Managing general agent Kova Professions, which has a focus on professional indemnity, has announced that it has secured capacity from specialty insurance carrier Hadron, which expanded its UK operations through the acquisition of Folgate earlier this year. The agreement is enabled by the Accelerant Risk Exchange.

Kate Albert, CEO of Kova, said: “Our alignment with Hadron as Kova’s capacity provider is a strategic move that supports our long-term growth and commitment to the professional indemnity market.

“With this five-year capacity agreement, we’re positioned to build on the solid foundation from Accelerant and continue offering high-quality, reliable coverage to our clients. This transition marks a meaningful step forward, enabling us to continue delivering the stability and tailored support our brokers and insureds count on as we grow.”