Blenheim Partnerships, which is part of White Bear Group, has launched a specialty trade-related managing general agent. It will write line sizes ranging from approximately £3m to £20m and will offer cover for consequential loss and trade disruption, political risk, contract frustration and trade credit.

The MGA will target financial institutions, commodity traders, project financiers and supporters as well as importers and exporters across multiple goods and services sectors.

Ed Parker, who was appointed last year to lead the business, said: “This MGA brings extensive market experience and knowledge of wordings with a proven track record in innovation and bespoke underwriting to create a leader in its field.

“Under the Blenheim banner, we have a first-class and nimble team with the freedom to innovate and underwrite. We are looking to listen to what clients’ needs are, and to address these needs by being relevant and using our experience.”