Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced the launch of a new contingency portfolio with backing from “A”-rated carriers. Rokstone is launching the contingency account initially in the UK and Europe with plans to expand in other regions including North America in 2024. It expects to grow the niche portfolio to over £30 million gross written premium (GWP) in three years. “We’re seeing a boom time in contingency, there’s higher demand for the product than in pre-COVID times. Despite inflation and the cost-of-living crisis, consumer spending on ticketed events and entertainment hasn’t reduced. But it remains a volatile area of the m
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