19 May 2021Life

IGI names senior underwriter in its new contingency business

International General Insurance Holdings (IGI) has hired Emily Clapham as senior underwriter for its recently announced contingency business.

Clapham is an experienced contingency underwriter and joins from Fidelis’ London office. She was previously at Beazley, where she was also a contingency underwriter, having joined the group after completing the Lloyd’s Generalist Graduate Programme in 2014.

At IGI Clapham reports to Richard Foster, head of property, political violence and contingency. She is based in London and assumes responsibility for developing both standard and tailor-made solutions for a wide range of clients, operating across the event, entertainment, arts, and sporting industries.

IGI launched its new contingency insurance line of business in April 2021 to take advantage of improving market conditions following a period of disruption caused by the COVID-19 pandemic and government-mandated lockdowns.

The contingency line includes event cancellation coverage on an all risks or named perils basis, as well as non-appearance insurance, prize indemnity, bespoke parametric solutions, and transmission failure policies.

Foster said Clapham “brings an impressive combination of technical underwriting skill and robust knowledge of the latest pricing systems and tools to put IGI in good stead to start writing contingency business as the event world opens up again.”