Richard Panter, the former head of fine art and jewellers’ block at AXA XL, has joined Apollo Syndicate Management as head of specie and cargo at Apollo Syndicate 1969.
Panter has spent over 37 years in the insurance business, and held senior underwriting roles at Catlin and XL Catlin between 2001 and 2016.
At Apollo he leads the team expanding its specie and cargo offering and reports to Paul Letherbarrow, head of aviation and member of the executive committee.
David Ibeson, group chief executive at Apollo, said: “As part of Apollo’s long-term strategy, we have been investing in talent and resources to grow our specialty lines, with our market leading specie and cargo team being an area of considerable focus as we see considerable trading improvement in the class.”
Panter added: “While more opportunities arise in the current specie and cargo market, clients are looking for professional support, especially from experts with strong market relationships and extensive analytical and actuarial capabilities.”
Richard Panter, Apollo Syndicate Management, David Ibeson, Paul Letherbarrow