Helix Underwriting Launches Bermuda Platform
Helix Underwriting Partners Ltd. [Helix] has received all necessary approvals to commence operations and has entered its first agency agreement to underwrite Middle Market Property Insurance on behalf of QBE in Bermuda.
“Founded by industry veterans Claude Lefebvre, Nicholas Lucking and Neville Weston, Helix has been incorporated as the first multi-line independent Managing General Agent in Bermuda. Helix develops distribution channels by combining best-in-class underwriting talent and technology, creating superior operating efficiencies and data transparency for its strategic partners,” the company said.
“Helix’s Middle Market Property Insurance targets risks with a total insurance value between $200 million and $2 billion. Helix has designed an excess and surplus market product, MM100F, to deploy 100% of limit shared on excess of loss layers targeting soft occupancy business.”
“Helix brings a new business operating model to the island,” said Helix President, Claude Lefebvre. “The partnership with QBE is an ideal introduction to our offering; we are very pleased to have secured our first program to underwrite our Middle Market Property with such a prestigious carrier partner.”
Mr. Lefebvre continued, “We also have an active pipeline of new opportunities in front of us and look forward to more exciting partnerships throughout 2020.”
For more information, visit www.helixglobal.com or email info@helixglobal.com.
