Rhodian launches A&H underwriting specialist
Agencies accelerator Rhodian Group has launched accident and health (A&H) specialist Batch Underwriting, the second business it has introduced to the market.
Batch will focus on the corporate and larger SME segments in Australia. The agency, which has capacity from Lloyd’s of London, is initially offering corporate travel, group personal accident and sickness, journey cover and volunteer cover, before a planned expansion of the product suite.
Rhodian, backed by US specialty products and services distributor Amwins, was formed early last year to provide support services that create a faster pathway for start-up underwriting agencies to enter the market and grow.
Last July, the group launched its first agency, Halo Underwriting, which focuses on hard-to-place risks in property and liability.
“We are ... pleased to once again be working closely with Amwins Global Risks and Lloyd’s to bring an agency to market with a strong product offering and great scope for growth,” Rhodian Group CEO Simon Lightbody said today. “I am looking forward to seeing Batch, agency number two, take off.”
Batch Underwriting, led by founder and CEO Andrew Batchelar, brings more than 20 years of specialist A&H experience to the market.
“Batch is the culmination of extensive work, innovation and a shared commitment to delivering high-quality, tailored A&H products to our broker family,” Mr Batchelar said.
“At Batch, we understand the evolving landscape of the A&H market, and we pride ourselves on being problem solvers and solution providers in an industry where many insurers are restricting or shrinking their A&H product offerings.”
Rhodian’s services include help with legal and governance, finance requirements such as credit control and regulatory reporting, brand and marketing, and human resources. Technology innovation is also a strong focus.
It says its incubator model seeks to support leaders with the technical expertise, track record and entrepreneurial spirit to drive successful, sustainable underwriting businesses.