APC targets the London market
Underwriting agency APC has launched a London market broking team to place risks for regional brokers that cannot be facilitated under its regular binding authorities.
APC London Markets will cover property, casualty, professional indemnity and directors’ and officers’ risks with both Lloyd’s and London company market insurers. It will cover the majority of UK, European and international risk locations.
The team will be headed up by Ian Ashworth, who joins APC from Holman’s where he was a senior broker. Other members of the team will include Tom Murray and Mark Russell.
“While our binders enable us to place a wide range of risks immediately, we have seen a growing demand from our brokers that would like to use us for other business,” said APC director, Ian Russell. “By launching APC London Markets our supporting brokers will now have access to a one stop shop for securing cover for all aspects of their client’s operation, with a very experienced team to back it up.”
APC achieved Lloyd’s broker accreditation in September 2009, but has not to date used the facility to place risks for its regional brokers.
