Marketform to Exit General Liability

 

Specialist Lloyd's of London underwriter Marketform announces that it will cease to write General Liability business.

The decision comes as a strategic review of Marketform’s General Liability account, which no longer fits with the Group’s long term strategy.

However, Marketform is committed to continuing to operate a full claims service and will retain two dedicated underwriting professionals, with both a box and office presence, in order to service commitments to existing clients. This will be administered under the leadership of Ian West, Marketform’s most experienced casualty underwriter.

Martin Reith, Chief Executive Officer, Marketform Managing Agency Limited, commented:

“We did not take the decision to exit General Liability lightly, however, as part of the ongoing strategic review of the business, we concluded that this line no longer fits our longer term plan for Marketform. Importantly, we will maintain our commitment and service excellence to clients with existing policies while more broadly we are excited about the opportunities for growth we see across other lines.”

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