The Hartford
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She joins the D&O team in London following the exit of senior underwriter Tim Carpenter, who is joining BHSI. -
Personnel movement in the class remains elevated as carriers look to secure top talent while underwriting conditions are profitable.
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The Connecticut-based insurer said $138mn in cat losses stemmed from its commercial lines segment, while $47mn came from personal lines.
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After this publication reported The Hartford’s exit from AVN52B, the carrier’s Lloyd’s business has now confirmed its exit from the entire aviation war class.
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Jack Bardrick will manage broker partnerships, facilitate new business opportunities and develop growth initiatives.
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It’s understood that Inigo pulled out of the class due to rising reinsurance costs, while The Hartford has exited following the departure of its head of PV and terrorism, Grant Witheat.
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The company increased its attachment point on the $200mn aggregate cover to $750mn, up from $700mn.
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The hire follows the appointment of Keith Mather to head up financial lines for the international business.
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Keith Mather will be responsible for building a book of international retail and wholesale financial lines business, as well as the long-term growth of global specialty.
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The former head of international financial lines will report to executive chairman Matthew Fosh.
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Syndicate 1221 is expected to return to underwriting profitability for 2021, The Hartford’s head of international Carl Bach said.
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The Hartford’s customers will have access to Swiss Re’s globally standardised property wordings and online platform.
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