IGI releases new marine trades product

Segment makes up around 7% of its total gross written premiums

IGI releases new marine trades product

Marine

By Paul Lucas

International General Insurance Holdings (IGI) is determined to keep its marine insurance segment – which already makes up around 7% of its gross written premiums – thriving with the launch of a new marine trades product.

The new product is aimed at the smaller recreational marine market across the UK and complements its existing offerings covering marine liability and ports and terminals.

The team is led by Mark Trevitt, who has 30 years of marine underwriting experience. He is joined by Vickie Fox, who is responsible for the marine trades business.

“This product is aimed at a large and growing client base across the UK,” said Trevitt. “Given our size and experience, we are able to customise coverage to suit our clients’ needs, while also offering the ability to source multiple related coverages in one place.”

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