Lancashire Insurance coverage opens doorways within the US

Lancashire Insurance coverage US (LUS), a brand new division of the Lancashire Group, has formally begun operations to mark an extension of Lancashire’s world presence.

Huw Jones, who beforehand served because the group head of specialty insurance coverage, has taken the helm as CEO of LUS.

“We’re excited to have launched LUS and now we have constructed a very sturdy group of underwriters and inside our help features. We look ahead to connecting with our new buying and selling companions and providing the underwriting experience and glorious shopper service that Lancashire is famend for,” Jones mentioned.

The agency defined that the transfer will give Lancashire entry to markets and enterprise alternatives beforehand past its attain, whereas making certain these new ventures align with its current operations.

Working beneath a delegated underwriting settlement with Lancashire’s UK platform, LUS will focus its operations on the US extra and surplus traces market. The corporate can be launching with a goal on vitality casualty and property insurance coverage merchandise.

Key appointments for Lancashire US

Key appointments have additionally been introduced to strengthen LUS’s management group. Firstly, Christopher Curtin has been named head of US property, bringing over 20 years of expertise in each brokerage and underwriting to the function.

Curtin joined LUS in September 2023, after serving as head of US property at Everest Insurance coverage, and holding important positions at AIG and Aon & Integro Insurance coverage Brokers.

Becoming a member of the vitality casualty division as senior vice chairman is Brian Quinn, who got here on board in June 2023. Quinn’s expertise consists of senior underwriting positions at AXA XL’s North America Vitality Casualty group, XL Catlin, and Energi Insurance coverage, a specialty MGA based mostly in Massachusetts.

Alex Maloney, group chief government officer of Lancashire, expressed enthusiasm concerning the institution of LUS.

“It is a important milestone within the strategic improvement of Lancashire, giving us entry to enterprise that we couldn’t write earlier than by new distribution channels and with new shoppers,” he mentioned. “We’re happy to welcome the brand new US group to the Lancashire Group and look ahead to working with them.”

Lancashire Insurance coverage US will function nationally beneath the enterprise identify Lancashire Insurance coverage (US) LLC, whereas doing enterprise as Lancashire Insurance coverage Specialty Companies.

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