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(Re)insurance MGA Rokstone acquired a second box 398a at Lloyd’s

(Re)insurance MGA Rokstone acquired a second box 398a at Lloyd’s

International specialty (re)insurance MGA Rokstone, part of the Aventum Group, has acquired a second box at Lloyd’s, six months after securing its first.

The new space, Box 398a, sits just steps away from our original Box 398, but the symbolism stretches far beyond proximity. “We continue to go to places other MGAs simply can’t reach,” says Ian Anson, Rokstone Managing Director, with a quiet confidence that suggests he is not one to shy away from bold decisions.

Taking another box underpins just how fast we are growing, but more importantly, it stands as a testament to our confidence in the London and Lloyd’s market and our commitment to delivering exceptional value

For brokers, this expansion offers something tangible: accessibility. Lloyd’s, known globally as the beating heart of the insurance world, thrives on face-to-face interaction. “Our expansion reflects a modern yet traditional ethos – an understanding that personal connections still matter, even in the digital age”.

The opening will expand Rokstone’s portfolio of lines to include financial lines and casualty. The two boxes will be operated by underwriting teams from across its core offerings, including directors and officers, PI, surety and credit, property, marine, aviation, contingency, construction and energy.

The second box increases Rokstone’s market presence and responds to growing demand since the first box’s launch. It also enables brokers to engage directly with top underwriting talent in the London market and explore new opportunities.

(Re)insurance MGA Rokstone acquired a second box 398a at Lloyd’s

Ian Anson, MD of Rokstone, noted the firm’s ambitions, stating, “We’ve got some of the best talent in the market and we want to make them as accessible as possible.

Taking another box underpins just how fast we are growing, but more importantly, it stands as a testament to our confidence in the London & Lloyd’s market and commitment to delivering exceptional value.

Ian Anson, MD of Rokstone

“We have ambitious plans to continue growing our presence in the market and the support from Lloyd’s syndicates; bringing additional lines, capacity, and inspiring opportunities to brokers and carrier partners”, Ian Anson says.

Ian continued, “The market is an interesting place and the demand for our services is higher than ever. Expanding our presence allows us to better serve brokers, offer more capacity and respond to the evolving needs of the market.”

This is no mere expansion for expansion’s sake. The second box brings with it a broader portfolio, incorporating Financial lines and Casualty alongside Rokstone’s established specialities including, D&O insurance, Surety and Credit, Property, Marine, Aviation, Contingency, Construction and Energy. It’s an offering as diverse as it is ambitious, with underwriting teams poised to make a significant impact across these lines.

The London Market has always been about adapting to change and here at Rokstone, we are seizing this moment to redefine what’s possible. Ian describes the second box as a move towards operational excellence, “In practical terms, it allows us to handle a higher volume of business with improved efficiency. The benefits are clear – enhanced client service, greater market reach and the ability to serve brokers more effectively.”

For brokers and carrier partners alike, this development opens new doors. With additional lines and capacity at their fingertips, the opportunities to collaborate with Rokstone have never been greater.

Diversifying our portfolio is essential. It’s about meeting the market where it’s headed, not just where it stands today

Rokstone, part of the Aventum Group, has offices in the United Kingdom, Europe, United States, Asia, Africa and the Middle East. It is a specialist MGA serving the needs of international (re)insurance brokers in the specialty lines business and currently underwrites more than $1.1 bn in gross written premiums in several specialty lines.

Rokstone Parametric, a segment of the MGA, has launched a $10 mn worldwide facility to cover earthquake, hurricane, tropical cyclone, and typhoon risks, with additional perils planned for 2025. The unit targets $25 mn in gross written premiums in 2024 and $50 mn in 2025.