This edition of International People Moves details appointments at the broker Howden and two Lloyd’s insurers: Apollo Syndicate Management and Atrium Underwriting.
A summary of these new hires follows here.
Howden Appoints Swiss Re’s Cochrane as Head of Energy Transformation
Howden, the international insurance broker, announced it has appointed Stanley Cochrane as head of Energy Transformation.
Cochrane joins Howden from Swiss Re, where he spent 30 years as a property underwriter, specializing in energy, natural resources and complex risks. Most recently, he spent six years in Singapore as head Property & Specialty Asia Pacific.
He will work across both the Natural Resources, and Climate Risk and Resilience teams. His main areas of focus will be helping clients to navigate the changing risk landscape as they transition towards low-carbon energy sources; and further developing the potential for insurance to remove financial barriers to the projects that enable the transition.
“As the technology required to enable the transition to a low carbon economy becomes increasingly viable, we are seeing a significant increase in demand for insurance solutions to help to release the capital to finance these projects,” commented Charlie Langdale, head of Howden’s Climate Risk and Resilience division.
“Stanley’s holistic view of the energy and natural resources industries, and understanding of emerging trends, will help to ensure we are supporting the projects that will make a real impact in delivering a sustainable transformation.”
Apollo Hires Sandi From Canopius to Lead Build-up of Casualty Treaty Team
Apollo Syndicate Management, the independent specialist insurer and reinsurer, announced the appointment of Paul Sandi who will lead the build-up of a casualty treaty team within Syndicate 1969, subject to Lloyd’s approval.
Sandi has nearly 20 years of industry experience. He joins Apollo from Canopius where he was head of casualty treaty, having initially created a new U.S. casualty treaty portfolio. He was previously a casualty reinsurance underwriter at Liberty Syndicates, where he was part of a team that wrote the largest North American casualty reinsurance book in Lloyd’s. Sandi began his insurance career at Price Forbes.
“It is an exciting opportunity to join Apollo as it continues to build on its existing strong underwriting offering, increasing profitability and expanding strategically into its next stage of growth. Creating a new casualty treaty business will give brokers and clients a wider variety of choice, while current market conditions mean that this is an opportune time for expansion,” said Sandi.
Atrium Appoints AXA XL’s MacColl as Head of Hull and War
Atrium Underwriting, the managing agent for Lloyd’s Syndicate 609, announce the appointment of Mike MacColl as head of Hull and War, reporting to David Sankey, head of Marine.
MacColl has over 35 years’ experience in the marine market having started his career at Lloyd’s Claims Office. He joins Atrium from AXA XL where he held the position of global head of Marine Hull and War Underwriting. Prior to this, he spent seven years as head of Marine Hull and War Underwriting at Talbot Underwriting.
“As a top-quartile Lloyd’s syndicate, Atrium is known market-wide as a first-class business. I look forward to being part of the team and helping to profitably grow their hull and war classes of business,” commented MacColl.
Atrium Underwriters Ltd. is a regulated Lloyd’s managing agency and part of the Atrium Group. Syndicate 609’s capacity for 2021 is £625 million ($855.5 million), up from £525 million ($718.6 million) in 2020.
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