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Mitsui backs more Community Underwriting lines

Community Underwriting will continue expanding its offerings to non-profit clients and their brokers after entering a binding authority agreement with Mitsui Sumitomo Insurance Company.

The Japanese insurer will be the security for Community Underwriting’s business package, accident and health, and industrial special risks products from July 1.

Mitsui Sumitomo has been providing security for motor products since May 23.

Berkley Insurance Australia remains the security provider for Community Underwriting’s specialist non-profit association liability and general liability products.

Community Underwriting is an underwriting agency owned by its non-profit clients. About 70% of its surplus is returned to shareholders as donations.

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