International re/insurance MGA of the Aventum Group Rokstone has announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management, a global program manager. The partnership encompasses both US and international business.
This agreement represents a significant step for both companies. Rokstone explained that Accredited's enhanced financial strength and expanded capabilities will support the company in developing its specialty insurance solutions and expanding its market presence.
Accredited, recently acquired by Onex Partners, writes more than $2 billion in gross premiums and holds an A- (Excellent) financial strength rating from AM Best.
The capacity agreement will also allow Rokstone to broaden its product and service offerings, while providing Accredited an opportunity to diversify its portfolio and expand its risk profile.
James Potter (pictured above), CEO of Rokstone, commented on the partnership, noting that the deal provides additional security and a seamless execution process for broker partners.
Potter also highlighted Rokstone's growth in recent years, citing consistent top-quartile loss ratios and the benefits of securing additional capacity to support further expansion into new lines and target territories.
William Spiegel, CEO of Accredited, described the partnership as the company's first major collaboration as an independent platform, aligning with its strategy to work with leading MGAs.
Spiegel further acknowledged Rokstone's growth, supported by sophisticated underwriting, and expressed anticipation for helping them continue to build their offerings and reach.
In June, Rokstone also announced the appointment of Graham Amato to launch a new global sports personal accident portfolio.
The new portfolio will launch with A-rated capacity, offering tailored, Lloyd’s-approved wordings for various sports, including motorsport, golf, tennis, and football. These wordings will cover the four key risks of accidental death, permanent total disablement, temporary total disablement, and medical expenses and repatriation.
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