Validus subsidiary appoints political violence leader

Talbot Underwriting, the London subsidiary of Bermuda-based Validus Holdings, has appointed Steven Tebbutt as global practice leader, political violence and aviation war.

Tebbutt has been promoted to the role after helping the firm enhance its business in London, as well as develop a war and terrorism book of business in Talbot’s overseas offices, the company said. He has been employed at Talbot for 13 years.

Previously, Tebbutt was employed at JL Jones and XL Capital. He represents Talbot on the London Market Association terrorism panel.

In this new role, Tebbutt will help to drive growth in Talbot’s offices in Sydney, Singapore, New York, Dubai, Miami and Santiago. He will also remain as senior class underwriter for Syndicate 1183 in London.

James Skinner, director of underwriting, said: “Since joining Talbot, Steven has developed the product lines and helped establish our position as a recognised market leader in political violence and aviation war.

“With this promotion and the other changes we are making to strengthen the team worldwide, I am confident that Talbot will drive further growth in our political violence and aviation war business in London and overseas.”

Tebbutt said: “I am delighted to be taking on the role of global practice leader for political violence and aviation war. As the exposure to these perils in some parts of the world continues to escalate dramatically, we are seeing increased interest in terrorism and aviation war coverage from our clients.

“With these changes, Talbot is well positioned to expand coverage and service to clients via a strengthened team in London and in each of our overseas offices.”