ProSight Specialty Underwriters Ltd. establishes new Accident and Health Practice and expands Marine, Film and Engineering Underwriting Teams at Lloyd’s Syndicate 1110
London, UK, 12th September 2014 — ProSight Specialty Underwriters Ltd. (‘ProSight’) is pleased to announce several additions to its underwriting team as it continues to grow its presence at Lloyd’s of London and expand into new lines of business. Roger Perry, Paul Beggy and Matt Bevan joined ProSight in August to lead a new Accident and Health (‘A&H’) team that work in tandem with other ProSight business lines to bring enhanced A&H offerings to the market. All formerly of Canopius, Roger joins ProSight as the Lead A&H Underwriter whilst Paul and Matt have each been appointed as A&H Underwriters. In other appointments, Jeremy Cooke has been appointed Contingency Underwriter to lead ProSight’s Contingency line of business within ProSight’s Film and Entertainment segment. Previously with Chubb Managing Agent Limited (CMAL), Jeremy joins ProSight following the recent appointment of John Young, ProSight’s Film and Entertainment Underwriter. Tom Butterworth has been appointed Marine Underwriter to lead ProSight’s expanding Marine account. Tom joins the company from The Channel Syndicate and prior to that he was Offshore Energy and Construction Underwriter at Munich Re. Jamie Jeffery has been appointed Engineering Underwriter and joins ProSight from Axa Corporate Solutions. Jamie has over 19 years experience underwriting and managing portfolios of construction, engineering and construction liability insurance in the regional UK, London, Australia and New Zealand markets. Commenting on the appointments, Bernard Mageean, Managing Director, ProSight Specialty Underwriters said, “These appointments add significant bench strength to our underwriting capability and are a testament to our business that we can attract such talent.”
About ProSight Specialty Underwriters Ltd.
ProSight Specialty Underwriters Ltd. is the international arm of ProSight Specialty Insurance. ProSight owns the capacity of Lloyd’s underwriting syndicate 1110, which carries the strong financial security ratings of Lloyd’s: A+ (Standard and Poor’s), A+ (Fitch) and A (A.M. Best). In 2014, Syndicate 1110 has an underwriting capacity of £180 million (2013: £110 million), with capital provided by affiliates ofTPG Capital and Goldman Sachs Capital Partners, two of the world’s leading private equity groups.