Portsoken, the fast growing new independent MGA and insurance broker specialising in the recruitment and property professionals sector, has announced it has entered into an MGA agreement with QBE Insurance (Europe) Limited (QBE).
Under the MGA, Portsoken has been delegated underwriting authority to bind Professional Indemnity, D&O, Cyber Liability, Employers’ Liability, Public Liability and Drivers’ Negligence risks for the recruitment and property professionals sector.
Founded in 2013, Portsoken works closely with the recruitment industry and provides a complete suite of specialist insurance covers for this sector, including professional indemnity and employers’ and public liability.
Robin Kirkland, Portsoken’s Chairman, commented: “We are delighted that QBE has chosen to work with us and has recognised our specialist knowledge of the recruitment sector. For our clients it means first class security from one of the UK’s leading business insurers. We are looking forward to growing our mutual business and to building our relationship with them.”
Grant Clemence, Head of Professional & Financial lines at QBE added: “The team at Portsoken has a first class reputation built on its significant expertise and knowledge of the recruitment market. Our agreement with them provides us with the opportunity to deliver a true cross-class offering to businesses operating in the recruitment sector where we are looking to build our involvement."