ArgoGlobal, the Lloyd’s insurer and member of Bermuda-based Argo Group, has announced the appointment of Michael Thompson as hull class underwriter.
Thompson was formerly the head of hull and liability underwriting at Endurance Syndicate 5151, where he was tasked with the launch and development of its marine portfolio. He takes up his new role with immediate effect and will report to Steve O’Gorman, head of marine.
Thompson also serves on the joint hull committee and chairs the navigating limits subcommittee.
Thompson brings nearly three decades of experience in the marine sector to ArgoGlobal. Prior to Endurance he held the role of senior hull and liability underwriter at Swiss Re. He began his career as an assistant marine underwriter for ACE London Syndicate 483.
O’Gorman said: “There are clear opportunities for ArgoGlobal in the marine hull sector. Michael is a recognised expert in this market and has the expertise, track record and experience to realise the advantages conferred by our Group structure and international offices.
“We will continue to strengthen our presence in the marine hull market by developing closer synergies with our international network and enhancing our specialist products to reflect clients’ needs.”
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