The Navigators Group, an international specialty insurance holding company, has launched underwriting operations in Sweden through its new underwriting agency, NUAL, and has opened a Stockholm office.
The office, under the leadership of Sverker Edstrom, managing director of NUAL, will initially focus on management and professional liability products underwritten by Navigators Pro, a division of Navigators Management Company. Products include directors and officers, fiduciary, employment practices, errors and omissions and professional liability.
Stephen Coward, managing director of Navigators Underwriting Agency, said: The opening of our Stockholm office will help satisfy the rising demand in this region of the world for customized insurance products that will help contain risk in this segment.