5 February 2024News

SiriusPoint bolsters marine and energy teams

Specialty re/insurer SiriusPoint has appointed three new appointments to its marine and energy divisions aimed at building its presence in the London and global markets.

The Bermuda-based company said it has appointed Chris Fenn as head of marine, London and John Hopper as head of energy.

It said the appointments sharpen the company’s focus on the strategic growth of its marine and energy business lines, and strengthen its teams across the international business, including Lloyd’s Syndicate 1945.

Fenn, who comes from Markel International, will be responsible for helping to shape the marine group’s strategy and developing SiriusPoint’s marine portfolio in London and internationally.

He will be based in London and will report to Steve Smyth, head of marine, international, and active underwriter for Syndicate 1945, subject to Lloyd’s approval. Smyth joined SiriusPoint in September, 2023.

Former QBE Europe senior underwriter Hopper will lead SiriusPoint’s energy team, and will be responsible for maintaining and growing the London and international Energy book. He will be based in London and reports to Robert Harman, general manager SiriusPoint London Branch, and CEO & managing director, Sirius International Managing Agency (SIMA).

Victoria Hopgood has also been appointed Senior Underwriter, Energy. Hopgood joins SiriusPoint from Liberty Specialty Markets.

Rob Gibbs, President & CEO, SiriusPoint International, said: “We are excited to work with Chris, John and Victoria, and welcome them to the business. The specialist sector expertise they will bring to the team will provide further momentum as we seek to expand our presence in the market.

“We have been building our marine and energy businesses via London and Lloyd’s Syndicate 1945, and internationally through our MGA partnerships. Marine and energy are vital components of SiriusPoint’s strategy to be a high-performing underwriter and to our overall business. We are excited to welcome best-in-class underwriting talent and market experience to the Company to help support our ambitious growth plans.”

Prior to joining SiriusPoint, Fenn worked at Markel International for 14 years from 2008, firstly as senior liability underwriter marine and energy, then managing director, marine and finally divisional managing director, marine. He also spent two years working in reinsurance for various classes of business at Sirius International in 1995.

Before joining SiriusPoint, Hopper worked as a senior underwriter for the natural resources & sustainable energies team at QBE Europe from April 2023. Hopper was also head of energy at AmTrust’s Lloyd’s Syndicate 1861 from 2014 to 2019.




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More on this story

News
16 August 2023   The re/insurer’s CEO said the turnaround was due to ‘blood, sweat and tears’.
article
29 June 2022   The ratings agency identified recent management changes as the cause.
article
11 May 2022   The insurance product covers AI-enabled vehicles.