The launch of Harbour Underwriting has been widely reported in the insurance press with several publications running the story.
MGAA’s article Harbour Underwriting launches After the Event (ATE) commercial dispute insurance to the broker market quotes Underwriting Director Rocco Pirozzolo as saying:
“History has taught us that commercial litigation increases in a recession as firms look to recoup losses, such as those caused by contract disputes.
“For brokers, the way ATE policies are traded has evolved significantly. They have always helped individuals and firms to access legal representation and, ultimately, justice. However, some firms assume that ATE insurance is still limited to covering legal fees for bringing a claim. That is not the case with Harbour Underwriting, and we are very much here to tailor individual insurance solutions to individual disputes.”