Motion Specialty has been approved as a Lloyd’s of London coverholder, founded by former Hiscox executives Dan Alpay and Alex Kickham.
The business writes on behalf of Lloyd’s Syndicate 1301, managed by Inigo Ltd., and is supported by Johnson and Johnson, the Charleston, South Carolina-based independent wholesale US broker.
Motion Specialty initially is focusing on high value homes (HVH) and standalone flood insurance, targeting the wholesale-to-wholesale distribution channel. The business offers comprehensive coverage for individuals in challenging