Brit Insurance Holdings PLC, a London-based property and casualty insurer and reinsurer, has established a new managing general agent, Brit Insurance Services (USA) Inc., based in Chicago. This new underwriting unit will begin business after Lloyd's and U.S. regulatory approval
The unit will be a channel to service business locally on behalf of Lloyd's Syndicate 2987, managed by Brit Syndicates Limited. Brit Insurance Services (USA) Inc will be headed by Nicholas Davies, formerly of Brit Insurance. Davies will be joined by Andrew Murnieks, currently in Brit Insurance's Global Markets team.
The operation was conceived in conjunction with A J Gallagher (UK) with the purpose of broking and underwriting public entity and religious package business at source.
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