Highly regarded marine underwriter Jill Murphy has set up an independent underwriting agency, RedSky Insurance, with a portfolio acquired from her previous employer, Agile Underwriting.

Sydney-based RedSky is offering an array of marine-focused products including cargo, yacht, pleasure craft and hull and machinery.

The agency's other co-founders and specialists are Heather Roberts, previously NTI corporate development specialist, and Jodie Drinnan, formerly QBE’s national distribution manager for marine specialty risks.

“Our message to the clients is that it is business as usual but with greater resources,” Ms Murphy told insuranceNEWS.com.au.

“The security is the same but with more resources to ensure that we cope with the growing portfolio.”

Ms Murphy was a marine underwriter at Agile before embarking on the new business venture. She has held senior positions overseeing marine including at Aon and AIG during her career.

“We are passionate about what we do, and we have the experience and relationships to create tailor-made marine insurance for our corporate customers whilst also offering online solutions for products such as pleasure craft,” Ms Murphy said.

“Marine insurance can be difficult to understand because it is different to the other general insurance lines. This has resulted in a lot of insurers pulling back or offering a beige, one size fits all, product.

“Our goal is to bring some colour back into the market and help clients find innovative solutions.”