Global specialty insurer StarStone has appointed digital underwriting agency Agile Underwriting Services as a representative agent for its New Zealand and Australian businesses.
The appointment will see Agile represent StarStone across the full range of specialty classes provided by Syndicate 1301. The new underwriting facility will be led by StarStone Australia managing director and Agile founder and CEO Robin Barham. The move will also see the closure of StarStone’s Australia office.
“StarStone’s retention of Agile highlights the ongoing benefits for both businesses and our customers of our existing relationship,” Barham said. “The partnership will ensure customers retain access to StarStone’s capacity and expertise, StarStone will gain more efficient access to Australian customers, while Agile will continue to benefit from working with a global insurer.”
“As StarStone continues its strategy to reposition its operations, we are looking to develop long-term partnerships in key geographies to enhance our global reach,” StarStone Group CUO David Message added. “The underwriting team at Agile already has close relationships with our international underwriting teams and is well-placed to assist us in developing our client proposition in the region.”
Agile underwrites accident and health, aviation, cargo, cyber, financial lines, marine hull and marine liability as a Lloyd’s coverholder. It operates in Sydney, Melbourne, Brisbane and Christchurch.