Direct Insurance Group Plc targets growth in the facultative property reinsurance sector

Direct Insurance Group plc (DIG), has appointed James Potter to spearhead its new Underwriting vehicle, Rokstone Underwriting.

Rokstone Underwriting is a specialist MGA, serving the needs of international (re)insurance brokers, in speciality lines of business. This development will enable Rokstone to offer many classes of business but in particular Property Reinsurance, for a wide range of occupancies from single locations through to multinational programmes, consistent with its overall strategic growth ambitions.

Rokstone’s specialist Property team will operate from its London Headquarters and are able to write general property and onshore energy business on a primary, quota-share and excess of loss basis.

Potter, joins Rokstone with more than 20 years of industry experience, most recently as Head of DIG’s Lloyds cover holder business. Potter is also joined by former Lloyds Underwriter, Paul Hallinan, previously, Class Underwriter at Talbot Syndicate.

David Bearman, CEO of Direct Insurance Group, said: “This is an extremely exciting venture. We have built a team of specialist underwriters, with the highest levels of underwriting authority who are able to make decisions quickly.”

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