The Lane Re, specialising in facultative reinsurance protection in Australia and New Zealand, according to a LinkedIn announcement by Market Lane Group CEO David Porteous on September 30.
Headquartered in Sydney, The Lane Re is dedicated to the commercial property market, operating as a Lloyd’s coverholder. The MGA draws upon the expertise of its front-line team to deliver services to both reinsurance brokers and ceding partners.
Porteous said he is working alongside Sam Reid, Executive Director and Head of Market Lane’s Specialty Sports and Hospitality G.O.A.T. Insurance and MLX Risk Partners. Additional announcements on manpower are expected in the coming weeks.
Throughout 2025, Market Lane—led by CEO David Porteous but operating as a seperate entity to The Lane Re—has introduced a series of new MGAs: Fairlight for liability and property insurance for Australian medical, aged care, and National Disability providers; ML Specialty for food and beverage contamination and recall and environmental impairment liability; and Square Mile Corporate Risks for mid-to-corporate property and general liability.
