Rokstone launches new offering for the US market

Rokstone Construction Risk Underwriters (Rokstone CRU), part of  Rokstone, the Aventum Group’s international re/insurance MGA, has launched a new offering for the US market.

The new owners’ interest insurance programme in the US promises to offer brokers and their clients with vital coverage in an area with very limited capacity.

Rokstone CRU specialises in casualty and builders’ risk insurance for large complex construction projects. The MGU has secured capacity on a non-admitted basis nationwide with Sutton Specialty Insurance Company.

The specialist MGA serves re/insurance brokers in specialty lines business, operating from offices in the UK, Europe, USA, Asia, Africa, and the Middle East. Rokstone currently underwrites $750 million GWP in several specialty lines including marine, aviation, terrorism & political violence, direct & facultative property, treaty property, construction & engineering and liability.

Mike Simone (pictured), president of Rokstone CRU, said: “We are wholly focussed on leveraging our knowledge and expertise to find solutions and deploy programs for large complex projects in response to strong broker and client demand. We are excited about our new partnership with Sutton Speciality Insurance and are pleased to have secured this valuable product for our clients. Rokstone is a construction centric MGU that continues to outperform the market thanks to its expertise, service, and disciplined underwriting.”

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