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|Equinox Global successfully renews its binder arrangements|
|Friday, 13 November 2015|
Equinox Global, the Lloyd’s coverholder specialising in trade credit insurance, is pleased to announce it has successfully renewed its binder arrangements with its Lloyd’s capacity providers. This marks Equinox’s fifth year of underwriting trade credit insurance.
Acting as a coverholder of Lloyd’s of London, Equinox Global provides clients with the stability and reliability of the Lloyd’s A+ rating from Standard and Poor’s. The binder continues to be led by Beazley, which provides 31% of the capacity, with total capacity at $50 million for 2016.
Mike Holley, Chief Executive of Equinox Global, commented: “It is five years since we started underwriting at Equinox and it is pleasing to see the business continue to thrive and grow. During 2015 we made important strides forward as we strengthened the role of our international offices, continued to add team members at all levels and launched our first specialist product, Equinox Complete. With capacity of $50m for 2016 we will continue to offer our clients the certainty of cover they need, combined with an absolute focus on service as we take the business forward into the next five years of underwriting.”
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