Chaucer
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The product features fixed payment for a terrorism event within the insured’s post code, irrespective of physical damage.
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An accelerated share buyback and a special dividend will complete the deployment of the $850mn generated through the China Re deal.
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Head of specialty Peter Glanfield and head of professional indemnity David Cable are among those under consultation. -
Colm Sheedy will work alongside senior class underwrtier Joe Murphy to expand the book.
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The merger with Syndicate 2088 and a 2020 pre-emption brings the number of £1bn-plus syndicates at Lloyd’s to 11.
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The rating outlook is stable.
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Craig Curtiss and Callum Bennett will join a team run by Andrew Bauckham.
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CEO John Fowle will relinquish the underwriting role on the arrival of Nicola Stacey.
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Noufal Manzil joins from Talbot, which recently closed its Lloyd’s Dubai platform.
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Jonathan Sutcliffe will become head of underwriting at Chaucer Dublin but remain active underwriter at Syndicate 2088 until the end of the year.
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The platform offers on-demand insurance to commercial drone pilots.
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The international GL specialist departs after nine years.
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