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UK managing general agent launches new marine war risk initiative

Posted On: May. 26, 2023 10:01 AM CST

U.K.-based managing general agent Adva Specialty Ltd. has launched a new marine war risk initiative, which will enable it to underwrite lines of up to $150 million, including for voyages to and from designated war risks exclusion zones, Splash 247 reported. The initiative is expected broaden Adva’s support to brokers and marine clients.