Specialty insurer Newline Australia has launched a new office in Sydney, adding to its existing Melbourne location. Alongside this expansion, the company has appointed Nicholas Beswick as Head of Professional Indemnity.
The initiatives align with the Lloyd’s coverholder’s efforts to expand in the country, with Bob Pollock, CEO of Newline Group, commenting, “Sydney represents an important market for Newline Australia, and having Nick on the ground will propel our growth while providing local service.”
He added that establishing offices in key territories were part of the business’s ongoing strategy to be closer to their distribution partners and clients.
Beswick, who will report to Stephen Mullaly, Head of Professional and Financial Lines at Newline, brings over three decades of experience in professional and financial lines to his new role, most recently as National Manager of Professional Risks at Ensurance Australia.
Craig Rowsell, CEO of Newline Australia, commented on the developments. “We are excited to expand into Sydney, a market in which we have strong, long-term relationships and are proud to support,” Rowsell said, adding “Nick’s deep expertise will enable us to continue customising insurance solutions to meet our clients’ unique challenges.”
