Chaucer
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The carrier said the decision was the culmination of a “series of strategic portfolio adjustments”. -
Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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The carrier is looking to grow its direct underwriting capabilities, focussing on the offshore wind market.
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Insurance Insider explores how insurers can manage the dual, polar-opposite pressures of a litigious anti-ESG movement and net-zero climate activism.
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The hires come as part of a restructure of the marine and energy segment of the business.
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The carrier is hiring in its energy team following the resignation of natural resources head James Brown.
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The London market businesses face potential fallout as Vesttoo investigates collateral inconsistencies.
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The underwriter has worked at the carrier for almost 20 years and has a background in specialty reinsurance.
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Chaucer joins RSA, Liberty and Axa in the quota share arrangement.
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There is stiff competition in the renewables space as carriers look to establish positions in a growth market.
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He steps into the role vacated by Richard Harries, who will retire at the end of the month after more than 26 years at the carrier.
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Group CFO Rob Callan will take on the role of group interim CEO while Chaucer looks for a successor.
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