Agile establishes presence in New Zealand

Australian insurance group Agile Underwriting Services has established a presence in New Zealand. It said Agile Insurance Group NZ was the first of its kind for a Lloyd’s syndicate. Agile said the move enhances its capability to service New Zealand business in its general aviation, accident and health, casualty and professional lines.

Earlier this year, Agile launched its own Lloyd’s syndicate – Agile Underwriting Services Syndicate AUS 2427, established under the ‘syndicate-in-a-box’ framework and managed by Asta.

Robin Barham, CEO of Agile, said: “The establishment of our presence in New Zealand is a significant advance in the development of Agile’s capability and market offering. The strength of our Pacific presence, combined with our innovative IT platforms, demonstrate a continuation of our drive to expand our offerings and support our New Zealand customers.”

According to Agile, the establishment of a New Zealand entity “solidifies Agile’s position at the forefront of Lloyd’s business in the Pacific region and paves the way for other geographic expansion”.

Mark Hunt, the syndicate’s active underwriter, said: “We see the New Zealand market as a critical element in our development, and this ground-breaking initiative offers brokers new capacity options and access to Agile’s adaptive solutions that reflect the region’s unique demands.”