Specialist schemes and Lloyd’s broker Direct Insurance London Market (DILM), has reached the milestone of hitting £150m gross written premium income.
A number of factors have contributed to the success of the team and strengthening partnerships with brokers has been key. Back in 2017 DILM expanded its regional footprint by opening a new office in the Cheshire area. This afforded brokers in the North and Scotland improved access to the Lloyd’s and London market.
The global opportunity has seen significant expansion across all four corners of the globe with business written in Australia, South America and the Far East. An office has just been opened in Miami and DILM’s specialist division Rokstone Underwriting has just invested in a U.S team which plans to achieve £500m GWP over the next 5 years.
The team at DILM are also renowned for successfully negotiating some of the UK’s leading niche schemes for industries that have traditionally been more difficult to place. This includes the latest addition to its portfolio, an exclusive Commercial Combined facility. Our specialist underwriting team recently launched ‘DILM Commercial Combined’, a comprehensive combined package designed to meet the requirements of businesses where traditional composite markets have limited appetite. The exclusive facility delivers market leading cover for over 300 different trades, including but not limited to: manufacturing, breweries, metalworkers & retail.
David Bearman, Chief Executive Officer commented:
“Our committed team provide an award winning service and have worked hard to successfully build effective relationships with brokers across the UK. Our broker partners continue to be very supportive and we’d like to thank them for their support.”