Rokstone Property Secures New Binding Authority Agreement with Aviva
Rokstone is delighted to announce a new three-year binding authority agreement with Aviva, one of the world’s largest leading insurance providers. The landmark deal enables Rokstone to write global Property Direct and Facultative business, up to $2 million per risk.
Anticipated to generate over $200 million in Gross Written Premium over the duration of the agreement, the partnership represents a significant milestone for Rokstone, further solidifying our reputation as a leader in the global property insurance market.
James Potter, CEO of Rokstone, expressed his excitement about the partnership, defining the new facility as “a ringing endorsement of our Property team.” With delegated authority from some leading A-rated markets, including Allianz and Munich Re, James said,
“We continue to enjoy an enviable record of long-term partnerships with our capacity partners, giving clients long-term security and certainty.”
James Potter, Rokstone CEO
Expanding Rokstone’s Capacity
This announcement comes just a few weeks after the introduction of a multi-year $5 million delegated authority facility for D&F Property with Allianz Commercial, as well as the addition of Ludo Araujo, a key Senior Underwriter, to our growing Specialty Underwriting team.
Spencer Pimley, Global DUA Manager at Aviva Global, Corporate & Specialty (GCS), commented on the deal with Rokstone. He said, “Rokstone presents a strong and balanced Property D&F portfolio that will complement us as we continue to build and strengthen our global property DUA portfolio.”
A Natural Next Step
This new partnership marks Aviva’s first major capacity deal with Rokstone. As we continue to expand our footprint in the Global Property D&F space, this partnership with Aviva reinforces our position as a trusted market leader committed to delivering exceptional service, innovative solutions and sustained growth for our clients and capacity partners alike.
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