Chaucer
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The executive will oversee Howden Re’s treaty and fac business in Miami as well as the firm’s specialty insurance unit.
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The announcement comes after similar launches with Inigo and Atrium.
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Alex Nelson will work as head of power and renewable energy at the carrier.
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The carrier has appointed Ivan Sit to head up the operation.
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A significant amount of new capacity has flowed into the political violence and terror market in recent months.
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Chris Cane and Jaime Hunwicks join from Talbot, Jonathan Bint from Chaucer and Molly Ashcroft from Axis.
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The underwriter has spent a decade at Chaucer.
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The executive worked with Artificial Labs on Chaucer’s underwriting platform.
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The executive will join the company next month, reporting to CUO Nicola Stacey.
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The executive will replace David Bendle on his retirement at the end of 2024.
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The terrorism product, led by Chaucer, will offer an initial line size of $100mn.
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