Construction/engineering

Seven members of the construction team have resigned, including construction practice leader Patrick Baker.

Sophie Hitchcock has covered the role since November 2023.

The market is showing signs of having reached its peak amid an influx of new capacity.

Tim Bluck joins as a partner, covering UK clients.

It emerged in November that the carrier’s construction head Daniel Abramson was leaving the business.

The book is yet another indication of growing interest in the space.

Alex Coulton previously held the role of construction underwriter at Axis Capital.

The underwriter will work with product leaders across regions to deliver a global product offering for international clients.

The appointment follows the recent hire of Pascal Carrer as head of casualty in Switzerland, and David Corrigan as head of property.

At an event that brought together construction insurers, brokers, engineers and developers, delegates discussed an impasse over insuring sustainable development projects.

The MGU has secured up to $10mn follow-form capacity on a non-admitted basis to cover general liability on complex construction projects in the US.

Hancock joins from Ensurance UK where he was head of underwriting and international engineering.