OneAdvent brings specialist D&O underwriter on board as its Financial Lines business continues to grow
Following the launch of its specialist Financial Lines MGA in August 2019, OneAdvent has expanded its team – and expertise in the space – with the addition of a new D&O Class Underwriter.
Andrew Coleman joins the Financial Lines team to write commercial D&O insurance. He has been in the insurance market for over 30 years, creating a profitable portfolio through loyal broker channels. With experience working on the broker and underwriter side, for firms including Neon Underwriting, QBE, Navigators and Antares, he brings critical client insight to OneAdvent’s growing Financial Lines team.
Speaking on his decision to join OneAdvent, Andrew commented: “This was an opportunity I couldn’t pass up. Launching a D&O offering for a growing MGA with A+ rated capacity in a hardening market is a challenge I can’t wait to embrace. I look forward to taking our specialist D&O product out into the market and leveraging my strong relationships with brokers in this class.”
The addition of Andrew to the team follows the decision of OneAdvent’s A+ rated capacity providers to renew their support for its Financial Lines MGA. Roberto Murru, Head of Financial Lines, commented: “It’s been a difficult year for Financial Lines MGAs, so for our capacity providers to not only renew their support, but also support us in developing another line of business, is a huge endorsement of our work in this space.”
While many in the market are struggling, OneAdvent’s continued investment in its Financial Lines business – and the ongoing commitment from its capacity providers – are testament to the strength of this ambitious MGA.
Focused on getting innovative insurance businesses to market – and fast – OneAdvent provides a springboard for growth across the industry. Operating as an MGA platform, Lloyds broker and niche product distribution business, OneAdvent brings its sector expertise and technical know-how to bear for established industry players and entrepreneurial start-ups around the world.
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