Brit launches new cargo consortium

BRIDGE’ to offer up to $80 million of cargo line capacity

Brit Group Holdings Limited (“Brit”) is pleased to announce the launch of ‘BRIDGE’, a new cargo consortium.

The consortium, which will be one of the largest consortiums in the cargo market, is now writing business and offers cargo line capacity of up to USD $80 million. 

Amid ever-growing insurable values, BRIDGE will address a wide range of broker and client needs providing comprehensive cover and protection for cargo risks around the globe.

Jon Sullivan, Chief Underwriting Officer at Brit said: “BRIDGE is the latest consortium launched by Brit and another demonstration of leadership across our core classes. By bringing together significant capacity BRIDGE will further deepen the relevance of our market-leading cargo offering for brokers and their clients.”

Louise Crockford, Class Underwriter, Cargo at Brit added: “This consortium is an exciting development for us as we continue to enhance our cargo offering. As the value of insurables in the  cargo market grows, and supply chains become ever more complex, BRIDGE will allow us to continue to provide high levels of sophisticated and comprehensive coverage for clients, ensuring that they receive the support they need amid evolving market conditions.”