XL Catlin has completed its purchase of award-winning underwriting agency and Lloyd’s coverholder Brooklyn.

As previously reported by insuranceNEWS.com.au, the agency will continue to operate under the Brooklyn brand.

“Brooklyn will be a great partner for us,” XL Catlin Australia Country Manager Robin Johnson said. “We will rely on its efficient distribution model to provide XL Catlin’s broad range of products to its SME broker and client base, further expanding our reach in the Australian market.”

Director David Porteous says the more than 700 brokers across Australia who do business with Brooklyn will benefit from access to a wider range of insurance solutions.