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."
