SPECIALIST UNDERWRITING AGENCIES (SUA)
It was signiﬁ cant news for the industry last year when AXIS Specialty Australia(ASA) was placed into run-off . In November, it was announced that ASA had made an arrangement for SUA to facilitate renewal terms for ASA policyholders, which would be offered in professional indemnity, directors’ and offi cers’ liability, multimedia liability and information technology liability. John Iles told Insurance Business the deal represents “a very exciting opportunity” for SUA. Iles has been director of SUA for 16 years and is a former UAC chairman. SUA focuses entirely on the Australian broker market and says it prides itself on proactively responding to the industry’s ever-changing demands. Brokers and their clients can look forward to Iles and his SUA team working to ensure the ASA client base is looked after, at least, to the standard to which they’d previously become accustomed.