CLS Risk Solutions agrees extension of capacity arrangements with ERGO UK

London, 29 September 2020,

CLS Risk Solutions (CLS RS) – a leading property development, investment and transaction MGA – is pleased to confirm that the long standing and mutually successful relationship with ERGO UK, has received a renewed vote of confidence with the signing of a multi-year capacity agreement which allows CLS RS to provide significant capacity to its target segment. ERGO UK has been CLS RS’ primary capacity partner for the last ten years.

CLS RS has a track record of meaningful innovation and delivery of a range of highly effective insurance/financial instrument solutions that serve the needs of investors and developers of complex real estate and renewables projects.

Its range of bespoke insurance solutions provide indemnity against the full range of legal, planning or environmental damage disputes, claims or reviews that can delay or derail project development. Today’s property market dynamics and economic uncertainties make these products even more valuable to the real estate sector than ever before.

Rob Best, CLS RS, commented: “I’m proud that ERGO UK has given CLS RS a vote of confidence in our business and growth trajectory with the renewal of its capacity support. The extension of the successful 10-year partnership between CLS and ERGO UK with the signing of our multi year agreement is testament to the strength of our business model and the demand for our bespoke product in the market.

ERGO UK commented : “ERGO Insurance is committed to the MGA market and is a credible, consistent risk carrier providing continuous relationships with MGA partners, such as CLSRS”.

Sam Whiteley
Sam@freepartners.com
+44 207787545529