MNK Re bolsters surety apply with key appointment

International specialist dangers re/insurance coverage dealer MNK Re has named Giles Ham (pictured above) as affiliate director – surety, because the agency goals to bolster its worldwide footprint within the surety market, notably in securing protection for difficult and hard-to-place dangers globally.

With greater than three a long time of expertise within the surety business, Ham has an enormous background in offering bond options for main civil infrastructure initiatives, together with the Channel Tunnel Rail Hyperlink and the Ted Williams Tunnel in Boston, Massachusetts.

His experience extends to working with a various vary of brokers internationally, positioning him to considerably improve MNK Re’s shopper base, notably amongst abroad purchasers searching for to leverage specialist capability in London.

Manoj Kumar, CEO of MNK Re Group, highlighted the importance of Ham’s appointment because the agency seeks additional enlargement.

“Giles brings a wealth of expertise and data, so we’re delighted to welcome him to MNK Re. His appointment is a vital step as we proceed our speedy worldwide enlargement and construct our e book of enterprise within the surety market. He has a observe file of delivering for his purchasers and I’ve little question that MNK Re will profit enormously from his understanding of the market and specialist perception,” he stated.

Expressing his enthusiasm for his new function, Ham additionally famous the present state of the surety market and what his appointment represents for MNK Re.

“I’m trying ahead to utilizing my community and data of the market to assist purchasers discover the options they want. Governments and companies the world over are searching for to develop more and more complicated infrastructure initiatives in response to points like local weather change. I’m excited to work with Manoj and the group to assist them entry bespoke protection that may present safety required by employers,” he stated.

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