This version of Worldwide Folks Strikes particulars appointments on the MGA Coalition and Hamilton Re.
A abstract of those new hires follows right here.
Coalition Faucets Munich Re’s Foster as Head of London Markets
Coalition, the San Francisco-based cyber managing basic agent and cybersecurity agency, has employed Matt Foster as its head of London markets. The function locations Foster because the lead underwriter for the London market and sophisticated dangers, reporting to Stephen Wares, head of Worldwide Underwriting.
Foster joins with a historical past of underwriting cyber throughout eight years at Munich Re. Starting as a graduate trainee in 2016, he was promoted a number of occasions main as much as his most up-to-date promotion to senior cyber underwriter in January 2023.
This appointment follows Tom Draper’s promotion to UK managing director. Draper takes on wider duty for Coalition’s UK operations, increasing from an insurance-focused function to a wider enterprise function that includes the administration of over 30 UK-based workers. He’ll report on to Kyle Byrant, Coalition’s head of Worldwide.
“Matt is getting into an necessary function in increasing our UK enterprise. He’ll play a central half in supporting our dealer companions with complicated UK dangers and with London market worldwide wholesale enterprise, in addition to being a key chief of our underwriting group,” commented Wares.
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Hamilton Re Expands Into Credit score, Bond & Political Danger Reinsurance With Lottimore Appointment
Hamilton Re, the Bermuda-based insurance coverage and reinsurance underwriting platform of Hamilton Insurance coverage Group Ltd., introduced its enlargement into credit score, bond and political danger reinsurance with the appointment of Sergio Lottimore to the function of vice chairman, Credit score, Bond and Political Danger Reinsurance.
Primarily based in Bermuda, Lottimore will report back to Peter Riihiluoma, senior vice chairman and head of Specialty Reinsurance at Hamilton Re.
The brand new credit score, bond and political danger reinsurance choices might be integrated throughout the specialty reinsurance portfolio, and additional expands our choices to purchasers.
Lottimore has 18 years of specialty and monetary strains market expertise. He joins Hamilton from Validus Re the place he was vice chairman, credit score strains underwriter for 3 years. Previous to that, he spent 15 years in roles of steady development at MS Amlin.
“Our enlargement into credit score, bond and political danger reinsurance marks a big milestone for Hamilton Re in its dedication to constructing a globally diversified reinsurance providing,” stated Hamilton Re CEO Megan Graves.
Hamilton underwrites dangers on a worldwide foundation by its three underwriting platforms: Hamilton World Specialty, Hamilton Choose and Hamilton Re.
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