K2 International, the London-based specialty insurance and reinsurance underwriting platform owned by K2 Insurance Services, has unveiled K2 Rubicon Specialty.
Established by industry veterans Gavin Wall, Parth Patel, Chris McGill, and Matt Eve, K2 Rubicon Specialty is a new division that will write across multiple lines such as marine and US property within the London Market.
"We are delighted to join K2’s expanding MGA (managing general agent) platform in London, which prioritises underwriting excellence and exceptional client service,” Wall commented.
“I’m excited to lead this team of seasoned insurance professionals and leverage all the benefits that an MGA platform such as K2 Insurance Services provides.”
K2 International chief executive Richard Coello, meanwhile, shared his camp’s excitement by saying: “We’re thrilled to launch this new division and welcome such skilled underwriting talent to our team. Their expertise will significantly enhance our profile and capacity provider offering in the market.”
Bob Kimmel, CEO and co-founder of K2 Insurance Services, highlighted the importance of the launch, stating: “The growth of K2 International is a strategic priority for us.
“The launch of K2 Rubicon Specialty, combined with the addition of such highly regarded insurance services talent, will be a powerful driver of K2 International’s success.”
This year, K2 International’s gross written premium is projected to exceed US$150 million across its four business sectors: property catastrophe, commercial property, financial institutions, and credit.
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