Geo Underwriting is shopping for marine insurance coverage supplier Navigators & Common from Zurich UK, with the deal anticipated to shut earlier than the tip of the yr.
N&G affords cowl for a variety of boats and vessels in addition to business marine trades together with marinas, boat builders and rent fleets with a broad distribution serving customers and intermediaries alike.
Upon completion, N&G’s specialist staff based mostly in Brighton will be part of Geo Underwriting.
Ardonagh-owned Geo confirmed the established ebook of enterprise will proceed to commerce as Navigators & Common, working in tandem with Geo Marine.
Geo expanded into the sector in 2020 when it purchased a marine
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