Costero Brokers has formed a managing general agent arm called Elysium Insure.
According to the multi-class Lloyd’s brokerage, its new MGA programme will provide coverage aimed at protecting healthcare entities and medical practitioners from claims for negligence that may result in third-party injury.
Senior underwriter Phillip Murphy, who came onboard in May, is in charge of the international medical professional and clinical trials liability portfolio.
“We are thrilled to add Phil Murphy to the Costero and Elysium teams,” commented Costero Brokers chief executive John Tallarida when the medical malpractice insurance proposition was announced. “Phil will be an integral part of building out our MGA capabilities in London with Elysium Insure.”
Murphy brings more than two decades of global healthcare expertise and nearly 35 years of London insurance market experience to the agency.
