European non-life insurance company Gable Holdings has strengthened its Norwegian business.
The agreement, with the Confederation of Norwegian Enterprises (NHO), the largest SME trade association in Norway, will mean that Gable will be able to provide its property and employers' liability products to its members, numbering some 23,000 small to medium size enterprises.
Gable will commence underwriting during the final quarter of 2014 and anticipates that this business will deliver gross written premiums of £15 million per annum.
William Dewsall, chief executive, Gable, said: "We are delighted to announce today our agreement to write further new business in the Norwegian market where we have been successfully building on our commercial presence through selected distribution partners since entering that market."