The tie-up aims to enhance programmes and explore new opportunities through Rokstone’s MGA platform.
The network allows policyholders with a history of “suspicious behaviour” across multiple carriers to be identified.
This move marks American Coastal's exit from the personal lines insurance market to focus on its commercial specialty property portfolio.
The company aims to acquire agencies generating less than $5m in revenue, providing them with AI tools to streamline back-office operations.
Louise Kidd will also continue in her role as global financial lines underwriting officer.
The new scheme grants Pool Re members increased latitude to underwrite terrorism-related commercial property damage.
The collaboration aims to enhance and diversify the insurance solutions available in the New Zealand market.
