LONDON: 30th September 2024 – Ventis, the commercial and residential real estate MGA, has expanded into Ireland, continuing its mission to deliver quality client service and capacity to brokers in the underserved middle of the property market.
Ventis’ capacity will be distributed through a partnership with The Underwriting Exchange (TUE) as our exclusive distributor in the Republic of Ireland. Irish brokers will be able to access Ventis capacity for mid-market real estate risk up to a total sum insured of €40m.
Gareth Roberts, CEO of Ventis, said: “Many brokers in the Irish property insurance market have been struggling to find insurers who can deliver quality service. In the nine months since launching Ventis, we have built a reputation in the UK as a firm that provides exactly that, and now we are bringing that proposition to the Irish market. We believe there is a marked opportunity, made possible through access to TUE’s existing broker networks, to deliver Ventis’ quality capacity and service to the Irish mid-market property sector.”
Stephen O’Connor, Chairman of Specialist Risk Europe, said: “Adding Ventis to TUE’s panel of underwriting partners will allow us to access the property market at a higher level than we have covered previously. We are looking forward to working closely with the Ventis team as our exclusive partner in this area to deliver the best service for our broker partners and bolster our offering in the property sector.”
Ventis Ireland will underwrite through its new presence in Dublin, where underwriter Suchitra Ramakrishnan is based.
About Ventis
Ventis is a Managing General Agent specialising in Commercial and Residential insurance solutions. Offering an extensive range of coverage and backed by a team of qualified market trading underwriters, Ventis aims to underwrite a broad range of SME and mid-sized property risks, focusing on standard risks overlooked by larger insurers.
About TUE
TUE is a specialist Broker, based in the heart of the City of Dublin, who provide access to Lloyd’s and the European Market for all Irish & EEA based risks. We pride ourselves on providing an outstanding service due to the longstanding relationships we hold with leading Lloyd’s and Market Underwriters, as well as our many years of experience specialising in the Irish & European Markets.
Specialist Risk Europe Limited, trading as The Underwriting Exchange, MX Underwriting Europe, and LIME is regulated by the Central Bank of Ireland. We are also authorised and regulated by the Financial Conduct Authority (FRN 989072).
Learn more at: https://tue.ie/
