Arma launches Professional Indemnity and D&O Liability
Arma Underwriting , a MGA based in London and Dubai, announced the commencement of writing Professional Indemnity and Directors & Officers Liability, with the backing of Allied World’s Syndicate 2232 at Lloyd's .
This new capacity expands on the company’s existing partnership with Allied World on Casualty lines, which has been in place since Arma was incorporated in 2017.
“Companies in emerging markets increasingly face new challenges in managing risk, including keeping up with developing regulatory environments, navigating technological advancement, and managing economic cycles. Insurance has demonstrated to be a reliable tool in managing and mitigating these risks and I am delighted we can further contribute to these solutions by offering PI and D&O to our valued partners and customers.” – Tyson Klose, Senior Partner and Head of Liabilities at Arma.