New Dawn Risk launches new division focused on UK market

Specialist insurance intermediary New Dawn Risk has launched a new division focused on the UK market as it sees a strong demand for an alternative to ‘big brokers’.

The new unit will provide liability and specialty solutions direct to insurance buyers, as well as partner with UK regional brokers looking for a bespoke and specialist service. The new offering will mirror New Dawn’s existing offering for international businesses.

Max Carter, CEO of New Dawn Risk, said: “At the moment in the UK market there is clear demand for an alternative to the larger broking houses and our new division will bring New Dawn’s independent, high-touch and tailored approach to the UK for the first time.

“Many businesses that need insurance are suffering the effects of a difficult and uncertain trading environment, while broker consolidation and soaring rates in some classes bring opportunities for specialists to make a difference for particular groups of buyers.”

Tom Malcolm, head of UK Broking, said: “Now, more than ever, the UK market is crying out for brokers that have the requisite skillset and expertise to steer businesses through these challenging times. Our newly established UK division is well set to meet these demands via our team of product specialists who put client service at the core of everything they do.”