London, 07 March 2022, Spring Insure, the specialist financial lines MGA, is proud to announce that Spring Partners is today re-launching as Spring Insure (Spring) with a new name and a new brand and business identity to reflect the growth, expansion, and vision of the business.
Spring offers a wide range of financial lines products across offices in London, Dublin, and Guernsey. The MGA is part of the Goldman Sachs-backed Aston Lark group. In November 2020, Spring acquired Neon Sapphire Underwriting Limited in Guernsey, which will also be known as Spring Insure, effective immediately.
Spring recently launched a private company commercial D&O offering, supported by capacity from Beazley, which allows the business to participate in an area of expertise for their underwriters at a time when the need for quality capability in this sector is much in demand. Spring is led by Chairman Russell Kilpatrick, and Chief Executive Officer Nathan Sewell, who are both seasoned insurance entrepreneurs.
Russell Kilpatrick commented: “We are delighted to re-launch as Spring Insure following on from a long company transformation and significant expansion into a wide range of product lines. The re-launch is more than a new name and brand identity, we are transforming the business with an ambitious new vision and growth strategy. Our flat structure means everyone has a voice and can play their part. And our inclusive ownership model gives underwriters and underwriting teams a space to be entrepreneurial and share in the success of the business.”
Commenting on the announcement, Nathan Sewell CEO, Spring said “We are so excited to introduce Spring Insure today to the market. This is a significant moment for the business and marks the beginning of an exciting new chapter. Spring Insure underwrites complex risks the way they should be written – by striking the right balance between covering what’s put in front of us and being responsible for the capacity under our control. It’s a formula that delivers policies clients can count on and sustains success for us and our clients for the future.”