28 June 2017Insurance

Newline launches affinity and special risks business in London

Specialty insurer Newline Group, a unit of Odyssey Re, has launched a new business line focused on the UK and international affinity and special risks products.

Led by Philip Pearce, senior underwriter, Newline will now offer motor-related warranty, non-motor warranty and value-driven add-ons such as excess waiver policies. In addition to Pearce, the new team includes John Crossley, class underwriter and Thomas Griggs, underwriter.

Newline’s affinity and special risks team is based in London.

"The affinity and special risks market presents a significant opportunity for Newline in the coming years as we seek to expand our product offerings across new and existing distribution channels," said Carl Overy, CEO of Newline Group.

"We are delighted that Phil, John and Tom have joined our team. Their collective experience ensures that we have the necessary specialty expertise to serve clients in this niche market."

Newline operates through Syndicate 1218 at Lloyd’s. It underwrites international casualty and cargo business from its headquarters in London.

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More on this story

29 May 2018   London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany.