Appointment of Underwriters for new UK Commercial Account
Press Release: Appointment of Underwriters for new UK Commercial Account
Argenta Syndicate Management Limited (“ASML”), a subsidiary of Argenta Holdings Plc, is pleased to announce the appointment of James Lawson and Michael Sharkey as UK Property and Liability Underwriters at Argenta Syndicate 2121, reporting to Active Underwriter Ian Maguire. James and Michael will take up their new roles on 17th November 2014 and 16th February 2015, respectively, once they have completed their contractual obligations to their current employer.
James has nineteen years’ experience in the companies market, Lloyd’s and MGA environments. Prior to joining his last employer where he was Technical Underwriting Manager, he was a Direct Open Market Property and Liability Underwriter at Amlin Syndicate 2001.
Michael has more than twenty years’ experience in the insurance industry, working predominately for a Lloyd’s Service Company (Evergreen, the service company for Syndicate 318) before joining his current employer in 2011 where he was latterly Development Underwriting Director responsible for the Commercial Combined Account.
Ian Maguire, Active Underwriter Argenta Syndicate 2121 commented:
James and Michael have an excellent track record at well-respected institutions in the Lloyd’s and London markets. The introduction of this new team is a significant development in the growth of Syndicate 2121. Their wide-ranging UK expertise and market knowledge will be a valuable addition to our underwriting team and will play a major role in Argenta’s ambitious growth plans for the Syndicate.
Andrew Annandale, Chief Executive Officer, Argenta Holdings Plc and Managing Director, Argenta Syndicate Management Limited commented:
Argenta takes great care when hiring new teams, selecting only the highest quality underwriters, with profitable track records, in sectors where we see significant opportunities. The appointment of this respected team fully reflects this approach.
ENDS
Contacts: |
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Andrew Annandale | Argenta Holdings plc | |
Argenta Syndicate Management Limited | + 44 (0)20 7825 7200 | |
Ian Maguire | Argenta Syndicate Management Limited | + 44 (0)20 7825 7200 |
David Haggie/Samantha Whiteley | Haggie Partners | + 44 (0)20 7562 4444 |
Notes to Editors:
Syndicate 2121 has an underwriting capacity of £240 million for 2014 split between Direct Property, Property Treaty, Marine Hull and War, Marine Cargo and Specie, Offshore Energy, Marine & Energy Liabilities, Power and Utilities, Terrorism, Casualty and Accident & Health.
Argenta Holdings Plc is the parent company of ASML and also of Argenta Private Capital Limited, which provides investor capacity to the Lloyd’s Market of close to £1.35 billion for the 2014 year of account.