Optio Group (Optio), an independent specialty MGA, today announces the successful launch of its new political violence and terrorism (PVT) binders.
The new product provides a USD 150 million limit, ensuring comprehensive protection against both physical and financial threats faced by businesses and organisations. It also includes an active assailant add-on. With 100% Lloyd’s of London capacity, the offering underscores Optio’s commitment to delivering high-quality coverage and meeting the evolving needs of the market.
Angus Bailey, head of specialty, said: “Re-entering the PVT market with USD 150 million of Lloyd’s-backed capacity is a significant milestone for Optio and underlines our dedication to delivering high-quality coverage. It also enables our capacity providers to capitalise on Optio’s growing distribution network, ensuring broad market reach and sustainable growth. We’re excited to bring this enhanced solution to the market and continue strengthening our specialty capabilities with our partners.”