IQUW launches crisis management product suite

Technology crisis picture Shutterstock

Property, commercial and specialty insurer IQUW has developed an insurance class designed to help businesses anticipate, prevent, respond to, and recover from a wide variety of risks.

The provider has appointed specialty underwriter, Jon Atkinson to lead the global crisis management portfolio. The roll-out of the new product offering is part of IQUW’s growth and development strategy for its specialty lines.

Peter Bilsby, chief executive officer of IQUW said: “We are delighted to announce that Jon will be leading our crisis management portfolio at IQUW.

“We are building out a fantastic team of professionals to lead the development of our multi-line, diverse product offering.”

Spectrum

According to IQUW, the proposition will provide market capabilities in global specialty product recall for a broad spectrum of manufacturers across new product lines, including product contamination, auto and other component part recall and first party recall risks.

Atkinson joined IQUW from Talbot Underwriting where, as senior class underwriter, he developed its crisis management capabilities.

“I am delighted to join IQUW and launch the new crisis management product,” said Atkinson. We will offer cover globally, with a specific focus on food & beverage, automotive and other safety focused manufacturing markets where we intend to be a lead market for brokers.

IQUW has a vision for digital underwriting and, in line with this, our crisis management portfolio will combine data, automation and human expertise to deliver consistent, accurate and fast responses to support broker,” Atkinson added.

IQUW is a new property, commercial and specialty insurance and reinsurance business which focuses on ways to combine data, intelligent automation and human expertise to make smart decisions, fast.

IQUWs insurance and reinsurance products are distributed through Lloyd’s syndicate 1856 and provide insurance cover for cyber, cargo, marine, political risk, energy, property, D&O, financial institutions, political violence and terror and war risks, plus reinsurance for both property treaty international and specific to the us and specialty reinsurance.

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