PXRE outfit targets SMEs.

PXRE managing agency has set up a new service company - PXRE Insurance Services - to target the prov...

PXRE managing agency has set up a new service company - PXRE
Insurance Services - to target the provincial broker market. The new
facility is looking to take a share of the SME market with a product
called Incapsulate, which boasts a wide range of covers and "higher"
commissions. The policy is being underwritten by PG Butler syndicate 1224.
The two underwriters responsible for Incapsulate are Matt Gifford,
formerly of Lombard, and ex-syndicate 820 (Amlin) underwriter David Armes.

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