Charting New Waters in Marine Cargo Milestone with Allianz

Rokstone is proud to announce a significant enhancement to our Marine Cargo offering with the unveiling of our new collaboration with Allianz Commercial for Marine Cargo.

Expanding Horizons

The new $10 million facility, aimed at writing Marine Cargo worldwide including European business, adds a new dimension to our marine cargo capabilities. The partnership with Allianz not only strengthens our global footprint but also underscores our commitment to providing high quality solutions and services to our clients and partners.

Phil Graham, Head of Marine at Allianz Commercial UK highlighted the importance of the collaboration in expanding marine specialty distribution. He said,

“We are pleased to extend our agreement with Rokstone to additional marine lines and territories. It demonstrates Allianz Commercial’s commitment to Specialty business and the strategic focus on Marine for our business.”

The new line is in addition to the existing capacity arrangements and separate from our existing inland marine facility negotiated earlier this year with Allianz for its North American Marine operations. He continued,

“Rokstone’s technology, expert underwriting and commitment to broker services will help us continue to expand the reach of our high quality products and solutions for our clients worldwide.”

An Ocean of Opportunity

Rob Birchard, Senior Cargo Underwriter at Rokstone, shed light on the transformative impact of this new facility. With the ability to write direct European business under full binding authority, he believes Rokstone is ready to broaden our geographical distribution like never before. He said,

“This new facility is for both direct and reinsurance and means we can write direct European business with full binding authority for the first time.

Rokstone’s track record has meant long term collaborations with our carriers. Rob said,

“Brokers know that they will get access to the best capacity and a fast service from Rokstone and now having a box at Lloyd’s means we are even more accessible.”

At Rokstone, broker service is at the heart of what we do. With this new facility, we are ready to offer unparalleled speed and efficiency in serving our brokers and clients. As we continue to push boundaries and set new standards in the marine cargo insurance sector, we invite brokers and partners to join us in our new, exciting chapter.