Sterling Cooke Forms New Special Risks Division

London-based Stirling Cooke Brown Insurance Brokers Ltd. (SCBIB), a subsidiary of the Bermuda company, announced it has formed a “Special Risks Division” to design and place “insurance and reinsurance programs involving warranty, residual value and related coverages, primarily on behalf of leasing companies.”

SCBIB managing director Anthony McCallum stated that “The special Risks Division is a significant first step in the implementation of our strategy to rebuild our London intermediary operation by developing niches built around specialized expertise. Our new team has earned an excellent reputation over many years for their professionalism in this field.”