Overark team to join the team at AFL’s head offices in London; Overark Managing Partner, Peter Berring, to continue developing the business going forwards
London, 29 May, 2019: Independent Lloyd’s broker AFL Insurance Brokers Ltd (AFL) today announces a new partnership with Overark, a specialist advisor operating exclusively within the UK Social Housing Sector.
Overark works with Housing Associations to help them achieve greater risk control, increased transparency, enhanced governance and better overall value for money and the optimum Total Cost of Risk [TCoR] using Alternative Risk Transfer [ART] based programmes.
An approved Lloyd’s Coverholder and now an FCA Appointed Representative of AFL Insurance Brokers Limited, Overark provides A rated solutions.
The Overark team will be joining the team at AFL’s head offices in London, and Overark Managing Partner, Peter Berring, will continue to develop the business going forwards.
AFL Chairman Toby Esser said, “We have a very exciting 2019 ahead of us, with a host of growth and diversification projects and opportunities in play.
The potential for collaboration with Overark was a large part of this agreement’s attraction, and naturally fits into our vision to make AFL a renowned and foremost centre of excellence for initiatives associated with risk management and insurance. We look forward to working alongside Peter, Huw and the specialist Overark team.”
AFL CEO Bob Finch said, “It’s hugely gratifying to be in partnership with Overark and working with Peter and his experienced leadership team. Overark delivers highly targeted insurance programmes and expert risk advice, providing clients with invaluable insights that help them build more resilience into their organisations.”
Overark Managing Partner Peter Berring said, “We are very excited with our new partnership with AFL. Over the past three years we have been aligning ourselves with partners that are independent and deliver the highest quality cost effective responses to our markets.
In line with this, we have found in AFL an organisation that demonstrates exactly these strengths. Moreover, they have established a specific team focused on supporting the Overark business. I am already very excited as to the synergy that has evolved.
The AFL team have already demonstrated their flexibility, attention to detail and focus on delivering the optimum product to clients. We feel this will do a lot to ensure we continue to improve upon the quality service we wish to deliver to our clients as we work with them to achieve the optimum sustainable Total Cost of Risk.
We are very happy AFL is joining our group of partners and look forward to building a strong relationship with their team over the coming time.”
Overark Partner and Executive Director Huw Thomas said, “We have spent time looking to find a perfect match for this essential support and we are clear that we have found in AFL a perfect match with our standards. We truly believe this move will enhance our offerings and ensure we access the best quality, cost efficient insurance markets such that our clients can be assured of strong, focused risk and insurance solutions that achieve and maintain truly competitive and sustainable Total Cost of Risk. We have agreed with AFL to set up a specific HA unit that will support Overark in providing a turn key solution to our clients. Initial discussions already identify that this will deliver the quality and support essential to providing our clients the best solution.”
Images: Peter Berring, Overark Managing Partner & Huw Thomas Overark Partner and Executive Director