Brussels: 8 January 2024 - European boutique Managing General Agent (MGA), Alta Signa Europe B.V. (“Alta Signa”), is pleased to announce today an enhanced underwriting structure for its multiple business lines including the creation of a number of new pan-European Technical Heads of Underwriting roles.
Alta Signa currently writes management liability, financial institutions, professional indemnity, cyber risk, financial crime and marine insurance across seven markets in Europe with a strong focus on regional expertise and a presence on the ground in local markets.
The new underwriting structure builds on this strong framework by combining local knowledge in markets across Europe together with the expertise of the Technical Heads of Underwriting positions which will be responsible for managing relationships, including stamp capacity, with the company’s risk carriers; setting a robust risk framework for all lines of business; monitoring the application of a consistent set of risk selection criteria; and new product development.
Alta Signa is pleased to announce the following appointments which become effective immediately:
Gerard Van Loon, Chief Executive Officer, commented: “One of our key differentiators as a business is having a presence on the ground in local markets whereby we are able to combine local knowledge and expertise in markets across Europe with local language skills which creates a unique value proposition for the international (re)insurers that we work with.
Today’s announcement enhances that value proposition yet further by having a dedicated pan-European underwriting team that will have the mission to support our existing branch management organisation for all relevant technical underwriting matters. This includes creating the optimal risk framework within which branch managers, together with their local underwriting teams, will continue to be empowered to build and develop local broker relationships, underwrite freely and continue with local business development.
I am delighted to be able to announce these promotions which are testament to the strength in depth and talent that we have across our business.”