Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been appointed as the electronic trading director of Plum Underwriting, the group’s specialist household MGA.
Kris Lee has also joined Plum as head of e-Trade Underwriting, to work with the key broker software houses to add Plum’s products to their systems. His responsibilities include the development of new products and the management of delegated authorities via its e-Trading Division.
Lewer and Lee were previously at Arthur J Gallagher, where Simon was underwriting director, e-Underwriting and Kris was underwriting manager, e-Underwriting. Between them they have over 40 years’ experience in household underwriting and broking.
Completing the specialist e-Trade Division at Plum are Clive De Pledge, Gary Smith and Jonathan Meyers, who recently joined Plum from Towergate.
Plum as a market leader for specialist household insurance products in the UK and Ireland. Their new e-traded products will offer full EDI solutions to brokers via all major software houses.
“Simon’s experience and expertise in this area makes him an invaluable asset to GRP. He has established a well deserved reputation in the market for developing smart, e-traded household insurance solutions for some of the UK’s biggest brokers. He will help provide Plum with a fantastic platform for growth,” said David Margrett, chief executive of Global Risk Partners.
“Brokers looking to place specialist household risks need immediate access to flexible products and decision makers who want to trade,” said David Whitaker, managing director of Plum Underwriting. “Plum has already built a strong reputation for high standards of service and Simon, Kris and the team bring a unique set of skills that will develop our new range of e-traded specialist household products to help accelerate the expansion of our UK and Ireland broker base.”
Simon Lewer commented: “Brokers tell me they want the efficiency of electronic trading for non- standard household but they also need the reassurance that they can access immediate underwriting support for risks that are more complex. Plum Underwriting has some of the best specialist household underwriters in the market. By developing products specifically designed to be traded electronically, our brokers will benefit from a high quote rate and lower operational costs – we are aiming to be best-in-class.”
* GRP is an investment vehicle aimed at brokers and managing general agents (MGAs) trading in the UK retail and global, specialty insurance markets. GRP acquires businesses and teams that have niche, non-commoditized, specialty propositions and strong profitability.
Source: Global Risk Partners Limited
Topics Mergers & Acquisitions Agencies Underwriting Insurance Wholesale
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