Rokstone Expands Horizons with D&O

Rokstone is making a bold move to solidify our position in the financial lines market. Following the launch of our new PI binder, we now plan on expanding our footprint into Directors and Officers (D&O) insurance.

Diversifying the Portfolio

The move aims to capture the underserved and complex SME and Mid-Market D&O risks across the UK and EEA. Back in June 2023, we welcomed Jimmy Heaton to the team as Head of D&O.

 The time of his appointment came shortly after the launch of the new PI binder and the series of events formed the foundation of a broader strategy to build and diversify Rokstone’s Specialty (Re)insurance portfolio.

 Bridging the Gap

Ian Anson, Managing Director of Rokstone, expressed enthusiasm about Jimmy’s decision to join the business and lead the D&O team. Anson emphasised that the UK and EEA markets have a gap in servicing Complex SME and Mid-Market D&O risks, falling between the automated products and large corporate placements.

 Rokstone aims to fill this void, positioning itself as a reliable and consistent underwriting partner for brokers dealing with these intricate but profitable D&O risks.

We Love a Challenge

For Rokstone, venturing into challenging and niche specialty lines is, according to Anson, our “sweet spot”. We pride ourselves on excelling in such areas and have a proven track record of success.

 With this move, Rokstone can demonstrate not only our commitment to the financial lines sector but also highlight our determination to be a go-to choice for brokers handling the complexities of D&O risks.

 A Promising Future

Jimmy Heaton brings with him more than a decade of D&O underwriting experience. Having started his career at AXA and then moving to WRB before joining Nexus Underwriting in 2019, Jimmy was once hailed as a rising star in the industry. With his focused and driven approach, along with his track record of establishing and sustaining profitable D&O portfolios, he is a valuable addition to the Rokstone team.

 Rokstone’s move to launch Directors and Officers insurance is a testament to our commitment to growth and innovation in the financial lines sector. By addressing the underserved market for Complex SME and Mid-Market D&O risks, Rokstone can provide reliable solutions and with Jimmy Heaton at the helm, the future looks promising.

Want to find out more? Speak to our D&O expert.