RSA
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The underwriter will relocate to the London market from Genoa. -
The appointment comes following several resignations in Travelers power and renewables division this year.
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The carrier's UK portfolio will no longer be written with an in-house team.
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The carrier has also hired Henry Henderson from Liberty.
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The Build consortium will target sectors including renewables, power, waste to energy, infrastructure and innovation.
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The sale of the carrier’s home and pet operations includes an initial cash consideration of £82.5mn, with the potential to earn up to £32.5mn more.
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Deans joins from CNA Hardy, where she was a property underwriter since 2010.
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The executive will work to grow the company’s MGA proposition and expand in key international markets.
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Intact and RSA will pay a £520mn cash consideration for the brokered commercial lines operation.
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The carrier has received approval from the UK Financial Conduct Authority for the £550mn sale.
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