Rokstone Underwriting (‘Rokstone’), the specialist Property and Casualty MGA and part of Direct Insurance Group Plc hires Peter Mousley to spearhead the launch of its Property Treaty Division, Rokstone Re-Treaty backed by A-Rated capacity.
With $10m capacity, the team will cover a wide diversity of international exposures, including US, Canada, UK, Europe, Japan and the Caribbean and can tailor this to meet the specific needs of its cedants.
Focus is primarily on traditional catastrophe reinsurance treaties to include;
– Catastrophe excess of loss
– Pro rata
– Risk excess of loss
– Industry loss warranty
Rokstone Re-Treaty will operate from its City of London Headquarters. To support the recent expansion, Peter Mousley, has been appointed Head of Property Treaty. Mousley has over 30 years’ underwriting experience in the London Market, most recently as Senior Property Treaty Underwriter at CNA Hardy.
Mousley, said: “I am delighted to be joining a business with a clear focus on providing a sustainable return for capital providers. We aim to deliver the highest quality service for our customers, both brokers and original clients. Our aim is to deploy our A- A M Best rated capital in a swift but considered way.”
Chief Executive Officer of Rokstone Underwriting David Bearman said: “Rokstone Underwriting already represents a key element in the growth strategy of the Group and I am delighted to appoint Peter Mousley as Head of Property Treaty to develop the next phase of our success. This is an exciting time and I look forward to working with Peter whose experience complements our existing expertise.”
Head of Property Treaty