ICAT and Ariel partner on US SME cat coverage
US property catastrophe insurer ICAT has partnered with Ariel Syndicate to deliver additional risk capacity to catastrophe-exposed small and medium sized businesses in the US.
The partnership is expected to generate first year premium income of $15m (£9.2m).
Chris Fisher, Ariel property insurance chief underwriting officer, said: “We respect and admire ICAT’s disciplined
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