K2 Insurance Services makes first deal outside the US

K2 Insurance | February 04, 2020

K2 Insurance Services (K2) has announced today that it is entering into a deal with London-headquartered MGA Pioneer Underwriters. Notably, this transaction will be the specialty insurance services holding company’s first acquisition outside of the United States. According to a press release, the UK underwriting organization will be the linchpin for a new international platform from K2. Initially, this will include products in Pioneer’s property cat reinsurance, financial institutions, international property facultative, and marine specialty units, which together will write around £150 million in gross written premium in 2020.

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There's landlord insurance which I strongly advise people to take, they will be possibly contents insurance, you do need to have a look at your building insurance just to see whether you are covered for things like your carpet or light fittings, but sometimes you won't be covered so you will need to look at having contents insurance as well. If you are in a strata property, you may find that those things are covered by your strata. But you really need to look at the fine print as to check that out.

Spotlight

There's landlord insurance which I strongly advise people to take, they will be possibly contents insurance, you do need to have a look at your building insurance just to see whether you are covered for things like your carpet or light fittings, but sometimes you won't be covered so you will need to look at having contents insurance as well. If you are in a strata property, you may find that those things are covered by your strata. But you really need to look at the fine print as to check that out.

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