Neema partners with SOPAC on African and Asian risks
African specialist underwriting agency Neema Insurance Managing Agency has partnered with the Southern Pacific Insurance Corporation (SOPAC), which has given it exclusivity to take business on its behalf in African and Asian territories.
SOPAC has achieved 100% year-on-year increases in net written premium for the past four consecutive years and has been accepted as an approved reinsurance security by numerous African insurance companies.
Sharon Ng, Principal Officer of Neema, said: “Being a growing and ambitious company, we strive to be a leading underwriting management agency. This partnership will allow us to increase Africa’s reinsurance capacity while at the same time expand our geographical footprint.”
Rob Harrison, director of underwriting at SOPAC, added: “Partnering with Neema provides our clients with tremendously improved underwriting service in the form of rapid response to underwriting inquiries and elimination of time differences for ease of direct communication. We feel very strongly that these enhancements will allow for SOPAC and its brokers to take advantage of more underwriting opportunities in Africa and Asia and better support these markets. "
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