Beazley backs London market growth plans of specialist MGA Spring
Specialist managing general agent (MGA) Spring Partners has launched its private company commercial directors and officers (D&O) liability insurance offering, supported by new capacity from specialist insurer Beazley.
The new underwriting capacity and product launch are part of Spring’s ambitious and strategic London market growth plans, and will support the future expansion of the business and its capabilities.
Jeremy Miles, chief executive officer of Spring, said: “We are delighted to have secured our first commercial D&O binder with Beazley. We already have a very successful partnership together and this enables us to participate in an area of expertise for our underwriters and at a time when the need for quality capacity in this sector is much in demand.”
Catherina MacCabe (pictured), focus group leader for international management liability, at Beazley commented: “D&Os today are facing an ever changing liability risk landscape, and we are pleased to support Spring as they launch their private company D&O product offering.”
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