Florida-based catastrophe reinsurance broker COIN Re has appointed global property reinsurance professional Andy Crichton as executive vice president, effective Dec. 7, 2018.
Crichton will be based in London, England, where he will manage COIN Re’s reinsurance marketing and placement strategy.
Crichton joins COIN Re from Barbican Syndicate where he served as property treaty underwriter. Previously, Crichton held senior underwriting positions at worldwide reinsurance companies. During 11 years in Bermuda, Crichton served as vice president, XL Re; senior class underwriter, Catlin Insurance; and vice president Americas Property Catastrophe, Endurance Specialty.
He started his career as a property retrocession broker for Willis Re and later as a property treaty underwriter for Ascot Underwriting at Lloyds.
COIN Re was founded with the goal of reducing the overall cost of reinsurance in the property field through lower reinsurance premiums, reduced frictional costs, and by offering shared ownership of the firm to its client insurers. Ultimately, the company wants to enable insurance companies to reduce their operating costs and lower premium costs to the insurance consumer.
Tampa-based COIN Re was founded in 2018 under the leadership of E.W. “Ted” Blanch.
Source: COIN Re
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