Construction
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The underwriter has over 20 years' experience in the construction insurance sector. -
Bartlett is the latest in a series of talent moves in the construction market.
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Tom Hester joined the broker in 2018 as SVP.
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The move will impact around $50mn of gross written premiums in total.
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The company provides management workflow for residential contractors.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Group CEO Tavaziva Madzinga said it might explore Lloyd’s Names backing in the future.
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Rates continue to drop as capacity is ample, the broker said.
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The carrier is expanding its appetite for sustainable construction of large commercial buildings.
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The carrier has scaled up its international insurance offering in recent years.
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The changes are aimed at improving underwriting and operational performance.
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