London / Ontario, 30th May 2022 –Volante Global, a multi-class, multi-territory international MGA & Lloyd’s Syndicate that combines best-in-class underwriting powered by data-driven business processes deployed through a strategic platform, has announced the launch of Volante Canada.
Volante Canada, led by Richard Newman, Steve Vandriel and Robert Tsai for liability, auto and property lines of business respectively, will offer insurance in all provinces and territories through Volante’s own A-rated Lloyd’s Syndicate 1699. The complex risk focus will include Forestry, Mining and Municipal business. In addition, the team will offer combined P&C and Auto for the mid-market and SME sectors on a digitalised platform.
From small-scale local operations to larger corporations, Volante Canada offers the breadth of coverage and strength of capacity that delivers insurance protection companies can depend upon. The property, casualty and auto divisions are headed by underwriting experts with decades of experience in the Canadian insurance market. Richard has 25 years of casualty underwriting experience, including 16 years working in various senior roles across the Canadian insurance sector. Robert has 18 years of property market experience in Canada across both the insurance and reinsurance arenas and in virtually all industry sectors. Steve brings over 30 years of automobile insurance industry experience in the Canadian market and has held senior positions at several international insurance carriers. Depth of market expertise and granular risk insight, alongside long-standing broker relationships, enables the team to develop risk-specific products and comprehensive multi-line insurance programs.
Richard Newman, Managing Director, Volante Canada, who is spearheading the launch alongside Steve Vandriel and Robert Tsai said: « Volante Canada represents dedicated Canada distribution with no other conflict or overlap in the Volante Group. We are excited to offer our products and capacity, accessible solely through our local team, to the Canadian marketplace and look forward to partnering with our brokers to offer solutions to their client’s insurance needs. »
Commenting on the launch of Volante Canada, Talbir Bains, Volante Global’s Founder and CEO underlined the differentiation that Volante Canada seeks to deliver to the local markets. “Our proposition is structured to deliver across the spectrum of local assureds in Canada from combined package policies for SME through to structure solutions for global entities, enabled by the quality of local talent we have procured and based in Toronto. The strength of capital we bring to the local market with our Lloyd’s Syndicate 1699 platform will offer advantageous multi-line solutions to our broker partners and Volante are very enthused to commence trading in Canada”.
Roshni Lillies, Active Underwriter of Volante’s Syndicate 1699, the platform through which Volante Canada will trade, conveyed the focused strategy that Volante Canada brings to the local market. “Volante Syndicate 1699 has platforms across the world built with the same common strategy, servicing assureds locally with local underwriting talent. With the addition of our Canadian platform, we can access a fantastic marketplace which offers a wealth of profitable underwriting opportunity. Through our highly experienced team we will offer the Canadian market a multi-class solution with our Liability and Property offering ranging from large complex risks to SME, and our Auto offering for Commercial Fleets. We look forward to working with assureds and brokers locally.”
Volante Canada is live, actively trading and currently accepting submissions.
All media enquiries, please contact:
Marketing Manager, Volante Global
T: +44 (0) 20 3830 7159
About Volante Global
Volante Global is a multi-class, multi-territory international MGA & Lloyd’s Syndicate that combines best-in-class underwriting powered by data-driven business processes deployed through a strategic platform. Registered and headquartered in the UK, Volante Global is built upon a financially secure foundation including (at a minimum) A-rated insurance capacity supporting every line of business.
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