Superian Insurance Group has launched Podium Underwriting, expanding the group’s reach into Asia and the Middle East as part of a broader plan to develop its specialty reinsurance footprint.

Podium will focus on reinsurance across terrorism, property, energy, power plants, renewable energy, marine cargo, casualty and medical malpractice. The unit is positioned to support regional markets seeking Lloyd’s and London Market capacity.

Superian said the move aligns with its plan to build a network of niche underwriting and broking businesses operating on a shared platform. The timing of Podium’s launch also aligns with broader market forces shaping the MENA reinsurance landscape.

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AM Best recently reported that reinsurers in the region continue to face inflation, geopolitical uncertainty and increased catastrophe activity, yet the market remains attractive to new capital. These conditions have led to sustained demand for specialty capacity, particularly in lines such as energy, property and infrastructure.

Read more: MENA reinsurance faces inflation, volatility amid market expansion

Noah Jamal (pictured above, left), founder and CEO of Superian, said the launch marks a milestone in the group’s strategy to grow internationally. He said the expansion into Asia, MENA and Australasia gives the firm “a gateway to deliver specialist reinsurance expertise and strengthen our footprint across these high-growth markets.”

Jeremy Austen (pictured above, right), who has more than 40 years of market experience, will serve as co-founder and chief underwriting officer. He said the timing offers “significant opportunity and capacity available in the Lloyd’s and London Market,” adding that building the venture within Superian “makes the venture more thrilling.”

AM Best also noted that one of the region’s key hubs, the UAE, could see insurance-sector growth of up to 20% in 2025 following a 21% rise in revenue the year before. That projected expansion highlights the scale of opportunity for reinsurers looking to build a presence in markets diversifying beyond traditional lines.

Podium joins Superian’s group of specialist entities, which includes Servca, Servca Europe, Medicas, Synergio, Scious Underwriting, Stratify and London Market Processing.

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