SiriusPoint boosts its marine offering

SiriusPoint has expanded its global marine offering and Lloyd’s underwriting capabilities with a key senior hire.

Stephen Smyth joins as head of marine in London. He will join in mid-October, and will also be the active underwriter for Syndicate 1945.

Smyth joins SiriusPoint from Travelers. Prior to Travelers, he was the head of UK regional marine and head of office at Beazley. He has previously held marine underwriting roles at Allianz, AIG and Commercial Union.

SiriusPoint underwrites marine insurance and reinsurance across its global platforms and is looking to expand its insurance book through its London branch and Lloyd’s Syndicate 1945.

Smyth will report to Robert Harman, general manager SiriusPoint London Branch, and CEO & managing director, Sirius International Managing Agency (SIMA).

Harman said: “I am very pleased to welcome Steve to the business. His experience and expertise will be a great asset as we focus on building out SiriusPoint’s marine underwriting specialism and develop our business in Syndicate 1945 and internationally.”