A joined-up approach to European commercial underwriting

The Managing General Agent (MGA) Alta Signa has launched a new European marine underwriting business which will also cater for the comercial marine market.

Alta Signa

Its new unit will focus on core marine lines of business, backed by Alta Signa’s leading panel of insurance partners – Axeria IARD, SiriusPoint and Sompo International.

”With the new marine line of business, we aim to become even more meaningful to our distribution partners by broadening our portfolio beyond the financial, professional and cyber lines of business,” said Gerard Van Loon, chief executive officer, Alta Signa.

Commercial interest

Despite its strong expertise in blue ocean risks, Alta Signa said it is welcoming opportunities to provide coverage for small vessels crucial to commercial port activities. 

This includes, but is not limited to tugboats, pilot boats, work boats, supply vessels, crew transfer boats and patrol boats.

The new unit will be providing tailored insurance solutions for a diverse range of vessels involved in commercial marine activities, except for small ferries and fishing vessels. 

Alta Signa’s team brings a wealth of specialist insurance expertise and is headed up by Francesco Dubbioso, head of technical underwriting for marine, based in Genoa, Italy.

Mr Dubbioso joined Alta Signa in September and has a broad range of insurance leadership experience in a career spanning over 20 years, most recently as CEO of Mediterranea Underwriting.

He will be supported by Danilo Fiore, acting head of technical underwriting for hull and yachts; Barbara Vida, senior cargo underwriter; Marie Lepelletier, group claims manager and Simona Ballestrero, marine technical accounting and operations manager.