XL Catlin-owned Brooklyn Underwriting has opened offices in Melbourne and Brisbane.

The Sydney office remains home base for the specialist underwriting agency, which was acquired by XL Catlin last September.

“Creating a Brooklyn footprint in Melbourne and Brisbane was a natural step in the evolution of our business as part of the XL Group in Australia,” director David Porteous told insuranceNEWS.com.au.

“Our colleagues within the XL Catlin business had already established trading offices in both cities and our ability to leverage off the significant resources of the XL Group under the Brooklyn banner is just one of the many benefits we can now offer our business partners.”

Mr Porteous says further geographic expansion is on the cards, as are “new products and more efficient trading mechanisms”.