Specialist construction MGA Phoenix Specialty has launched a new global contractors’ plant and equipment product.
The Global CPE product will include direct insurance or facultative reinsurance, and owned and/or hired in plant for nearly all asset types, above and underground. Underwriter Paul Kissane has been appointed to lead the new offering.
Tim James, CEO of Phoenix Global, commented: “Since launching last year, Phoenix has focused on building strong international partnerships to facilitate our growth in key markets. With Paul now on board, we’re ready to share our Global CPE offering with our brokers here and overseas. 2025 is going to be a pivotal year for Phoenix and I’m proud to lead our international development strategy.”
Paul Kissane, head of global CPE added: “The global CPE market can be a challenging trading arena and success depends on an in-depth knowledge of the market and clients’ needs, coupled with technical underwriting expertise. I’m looking forward to using my experience in CPE and construction to support Phoenix’s long-term international growth ambitions.”
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