PIB Group boosts underwriting operations with new team

“We are keen to add a personal touch”

PIB Group boosts underwriting operations with new team

Property

By Terry Gangcuangco

It looks like PIB Group is busy making sure everything is in its right place at the rapidly growing enterprise.

Hot on the heels of the creation of Q Underwriting Services Ltd – the consolidated form of managing general agents aQmen Underwriting Services, TFP Schemes, and Thistle Underwriting Services – is the introduction of Q Property Underwriting Services.

The new specialist commercial team have been developing its proposition since the start of 2019. Designed to provide a technical and personal approach to underwriting commercial combined, non-standard or complex commercial property risks, business interruption, and packages, the team was set up in response to brokers’ feedback.

Establishing the unit is seen as a move away from barriers that prevent brokers from engaging easily with those in charge of making underwriting decisions.

“Q Property further strengthens our bespoke, underwriter-led offering for brokers, alongside high-risk liability in Thistle Underwriting and commercial fleet in TFP Schemes,” said Q Underwriting chief executive Bernard Mageean, who described Q Property leader Damian Cannings as an expert.

According to Mageean, the team’s work has been well received by brokers.

“We are underwriters first – we look at every risk and do more than simply employ tools and computer programmes,” commented Cannings.

“In a marketplace where clients do not always receive the service and support that they deserve, we are keen to add a personal touch and look for opportunities to write business, enabling brokers to win and retain commercial clients.”

 

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!