WestCongress MGA launches as Lloyd's coverholder
Managing general agent start-up WestCongress Insurance Services
is set to begin underwriting liability cover for oil-services
contractors and security companies after securing coverholder
status at Lloyd's.
Four industry veterans led by Richard Smith, a former First
Mercury CEO who was at the helm when it was acquired by Fairfax in
2011 for $294mn, have been developing the Detroit-based commercial
excess and surplus specialist for over a year.
"We've done a lot of leg work getting all the pieces
Read more »