Specialty insurer and reinsurer IQUW Bermuda has announced the appointment of Tristram Prior as head of specialist product lines and cyber insurance, where he will lead the launch of directors and officers (D&O), financial institutions (FI) and cyber insurance products in Bermuda.
Subject to immigration approval, Prior will relocate to Bermuda to lead the development of new D&O, FI and Cyber investment portfolios.
He will report to James Mitchell, who was appointed IQUW Bermuda Chief Underwriting Officer in October 2025 and will be responsible for leading all reinsurance underwriting.
Prior has been with IQUW for nearly five years and has served as lead underwriter for the Financial Institutions Professional Line since April 2023.
The product expansion in Bermuda reflects the growing demand for complex risk solutions across specialist product lines, cyber and real estate markets amid a changing regulatory environment, digital transformation and rising risk complexity.
IQUW aims to provide clients and brokers with underwriting expertise and data-led risk solutions across key international markets through new products.
This announcement follows IQUW Re Bermuda’s expansion of reinsurance products into mortgage, credit and cyber businesses in September 2025.
Mitchell commented: “We are delighted that Tristram has agreed to join the IQUW Bermuda team to drive our underwriting strategy, which recognizes our ability to promote talent from within the IQUW Group. His deep technical expertise and proven leadership skills make him the ideal choice to lead the introduction of a range of new businesses in Bermuda.
“The expansion of our product offering will enhance our ability to provide a wider range of solutions to clients and brokers globally. This represents another successful milestone in the development of the Bermuda platform as a global (re)insurance hub for the IQUW Group.”
Prior added: “I am delighted to take on this new challenge to help establish IQUW Bermuda as a specialist insurance and cyber insurance market, ensuring we continue to deliver our data culture, insights and human expertise to deliver a seamless and efficient service proposition to brokers.”
