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Price Forbes expands Lectio follow facility to cover casualty lines
The cross-class Lectio platform now spans multiple insurance classes, including cyber, energy, worldwide property and casualty, with premium in scope rising from about $350 million to about $1.6 billion.
Price Forbes, a specialist insurance and reinsurance broker, said it has expanded its cross-class follow facility, Lectio, to include casualty lines. The facility was launched in April 2021 and is designed to give Price Forbes’ clients and brokers guaranteed access to its exclusive capacity.
Lectio initially covered cargo, specie and financial products, healthcare and marine insurance, with about $350 million of premium in scope. It has since broadened across multiple classes, including aviation, cargo and stock throughput, construction and builders risk, cyber, onshore and offshore energy, financial institutions, marine, worldwide property and power, and now adds casualty.
Price Forbes said casualty is one of its largest lines of business across its platforms, and the expansion is positioned as a step in Lectio’s growth strategy. The expanded offering will be available across the US, Canada and Australia, with automatic access to capacity behind pre-approved lead insurers.
Dan Walsh, Chief Underwriting Officer at Ardonagh Specialty, said adding casualty is a natural fit to serve the London market’s core class and provides a competitive advantage by enabling long-term, sustainable capacity through insurance cycles. The outlet also noted Lectio was launched in Bermuda in February 2026 and that construction and builders risk coverage was added in July 2025.