Burbank, CA (PRWEB) June 11, 2010
InsureShip today announced that its wholly owned subsidiary, InsureShip, Ltd, is continuing its strategy to expand the distribution of its current shipping insurance products to the United Kingdom by launching and underwriting an operation in London, England.
The office, under the leadership of Warren Bright, Managing Director of InsureShip, will initially focus on cargo and marine professional liability. The target market is shipping insurance liability solutions for privately held firms and public corporations in the United Kingdom.
"The United Kingdom is among the most innovative economies in the world," says Warren Bright, Managing Director of InsureShip. "London is ranked globally amongst the best business environments for directors and officers to operate a corporation, thus our initial focus will be on management and professional liability insurance. We believe having a local presence in London is a strategic opportunity to extend our reach in the United Kingdom and provide quality insurance solutions in line with InsureShip’s specialty niche focus. The opening of this office extends InsureShip’s global reach and commitment to the United Kindom."
InsureShip is underwritten by Navigators Insurance Company and Navigators Specialty Insurance Company which are both rated 'A' (Excellent) by A.M. Best, and 'A' (Strong) by Standard & Poor's, as well as Navigators Syndicate 1221 at Lloyd's of London.
An international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's of London. Recognized as one of the largest ocean marine insurers in the world and underwrites many other specialty insurance products which include directors and officers liability, professional liability, primary casualty, excess casualty, engineering, energy, property and inland marine Insurance Services.
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