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Xbroker : new hire to drive SME product expansion

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Moorhouse subsidiary Xbroker, the niche commercial underwriting specialist has appointed Matthew Stones as senior fleet underwriter.

Mathew’s joining follows the recent extension of Xbroker’s panel of capacity providers to include Alpha Insurance A/S in collaboration with Swiss Re. His appointment and the new capacity allow Xbroker to continue to expand its range of insurance services to brokers.  A portfolio of more new products is currently being developed for launch later this year.

Day to day, Mathew will be responsible for the operation of the specialist Xbroker motor fleet product which caters for self-drive hire, haulage and courier risks.  He will focus on growing accounts and developing relationships with broker partners. He brings six years specialist fleet underwriting experience gained at QBE and Brit prior to that.

Karl Railton, head of underwriting and propositions at the Moorhouse Group said: “We are very pleased to welcome Matthew to Xbroker.  He shares our ethos of combining sound underwriting discipline with market knowledge and expertise. I am confident that he will play a central role in developing solutions for niche, hard-to-place risks within the fleet market.”