News January 2017

January 05, 2017

ICAT Syndicate 4242 Partners with Neon to Underwrite Large U.S. Property Accounts

Broomfield, CO and Hamilton, Bermuda: ICAT Syndicate 4242 at Lloyd’s, a leading U.S. catastrophe-exposed property underwriter, and Neon, a specialist Lloyd’s underwriter, have partnered in a reciprocal capacity arrangement to bring additional per risk capacity to the Bermuda Property D&F market. This strategic partnership leverages the highly specialized and disciplined underwriting talent of both insurers and allows both underwriters to share a portion of one another’s portfolios. This arrangement now...

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