Amlin appoints new Head of Marine Hull
01 June 2009
Amlin Plc, the leading specialist insurer, has appointed Iain Henstridge as Leading Class Underwriter to head up the Marine Hull account previously led by Simon Beale. This appointment will allow Simon to devote himself fully to his responsibilities as Underwriting Director of Amlin London, the Group’s global specialty business.
Iain Henstridge joins from Catlin where he has been senior class underwriter for Marine Hull & War Risk business since 2007. He has 17 years’ experience underwriting Marine Hull at Catlin and has developed the combined account to be one of the largest and most profitable at Lloyd’s, leading much of the business written. This appointment is returning Iain to Amlin - from 1987 to 1992, Iain was deputy yacht underwriter at K. J. Coles Syndicate 40, which later became part of Murray Lawrence Group and thence part of Amlin.
Simon Beale commented, “I am delighted that, in securing
Iain to take on the responsibility for Amlin’s Marine Hull
account, we have found the necessary expertise and leadership
qualities to take the account to its next phase of
development. Iain’s broker and client relationships
complement the Amlin account particularly well and with the market
conditions currently favouring marine hull insurance, this
appointment is extremely well timed.
Enquiries:
Simon Beale, Underwriting Director, Amlin London 0207 746
1000
Hannah Bale, Head of Group Communications 0207 746 1118
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Notes to Editors:
Amlin plc is a leading independent insurer operating in the
Lloyd’s, UK, Continental European and Bermudian
markets. We specialise in providing insurance cover to
commercial enterprises across a broad range of risks including
aviation, marine and international property & casualty.
We also provide reinsurance protection to other insurance companies
around the world. A FTSE-100 quoted company, Amlin owns
100% of its £825m Lloyd’s capacity for 2009, wholly
written through Syndicate 2001. Syndicate 2001 is highly
rated at ‘A+’ (Excellent) by AM Best and
‘A1’ (Stable) by Moody’s.
In 2005, the company established Amlin Bermuda Ltd as a reinsurance business capitalised at US$1 billion and it is similarly highly rated at ‘A’ (Excellent) by A.M. Best and ‘A’ by Standard & Poor’s. Amlin also set up operations in Singapore (2007) and in Illinois, USA (2008) to service regional and local clients and acquired Anglo French Underwriters, the largest Lloyd’s coverholder in France in November 2008.
