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PRZOOM - /newswire/ -
London, United Kingdom, 2014/04/04 - The firm has just announced its entry to a new marketplace by providing underwriting capacity to the managing general agent - CGICE.com.
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“This is a natural progression in the evolution of CGICE,” says Danny Gibson, CEO of CGICE. “After ten years of successful trading we’ve decided to expand the classes of business we write. The capacity we’re providing is on an exclusive basis, just for this MGA. We feel that motor and Hawkwell are very well suited to our firm’s ambitions. CGICE’s motor programme has been solidly backed by A rated re-insurers. We’re looking forward to supporting Hawkwell’s growth and success.
“When margins are tight, and competition fierce, innovation is essential. While we’re entering a new market we’re continuing to develop our existing offering. Looking forward, later in the year, we will be adding an extensive range of new casualty products aimed at our broker network. These products are being developed to give our brokers maximum benefit from additional revenue streams,” Gibson concludes.
The directors and staff at Hawkwell are all motor market specialists with considerable expertise. Hawkwell specialises in private car, commercial vehicle and taxi insurance. It runs on modern insurance systems and offers a 24/7, 365 days a year claims service.
Insurance Company (Europe) Limited (CGICE.com) is a private insurance company founded in Gibraltar and trading through a UK authorised branch in the City of London. It is financially stable and has grown profitability, year on year, since it was founded in 2003. It is the ‘go to’ and trusted insurer of choice in its chosen markets.
Danny Gibson comes from a solid and successful background gained in the Lloyd’s and London market. Before founding CGICE in 2003 he specialised in UK and general liability underwriting for various Lloyd’s syndicates.
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