London and European has unveiled Hannover Re subsidiary Inter Hannover as its exclusive provider of title insurance
Following an MBO of London and European earlier in the year, CEO, Christopher Taylor has looked to the market for a new partner to underwrite its title insurance business and has signed afour-year rolling contract with Inter Hannover. Under the terms of the agreement London & European has been granted a comprehensive delegated authority
Hannover Re is the fifth largest reinsurance group in the world. Its wholly owned subsidiary, Inter Hannover is registered in the UK and specialises in writing primary insurance business via MGAs
Nick Parr, managing director of Inter Hannover, said: “This agreement adds another rich seam of specialist business to our portfolio. Our strategy is always to look for lines of business outside the mainstream where we feel there is a market opportunity