Hamilton Insurance tweaks underwriting team

21-02-2018

Hamilton Insurance Group subsidiary Hamilton Underwriting has announced some changes to its underwriting team.

According to the company head of specialty Adrian Daws and head of direct & facultative property Miles Osorio have both been promoted to active underwriter, reporting directly to Hamilton Underwriting chief executive officer Dermot O’Donohoe.

Head of space Sima Adhya will assume the additional position of deputy active underwriter, reporting to Daws. Senior underwriter, direct & facultative property Sinead Cormican is to become head of property, reporting to Osorio. Finally head of professional indemnity Daniel Prince will report directly to Daws. All appointments still pending approval by Lloyd’s.

The company said that the appointments are the result of the resignation of active underwriter and head of treaty Trevor Carvey and the departure of deputy active underwriter Stuart Quinlan. A search for a head of treaty is currently underway.

“Recent changes in the leadership of our underwriting team have presented us with an opportunity to leverage the talent, hard work and commitment at Hamilton,” said O’Donohoe. “We have significant bench strength, and it wasn’t difficult to determine where the skills of our underwriters align with our plans for growth and development.

“Trevor has given us six months’ notice so we’re going to have the benefit of his counsel during the transition period. This will ensure a smooth transition for our brokers and clients and will give those receiving promotions a chance to adjust to their new responsibilities in a timely fashion.

“I want to extend our appreciation to Stuart for his contribution to Hamilton during a period of rapid growth. We wish him well in his future endeavours.”

Hamilton, Insurance, underwriting, appointments, team, expansion

Bermuda Re