Helix to underwrite Property Insurance on behalf of QBE
Hamilton, Bermuda (January 9, 2020) – 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.
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 [email protected]
About Helix Underwriting Partners Ltd.
Helix Underwriting Partners was incorporated in December 2018 as the first multi-line, independent Managing General Agent in Bermuda.
Helix builds distribution channels by combining underwriting talent and technology into a delivery platform, generating business opportunities that offer superior risk-adjusted returns to strategic partners.
Currently offering a Property program that focuses on Individual risk business written on Excess and
Surplus Lines basis.
For further enquiries please contact:
P. Claude Lefebvre
Helix Underwriting Partners Ltd.
+1 441 705 8705