Energy
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Plus the latest executive moves and all the top news of the week. -
The carrier has been recruiting for the position following Steven Farr’s move to Tokio Marine HCC.
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Capacity and competition are limiting underwriters’ ability to continue pushing for double-digit rises.
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Emily Taylor joined Hiscox as a senior underwriter in 2020.
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Sean McGovern said the appointment was part of an “important strategic initiative” for the company.
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Both oil and gas and renewables insurers are at the sharp end of the insurance industry’s ESG journey.
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The executive passed away last week after suffering from motor neurone disease.
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The underwriter will work out his notice period at Chaucer, which remains active in the natural resources class.
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It emerged in March that Tim Welsh was leaving MS Amlin after almost three decades at the business.
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The news follows months of speculation in the energy market about James Grainger’s plans after his resignation from Munich Re.
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The pair will be responsible for managing underwriting activity across their respective lines.
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Ben Kinder, the recently appointed CUO of marine, energy and renewables, will lead the consolidated team.
