Hamilton snares Aartie Manansingh to build its US M&A business

Hamilton Insurance Group has appointed Aartie Manansingh to lead the development of its mergers and acquisitions division in North America and Latin America.

Manansingh will take up her post on August 31 and will be based in New York, reporting to David White, the chief underwriting officer of Hamilton Managing Agency. She will be involved in the development of the M&A business from both a strategic and underwriting perspective.

Manansingh joins from Willis Towers Watson (WTW) where she was a director in the M&A group, facilitating the placement of transactional liability products for private equity and corporate clients.  Before that she was senior vice president in the transactional liability group at Ethos Specialty Insurance Services. She has also served as assistant vice president in Ironshore Insurance Services’ M&A group, and as senior underwriter at Allied World Assurance Company.

Hamilton is also looking to recruit someone else to hold a similar position in London, to lead the development of its international M&A book, said Pina Albo, Hamilton Group’s chief executive.

Albo said: “Since we completed the acquisition of Pembroke Managing Agency and related businesses last August, we’ve been delivering on our promise to unlock the potential this transformational deal represents to Hamilton. We see great opportunities in rebuilding a profitable portfolio of M&A business, as our colleagues in Hamilton Managing Agency have done before, and know that [Manansingh] is exactly the right person to help us develop this line of business.”