By Isha Marathe
June 3 - (The Insurer) - Bishop Street company Ethos Specialty Insurance Services has partnered with global insurer Starr to expand its North American transactional risk capacity.
Starr joins a lineup that includes Axis and Skyward Specialty, bringing total capacity limits to $45 million in the U.S. and $25 million in Canada.
Ethos said that the transactional risk market continues to tighten amid hardening conditions and widespread capacity constraints. The MGU said that, while many of its peers have contracted, it has grown its transactional risk business by over 90% year over year.
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