Yachtpod to write on Castel MGA platform

Yachtpod Risk Partners has launched an underwriting cell on Castel Underwriting Agencies Ltd’s MGA formation platform, offering superyacht insurance on a worldwide basis. Yachtpod provides cover for hull and machinery, increased value, war, medical expenses, mortgagees interest and loss of charter hire risks. Yachtpod said that its cell capacity on Castel was provided by a number of Lloyd’s syndicates and London insurance companies. The Yachtpod team is led by principals Iain Cotton and Vladimir Mirosevic-Sorgo. Cotton was previously a director of Lead Yacht Underwriters Limited, a wholly owned subsidiary of MS Amlin. Mirosevic-Sorgo is a former director and class underwriter of Lead Yacht.