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Marine insurance and reinsurance are target business areas, the project partners said.
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Carriers sought rate hikes of between 12.5% and 15% in the final quarter of the year.
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Message will write lines including upstream energy as the motor syndicate expands into specialty classes. -
The international yachting company has a dedicated in-house insurance team.
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Rate rises continue but market withdrawals have opened up opportunities for marine underwriters.
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The new recruit will run SI’s UK and international property team.
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Rumours of the cause of the incident have been circulating for months in the marine insurance market.
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The majority of the $3.1bn reinsurance tower switched to a two-year deal last year.
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The losses stem from the Barzan gas plant in Qatar and a Tullow facility off the coast of Ghana.
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Her departure will leave the Atrium hull team significantly depleted after Richard Tomlin also joined Convex earlier this year.
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Delegates at the Marine Insurance London conference said that the sector needed to embrace data and innovation.
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The executive joins the start-up after working at Axa XL since 2007.
