Specialist Lloyd's underwriter Marketform has transferred its international medical malpractice insurance business to Dale Underwriting Partners. The decision comes following a comprehensive review of the business line and Marketform will cease to write international medical malpractice insurance business, effective immediately.
Marketform will continue to manage existing international medical malpractice claims, as well as any new claims arising from policies currently underwritten by Marketform.
As part of the transaction, a team of four underwriting professionals, led by Andrew Hornsblow, has joined Dale Underwriting Partners. The decision was taken in conjunction with Marketform’s shareholder, American Financial Group, and is part of a broader strategic review of the group launched under new chief executive officer, Martin Reith.
“I would like to thank Andrew and his team for their commitment and contribution to Marketform over the years and for their patience in recent months,” said Reith. “We wish them all the best for a successful future with Dale Underwriting.”
Marketform, Lloyd's, Dale Underwriting, Medical Malpractice, London UK