Converge increases UW threshold to $1bn with capacity from QBE, Obsidian
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Converge increases UW threshold to $1bn with capacity from QBE, Obsidian

CEO Tom Kang said Converge will now be able to deploy a total of $10mn in limit in certain segments.

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Cyber MGA Converge has secured a major expansion of its underwriting capacity from QBE and Obsidian Insurance Holdings, and it can now provide coverage for companies with revenues up to $1bn, from the current $300mn.

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