HIVE Underwriters, an independent specialty managing general agent (MGA), has announced the appointment of Kenrick Aldrich as Head of Capacity Management.
In his new role, Aldrich will focus on expanding HIVE’s insurance panel and deepening long-term capacity support across its multi-class specialty offering, working closely with the company’s leadership and underwriting teams.
He joins HIVE following five years at Howden Re, where he served as a Director. Prior to that, he was Deputy Managing Director – Treaty Division at United Insurance Brokers Limited.
Aldrich’s appointment marks HIVE’s first hire from the broking market and establishes a dedicated in-house function to further develop its independent panel of insurers and Lloyd’s syndicates.
Bruce Carman, CEO of HIVE Underwriters, commented, “Kenrick’s appointment marks a significant development for HIVE. As we grow our multi-class specialty offering, the strength of our independent insurance panel is fundamental to our strategy. Bringing this expertise in-house gives us a dedicated focus on developing that panel around our underwriting teams and the opportunities we see ahead.
“Our first hire from the broking market is an important investment in HIVE’s future. Kenrick brings a valuable perspective and will play a pivotal role in strengthening the relationships that underpin our business, while opening new avenues for sustainable growth.”
Kenrick Aldrich, Head of Capacity Management at HIVE Underwriters, added, “HIVE has a clear ambition for its future, and the opportunity to help turn that ambition into growth is compelling. Working within the business will allow me to combine my broking perspective with a close understanding of our underwriting teams’ expertise, portfolios and plans.
“HIVE’s growing team of experts, together with its investment in proprietary technology such as HIVE Sentinel, provides a strong foundation for disciplined, profitable underwriting. That combination of specialist judgement and deeper insight into risk is central to building lasting confidence among our insurance partners. I look forward to working with Bruce and the wider team to expand HIVE’s independent insurance panel and deepen the long-term support for its multi-class specialty offering.”
