Underwriting platform and services provider Asta, which is a Davies company, has launched financial lines managing general agent Verde Risk Management. It will offer cover to UK and international clients for risks including commercial crime and management liability. Verde will operate as an appointed representative of Asta Underwriting Management Ltd.

Emma Plush, director MGA and broker solutions at Asta, said: “This marks an exciting development for the financial lines market, as Verde brings fresh expertise and a commitment to addressing gaps in coverage. Their approach will create opportunities for new products and growth, helping to shape a more dynamic and responsive market.”

James Reynolds, director at Verde, added: “Our aim is to create solutions that offer greater choice and innovation for customers in the markets we operate in. Utilising the support from Asta allows Verde to provide exceptional service to the brokers that we deal with.”