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Agile moves into PI space

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Insurtech Agile Underwriting Services has entered the financial lines market with the introduction of Lloyd’s-backed professional indemnity insurance.

The Sydney-based agency has appointed Clive Davidson as Financial Lines GM to oversee the business.

Mr Davidson has more than 35 years’ industry experience, including as regional manager for financial lines with Arch Underwriting.

“Our strategy is twofold: we aim to give brokers solutions for both commodity and complex [professional indemnity],” Mr Davidson said.

“Relationships and expertise are at the core of our offering, and we aim to provide our partners with systems efficiencies that benefit their business.”

Agile also offers aviation and marine cover and cyber insurance.