Bermuda-based Endurance Specialty Holdings has announced that Richard Housley has joined the company this week as Executive Vice President and Global Practice Leader for Property Insurance.
He has extensive experience in property insurance markets where he has held various underwriting and management roles for almost 30 years. Endurance said that in addition “to launching the company’s property business in London, he will work closely with Doug Worman, CEO of U.S. Insurance to build the company’s property book in the Americas and globally.”
Housley will also serve as General Manager for Endurance’s London office, reporting to Graham Evans, CEO of International Insurance, who highlighted Housley’s “exceptional reputation as a skilled underwriter along with extensive relationships across the primary brokers serving this market. Under his leadership, we will no doubt quickly establish Endurance as a meaningful player in the London property market and significantly enhance our offerings and prominence in the key property insurance markets around the world.”
Housley joins Endurance from ANV’s Lloyd’s syndicate, ANV Syndicate Management Ltd., where he was Underwriting Director. This was a continuation of his role at Flagstone Syndicate Management Limited (FSML) which ANV acquired in 2012. Prior to Flagstone Housley was with Axis Insurance since 2002, most recently as CEO of the Specialty Lines Division responsible for Axis’ property, casualty and marine insurance business. During his tenure at Axis, he also served as Chairman of Axis Specialty Europe Limited, Global Leader for the Property and Energy Practice, and President of Axis’s global insurance segment.
Source: Endurance Specialty Holdings