Century Underwriting has launched a professional indemnity and directors and officers (D&O) service to accompany its existing property owners and motor fleet business units.
The new service is part of the underwriter’s five-year diversification plan.
Partnering with the A+ rated insurer, Arch, the products are targeted at companies and partnerships with annual turnover of up to £100 million.
John Levett, operations manager, Century, will lead the new UK professions division.
Guy Fraser, managing director of Century Underwriting, said: “Our new UK professions division is part of a diversification strategy to bring new resources to our brokers. Our ability to develop coverages with a specialist A rated insurer has created a fresh market for many of our regional supporters.”
Fraser added: “Century will continue to grow our range of products with experienced capacity partners alongside our specialist focus on commercial motor.”
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Century Underwriting, Arch, D&O insurance, John Levett, Guy Fraser, London, Europe