IGI kicks off multi-line trading at Lloyd’s, signals strong London strategy
Bermuda-based International General Insurance Holdings (IGI) has established a presence at Lloyd’s of London. The Bermuda-based player started trading today for the first time at the 335-year-old marketplace.
IGI said the move signals the company’s long-term commitment to the London market. The news follows the release of its first quarter results that showed robust growth in reinsurance premiums and better investment outcomes.
IGI will trade across multiple business lines at Lloyd’s, with underwriting teams operating on a rotational basis.
Located in the iconic Lloyd’s underwriting room at One Lime Street, IGI is located in Box 330A, Gallery 3.
The establishment of a presence within the Lloyd’s room contributes to IGI’s strategic growth objectives by increasing distribution and enhancing brand recognition, the company said.
Christopher Jarvis, group chief underwriting officer at IGI, said: “This is an exciting move for IGI at a time when strategic and profitable growth is a priority for us. Having a company box in Lloyd’s underwriting room, in the heart of the London insurance marketplace, strengthens IGI’s profile and provides enhanced distribution capabilities in the most efficient manner.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
