Rokstone has announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management.

Including both the US and international business, the agreement will enable Rokstone to offer a wider range of products and services to its clients, whilst also enabling Accredited to expand its portfolio and diversify its risk profile.

James Potter, CEO, Rokston, said: “We’re delighted to announce this latest carrier partnership with Accredited. The deal gives us additional security and our broker partners a seamless execution for each programme. We maintain enviable relationships with a broad panel of leading carriers including Allianz and Munich Re, amongst others, which has allowed us to develop a diverse portfolio of non-correlating business.

“Independent, unhindered by debt, with a consistent market beating performance, we’ve seen incredible growth in recent years, whilst maintaining top quartile loss ratios. Securing additional capacity like this gives us the headroom and certainty we need to expand further into new lines and target territories.”

William Spiegel, CEO, Accredited, added: “We are pleased to be able to announce our first major partnership as an independent platform, in line with our strategy to work with best-in-class MGAs who we can support through our global scale and strong balance sheet. Rokstone has shown impressive growth, underpinned by sophisticated underwriting and we look forward to helping them continue to build their offering and reach.”

Rokstone is one of the world’s largest MGAs, with offices in the UK, Europe, the US, Asia, Africa and the Middle East. It currently underwrites over US$1bn GWP in several specialty lines including property, power generation, marine, aviation, warranty, credit and surety treaty, agriculture, construction and engineering, A&H and liability.

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