Amlin announces Bermuda team
16 November 2005
Amlin plc, the leading Lloyd’s insurer, today announced
that the underwriting
team for its new US$1 billion Amlin Bermuda operation will be
headed by
Underwriting Director, John Andrews. An industry veteran with over
25 years’
experience in the London market, John currently underwrites
Amlin’s
proportional treaty account and is Syndicate underwriter for Amlin
Credit. He
is a member of the Lloyd’s Reinsurance Business Panel,
Syndicate
representative on the Lloyd’s Japan Board and a member of
Lloyd’s China
and India sub committees.
Ben Savill is the second underwriter joining the Bermuda team.
His previous
experience includes Amlin’s US Risk excess, catastrophe and
casualty
account, prior to his current role as Property Treaty Underwriter
with
responsibility for US and Canadian accounts. John and Ben will
be
supported by Assistant Underwriters, Lisa O’Toole and Sophie
Chapman.
Amlin anticipates that the team will be in situ in early
December in order to
underwrite 1 January renewals. Applications have been filed with
the
Bermuda Department of Immigration for the issue of the appropriate
work
permits. Whilst initially business will comprise primarily excess
of loss
reinsurance, other lines including proportional treaty will be
written by Amlin
Bermuda.
David Harris, Amlin’s Operations Director, will be
overseeing the set up of the
business in its initial phase.
Tony Holt, Group Underwriting Director, commented: “At
Amlin, we are
fortunate in having significant underwriting talent and experience
across our
Syndicate. This pool enables us to transfer a high quality team to
Bermuda
whilst maintaining our strength in London. We have been greatly
encouraged
by the positive response received from brokers and clients to Amlin
Bermuda
and are confident that John’s team will build a successful
portfolio, while
maintaining underwriting discipline.”
