be rolled out soon. 

ProSight managing director Julian Enoizi said: “This is a great opportunity for both Yutree and ProSight to work together to build a long-term profitable account. Yutree have built a team of talented insurance professionals with an excellent track record of distribution and trusted underwriting capabilities.

“This is the perfect solution for ProSight and helps us to fulfil our business strategy in the UK SME market.”

Yutree’s executive chairman Leigh Smart said: “This is a tremendous opportunity for Yutree Underwriting and ProSight, and the upshot is that we can offer real exclusivity on a range of niche trades and covers.”

Yutree’s director of underwriting Laura High said: “It’s a great start and the plan is to advance this product set with good pace. We will be working hard to deliver on our business promises and reviewing our approach regularly”.