Specialist managing general agent services platform OneAdvent, has secured a Lloyd’s capacity agreement for its Financial Lines MGA that will enable it to pursue growth opportunities in the EU and emerging markets. Lloyd’s coverholder and financial lines managing general underwriter Casper Specialty (UK) will lead the new facility.
Roberto Murru (pictured) heads up OneAdvent Financial Lines MGA, which was established six years ago. The new capacity deal sits alongside existing arrangements.
Murru said: “This is a fantastic opportunity for our business. This new capacity allows us to compete globally with the strength of the Lloyd’s licenses behind us. We can leverage our experience and specialist knowledge of these territories to deliver great results for our capacity partners.”
Tim Quayle, CEO at OneAdvent, added: “Securing this additional capacity from Lloyd’s is key to broadening our footprint and strengthening our offering to the market. I am confident that Roberto and his team will excel with the support of this new partnership.”
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