Quadrant Insurance Managers and Verve Risk Services Ltd Announce Exclusive Relationship
May 01 2024 - 9:17AM
Business Wire
Exclusive Regional Insurance Company ML & PL
Partnership
Quadrant and Verve are pleased to announce their latest step in
advancing a partnership that began over 20 years ago from an
underwriting relationship.
Quadrant will be the exclusive regional partner for Verve
specifically for risks domiciled in NC, MT, TN, & VT by
offering insurance company management and professional liability
(D&O, EPL, Fiduciary, & PL) for insurance companies,
captives, RRGs, and other risk takers. This joint endeavor named,
“SCIP” Select Captives and Insurers Program, will be written on
Quadrant’s exclusive ACPRO policy form.
Quadrant’s CEO, Mark Harris said: “For over two decades we have
worked in the insurance practice space as a program administrator
and wholesaler and now as regional partner. Whatever our role, we
understand the importance of balancing the needs of both the
insureds and our company partners in both hard and soft
markets.”
Scott Simmons, Director and co-founder at Verve, concurred, “We
share a similar underwriting philosophy of controlled growth
through selective, thorough underwriting, and superior claims
handling. We know the team at Quadrant well and are excited to take
this next step in working together.”
Jillian Harris, Quadrant President, added, “Quadrant and Verve
have developed a longstanding successful relationship that has
continued to evolve. Timing is everything; and this is the right
partnership at the right time.”
Quadrant Insurance Managers
Quadrant is an independent MGA, Program Administrator, and
Wholesaler for commercial insurance products nationwide. Products
include Professional Liability, Management Liability, Cyber
Liability, and difficult to place risks. For over 20 years Quadrant
has specialized in professional liability for insurance companies,
captives, RRGs, other risk takers (ACPRO) and insurance retailers,
wholesalers, MGAs, reinsurance intermediaries (ABPRO) and more.
www.quadrant-us.com
Verve Risk Services Ltd
Verve brings a fresh, energised approach to underwriting.
Established in 2016, and recognised as a market leader in London,
Verve stands out as an independent owner-operated MGA – with
exceptional service and expert knowledge at heart. Verve’s
innovative range of products are tailored to fit your needs and
exposures, underpinned by our deep subject matter expertise. With
50+ years of specialist experience between them, Verve’s directors
have witnessed plenty of change in the insurance industry. Our
underwriters have provided specialist products and solutions to the
insurance industry clients for over 20 years.
https://ververisk.com/
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version on businesswire.com: https://www.businesswire.com/news/home/20240501913759/en/
Karen Harris 614-841-1425 or kharris@quadrant-us.com