CLS Risk inks multi-year capacity deal with ERGO UK

CLS Risk Solutions, a provider of property and renewables development risk cover, has signed a new multi-year capacity deal with ERGO UK.

ERGO UK, a subsidiary of German insurance company ERGO, has been CLS RS’ primary capacity partner for the last ten years.

Rob Best, CLS RS managing director, said: “I’m proud that ERGO UK has given CLS RS a vote of confidence in our business and growth trajectory with the renewal of its capacity support. The extension of the successful 10-year partnership between CLS and ERGO UK with the signing of our multi year agreement is testament to the strength of our business model and the demand for our bespoke product in the market.”

ERGO UK commented: “ERGO Insurance is committed to the MGA market and is a credible, consistent risk carrier providing continuous relationships with MGA partners, such as CLSRS.”