Novae hires former Montpelier Re exec


Lloyd’s insurer Novae Group has appointed a former Montpelier Re executive as head of US direct and facultative (D&F).

Based in Bermuda, Nik Lucking will report to Stuart Heath, head of property.

He most recently served as senior vice president and head of North American D&F property portfolio at Montpelier in Bermuda. There, he was responsible for the strategic planning and development of business across all three of the Montpelier D&F platforms.

Prior to this, he spent seven years with Willis in both London and Bermuda, latterly as head of the property team.

Heath said: “We are committed to building out our presence in Bermuda and see a number of growth opportunities in the US D&F market that will complement our strategy. Nik’s expertise and entrepreneurial attitude marked him out as the natural choice to lead this new division and develop our proposition.”



Novae, Novae Group, Montpelier Re, Bermuda, North America, Nik Lucking

Bermuda Re