The Bermuda-based Max Capital Group announced the appointment of two senior underwriters – Clive Hatto and Hugh Sprowson – by Max at Lloyd’s Ltd, the Lloyd’s managing agent for Syndicates 1400, 2525 and 2526.
Chairman and CEO W. Marston (Marty) Becker noted that their appointment “to the Max at Lloyd’s team reflects the company’s strategic commitment to both underwriting discipline and market diversity and expansion,” and “represents an important step in building out the underwriting capability of the Lloyd’s platform we acquired in November 2008. It is our intention to continue to add such talented underwriters to the fine existing underwriting team of Max at Lloyd’s.”
Hatto has been appointed Accident & Health Underwriter for Lloyd’s Syndicate 1400, and will be responsible for writing a portfolio of Direct and Facultative business from the Syndicate’s Box at Lloyd’s, to complement the existing book of Personal Accident and Workmen’s Compensation Act (WCA) Treaty business written out of its Coverholder’s office in Copenhagen.
He is an Associate of the Chartered Insurance Institute, and has more than twenty years of experience in Accident and Health underwriting, most recently as Class Underwriter for Lloyd’s Syndicate 2003, managed by Catlin Underwriting Agencies.
Sprowson has been appointed Financial Institutions Underwriter for Lloyd’s Syndicate 1400, and will be augmenting the existing Financial Institutions underwriting team headed by Bradley Knight.
He has over fifteen years of insurance experience, including over twelve years in Financial Institutions underwriting, most recently with Lloyd’s Syndicate 4444, managed by Canopius Managing Agents. Hugh has a degree in English & American Literature from the University of Warwick.
Matthew Petzold, Underwriting Director of Max at Lloyd’s, commented: “We are very pleased that Clive and Hugh are joining Max at Lloyd’s. They are both seasoned and accomplished underwriters with a wealth of experience in our marketplace, and will be valuable additions to our team.”
Source: Max Capital Group – http://www.maxcapgroup.com
Topics Excess Surplus Underwriting Lloyd's
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