Moving with the times to support Brokers
A broker first approach has always guided our decisions and to be able to move with the times and respond to evolving client needs demands flexibility, consistency and creativity. We are delighted to announce that we are now working with two, highly-regarded, A+ rated insurers, Allied World and Sompo on our SME package product enabling us to build on our reputation for responding quickly to changing customer needs.
The move to a syndicated capacity arrangement provides us with the opportunity to significantly develop and enhance our product suite as we start our next phase of growth. As well as ensure we are highly resilient to insurance market swings and whims, and can continue to respond, quickly, to our brokers ever changing needs.
“We are delighted to be partnering with the team at Aqueous, a move which fits in with our ongoing strategy to develop further our UK commercial footprint and support the needs of our growing SME customer base outside the London market.”
– Joe Brown, Head of UK Middle Market & SME, Commercial P&C Insurance, Sompo, UK
Our new syndicated placement approach is already bearing fruit with the launch of an important new cover extension for Dine & Dash on the 1st January 2025. This seeks to addresses the sharp escalation in losses impacting pubs, restaurants and bars and helping protect SMEs as they navigate their way through the challenges presented by the ongoing Cost of Living Crisis.
“Allied World is committed to the SME market in the UK and partnering with Aqueous is a natural fit. We look forward to leveraging our technical knowledge, and market relationships to deliver insurance solutions for brokers.”
– Emma Lisi, Senior Vice President, Head of UK Commercial Division, Allied World
We believe the new capacity arrangement will enable us to build on our successes and continue to respond quickly to changing customer needs. If you have any questions on this please contact our team who’d be happy to talk.
