Rosser Underwriting : Everything you need to know

Rosser Underwriting: Everything you need to know
Founded: 1996
Types of services: Underwriting agency
Offices: Auckland, Hamilton, Palmerston North, Christchurch
Employees: 25+

Rosser Underwriting is an underwriting agency founded in 1996, and primarily supports non-corporate brokers operating in the New Zealand market. It offers a number of policies tailored to SMEs and not-for-profit organisations, including property insurance and a broad range of liability cover.

Rosser began life in Hamilton where its head office remains today, and its administration and processing centre is currently located in Waipukurau in Central Hawke’s Bay. Its team of underwriters provides Rosser branded insurance products to small businesses, all of which are tailored to contain a wide level of coverage, low excesses and good benefits.

Rosser’s product suite is underwritten by a number of global insurance industry players: Chubb, Ironshore Europe, Ironshore Bermuda and a number of underwriters at Lloyd’s.  This capacity allows Rosser to source cover across a wide range of occupations and sectors, with limits of up to $15 million for any risks. Higher limits and non-standard risks are also considered.

Rosser Underwriting in the news
1996: Rosser is founded as the newest niche underwriting company in New Zealand
2014: Founder Murray Rosser is nominated for a board position at the Underwriting Agencies Council (UAC)
2015: Rosser appoints former FMG regional manager Andrew McFetridge as managing director
2016: A three-week long SSP outage costs Rosser Underwriting $40,000 in lost staff time with the company considering seeking compensation

Key people as of 2019
Andrew McFetridge – Managing Director
McFetridge joined Rosser Underwriting in 2014, and was appointed managing director in 2015. He currently oversees the company’s operations and performance from his Hamilton base. McFetridge has over 20 years’ experience in the insurance sector and previously worked as underwriting manager at rural insurer FMG, southern liability manager for ACE (now Chubb), and also spent a number of years working in London. He is a Fellow member of ANZIIF and has a business degree in economics and finance from Waikato University.

Murray Rosser – Offshore Placements Director
Rosser is the founder of Rosser Underwriting, and has spent 30 years as a broker and underwriter, working across various roles. He stepped back from his full-time role as managing director in 2015, having handed the position to newcomer Andrew McFetridge. He now holds responsibility for growing the company’s SurePac Business-UK facility with Lloyd’s, and for its direct London Market placements.

Sandy Macdonald – Senior Underwriter & Broker Relationship Support Team Leader
Macdonald joined Rosser in 2005, where her primary role was looking after the Association Liability portfolio with company founder Murray Rosser. She is now head of the broker relationship support team, where she utilises her 30 years of insurance industry experience to interact with Rosser’s broker network.

Alex Plank – Underwriting Manager
Plant joined Rosser in June 2018 after 15 years of insurance industry experience, and previously worked at NZI in various roles. He spent six years in the broker claims department before moving to the commercial sales branch, and most recently worked as a business development manager.

Rosser Underwriting supports the broking sector by sponsoring a range of annual conferences, and regularly has its executive and relationship manager team attend professional development days held by broker groups.

One of its supporting brokers – Scott Harvey of Abbott Insurance Brokers – is also working on a project to raise funds and awareness for the Child Cancer Foundation, a charity providing support to families impacted by child cancer.

Rosser Underwriting : In the news