Arch Insurance International increases support for HIVE
Arch Insurance International increases support for Hive Aero
A year on from entering the Aviation Hull and Liability (All Risks) market and Hive Aero are delighted to announce increased support from Arch Insurance (UK) and Arch Insurance (EU) DAC for our underwriting of the class.
With effect from 1st October 2021, Hive Aero’s Aviation Hull and Liabilities lines will increase respectively to USD 15m and USD 100m.
Bruce Carman, Chief Underwriting Officer commented: “The increased capacity offered by Arch Insurance is a testament to the extremely high standards of underwriting, reporting and governance set here at Hive, with the core focus being profitability. I am delighted our relationship with Arch Insurance continues to flourish and with it Hive’s underwriters can now offer even greater support to the broking community and their clients.”
“Andrew Webster and Benjamin Davy deserve credit for building a first-class, All Risks portfolio at one of the most disruptive, challenging times in the Aviation market’s history. They have been ably assisted by the market-leading data analytics produced by our in-house analyst, Mark Shurville and together with the rest of the Hive team continue to produce exceptional results.
Lino Leoni, SVP, Chief Underwriting Officer, Arch Insurance International, commented: “Hive Aero have established a strong market presence through the quality of their underwriting team and customer focused approach. We are very happy to continue to strengthen our relationship with them as they further increase their relevance to brokers in the Aviation All Risks market.”
For further information, please contact:
Hive Aero Ltd.
Email: media@hiveaero.com
Website: www.hiveaero.com
Notes to editors:
Hive Aero Limited is an Appointed Representative of Integro Limited which is authorised and regulated by the Financial Conduct Authority FCA 305496. Hive Aero Limited is a limited liability company incorporated in England & Wales (Company number: 10965030)
Hive Aero Limited is a wholly owned subsidiary of Hive Underwriting Limited, a limited liability company incorporated in England & Wales (Company number: 10965097). Hive Underwriting Limited was established in November 2017.
About Arch Insurance International
Arch Insurance International is part of Arch Capital Group Ltd. and includes Arch Insurance UK and the P&C insurance operations of Arch Insurance (EU) dac, as well as Arch’s insurance operations in Europe, Bermuda and Australia.