Berkley Insurance Australia and Specialist Underwriting Agencies are celebrating 10 years of their partnership.

They say the alliance is built on shared values, mutual respect and a commitment to delivering market-leading solutions.

Berkley says SUA has consistently demonstrated an ability to anticipate and respond to evolving market needs.

“Known for its technical excellence and deep broker relationships, SUA has earned a reputation as a trusted authority in the underwriting of risks – particularly in the statutory liability space, where Berkley … is proud to provide security,” the specialist insurer said.

Berkley Australia CEO Tony Wheatley says watching SUA grow “has been a fantastic experience and one we all appreciate. To have such a partnership for over 10 years, in this day and age, is pretty rare, and to all the SUA people involved, past and present, thank you for your support.

“Over the past decade, our partnership has evolved to meet the changing needs of brokers and clients, with both organisations committed to doing things the right way and building a lasting partnership.”

SUA director John Iles said: “Having the Berkley Insurance Australia team alongside us to promptly identify and address market and regulatory challenges has allowed [us] to continue the development of bespoke, innovative solutions for brokers.

“We look forward to continuing our already fruitful relationship.”