Mark Palmer appointed Political Risks Underwriter
Press Release:
Argenta Syndicate Management Limited (“ASML”), a subsidiary of Argenta Holdings plc, is pleased to announce the appointment of Mark Palmer as Political Risks Underwriter to Argenta Syndicate 2121, reporting to Active Underwriter Ian Maguire. Mark joins Syndicate 2121 on 1st August 2016.
Mark has over 24 years’ experience in the financial services sector having held a number of senior positions with commodity trade finance banks and insurers. He joins us from Atradius Credit Insurance NV where he held the position of Head of London Market Underwriting, underwriting a portfolio of short, medium and long term credit and political risk insurance structures.
Ian Maguire commented:
“Mark has an excellent track record at well-respected institutions in the Lloyd’s and London markets. The introduction of the new account is a key development in the growth of Syndicate 2121. His wide-ranging political risks expertise and market knowledge will be a valuable addition to our underwriting team and he will play an important role in Argenta’s growth plans for Syndicate 2121.”
Contacts: | ||
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Andrew Annandale | Argenta Holdings plc | + 44 (0)20 7825 7200 |
Ian Maguire | Argenta Syndicate Management Limited |
+ 44 (0)20 7825 7200 |
David Haggie/ Samantha Whiteley/ Rebecca Young |
Haggie Partners | + 44 (0)20 7562 4444 |
Notes to Editors:
Argenta Syndicate Management Limited, a Lloyd's authorised managing agency, houses the Group's own underwriting operation, Argenta Syndicate 2121. Syndicate 2121 has an underwriting capacity of £270 million for 2016 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 £1.44 billion
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Andrew AnnandaleManaging Director, ASMLDirect line: +44(0)20 7825 7239