Rokstone Secures New Property D&F Binder with Somers Syndicates
Our Property Direct and Facultative (D&F) portfolio is expanding with an exciting new binder. Backed by Lloyd’s Somers Syndicates 3705 and 5423, this agreement provides Rokstone with capacity for International Facultative Property, Power and Onshore Energy Reinsurance.
Henry Hogarth, Senior Property D&F Underwriter at Rokstone, said,
“We are thrilled to partner with Somers as we continue to grow and diversify our portfolio. At a time of increasing demand for specialised reinsurance solutions across these lines globally, this deal strengthens our ability to offer clients comprehensive, world-class coverage.”
Expanding Our Portfolio
As a Lloyd’s of London syndicate, this partnership with Somers highlights our ability to collaborate with leading carriers and further enhances our panel of A-rated markets, which includes Munich Re, Allianz, Arch Re Bermuda and Aviva.
“This agreement expands our offerings and reinforces our position as a key player in the global reinsurance sector,” adds Henry.
The Rokstone Commitment to Innovation
With this latest addition, the Rokstone Property D&F team now underwrites more than $300 million GWP in worldwide business, cementing our role as a lead market.
The new capacity allows us to further tailor reinsurance solutions to the evolving needs of our clients, ensuring agility, adaptability and excellence in the changing market as we remain committed to driving innovation and building partnerships that create lasting value.
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