Broker Marsh has announced the addition of new capacity to its Fast Track facility. From 1 March, 2025, clients can access up to 10% automatic capacity across their entire property and casualty portfolios, as well as specialty risks.
Launched in April 2023, Fast Track is led by QBE and backed by Lloyd’s syndicates Canopius, Arch, and Beazley. Since its launch, it has facilitated over 15,000 policies worldwide, with bound premium projected to pass US$1bn this year.
Commenting on Fast Track’s expansion, John Donnelly, global head of placement, Marsh, said: “The addition of the new capacity is a significant milestone in Fast Track’s evolution. Since its launch, Fast Track has quickly established itself as a market-leading global facility…built to sustain dynamic market conditions.”
Fast Track’s follow form structure means that all client placements follow the same terms and conditions as the lead underwriter, including claims decisions, and includes an automatic 2.5% client premium discount.
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