Brit

Coutts spent 10 years at Brit and 19 at CNA.

The senior underwriter will report to North American property head Paul Horgan.

Tom Rea will focus on writing miscellaneous professional liability while Jim Kelly joins as a construction professional liability underwriter.

The carrier will continue to write open market property after Richard Foster's departure.

Anaemic rates have forced the carrier to abandon the business line.

The London directors’ and officers’ (D&O) market is facing a claim of around $26mn following a settlement by Australian law firm Slater and Gordon with its shareholders.