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.”

Novae Group, Lloyd's, Appointment, Nick Garside, Direct and faculative insurance, Stuart Heath, London, Bermuda

Bermuda Re