7 March 2016News

Novae hires Allied World exec for D&F role

Novae Group, the specialist listed Lloyd’s insurer, has appointed Nick Garside as deputy unit head of its US direct and facultative (D&F) unit.

Garside is based in the firm’s Bermuda office and reports to Nik Lucking, unit head of US D&F. He brings more than 12 years of US underwriting & broking experience to Novae.

Garside joins from Allied World in Boston, where he was most recently a vice president and spent seven years underwriting a diverse portfolio of property risks. Prior to this he was at Willis.

Stuart Heath, divisional head of property at Novae Group, said: “As part of our planned development of the US D&F property unit we are delighted to welcome Nick on board. He is a quality underwriter with an excellent track record and a growing reputation in the US market, and his expertise enables us to diversify our product offering.

He added: "I look forward to working with him and the rest of the team to continue to develop Novae Bermuda Underwriting Limited.”