Trident Insurance Group has sold its QBE-underwritten intermediated pleasurecraft and charter boat business to the insurer.

MD Rick Wolozny told insuranceNEWS.com.au today that QBE will run its smaller end intermediated work while Trident will continue to provide its larger portfolios, including yacht clubs and blue water insurance.

The deal was planned to take place on November 1 but Mr Wolozny says it won’t happen now until December at the earliest.