Hamilton launches financial lines insurance

Hamilton Insurance Group has launched a financial lines insurance business through its Bermuda-based re/insurance operation Hamilton Re. David Friston will lead it as senior vice president, head of financial lines insurance, and report to  Tim Duffin, Hamilton Re chief underwriting officer.

Friston joined this month after 11 years with AIG in Bermuda, where he was senior vice president and financial lines manager. He has decades of experience in financial lines and was previously with Chubb entities for over 15 years based in London, Australia and New York. He started his career in banking.

“We’re delighted to welcome Dave to the Hamilton team,” said Megan Thomas, CEO, Hamilton Re. “With his proven market leadership, deep experience, and strong relationships, we're fortunate to have him on board to guide our growth in this important line of business.

“Dave joins Bermuda insurance leaders Gavin Davis, head of property D&F insurance and Elaine Scully, head of casualty insurance. These three lines together create a trifecta of insurance solutions in Bermuda to meet the needs of our clients.”