Pol risk, credit & surety
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What happens when a global broker network decides to fill a gap in the London market itself? -
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The carbon-credit insurer has appointed James Morrell head of credit underwriting.
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Beth MacGregor and Adam Vulliamy are also set to join from Axis Capital.
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In trying to solve multiple needs, specialty reinsurance opens up complexities.
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Market leaders Atradius and Coface have both received in-principle approvals for a Lloyd’s syndicate.
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Some 185 credit claims were reported in the market, totalling over $400mn.
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Frank Masteling will lead the new business as head of trade credit.
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Atradius Syndicate 1864 is expected to begin underwriting next year.
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Coface Lloyd’s Syndicate 2546 is expected to commence underwriting in 2025.
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The MGA has recently added casualty and specialty reinsurance divisions.
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