Independent specialty managing general agent (MGA) HIVE Underwriters has appointed Richard Brown as Head of Property to lead the launch of its global Property Direct & Facultative (D&F) business.
The establishment of a new portfolio aligns with the MGA’s long term goal of expanding its underwriting capabilities across global specialty markets.
In his new role, Brown will lead the development of a new team focused on writing a global property D&F portfolio.
The new class will build on HIVE’s combination of specialist underwriting expertise, advanced analytics and proprietary technology, and focus on disciplined risk selection, long-term partnerships, and sustainable portfolio performance.
Brown has over three decades of experience in UK and international property insurance, and was most recently the Head of UK and International Property for Sompo.
He also brings extensive market expertise and a strong track record of building and leading high-performing underwriting teams.
Bruce Carman, Chief Executive Officer, HIVE Underwriters, commented, “We’re delighted to welcome Richard to HIVE to lead our entry into Property D&F. His depth of property expertise and track record of building successful teams make him ideally placed to develop this important new class.
“Our approach is to bring exceptional underwriters together and give them the tools, data and autonomy to perform at their best. Richard’s appointment reflects that commitment and our ambition to build a specialty underwriting platform that delivers long-term value for brokers, clients and capacity partners.”
Brown added, “I’m excited to be joining HIVE and to have the opportunity to build its Property D&F business. HIVE’s entrepreneurial culture, collaborative approach and investment in technology provide a strong foundation for developing a disciplined global property portfolio.
“My focus will be on building a team that combines deep technical expertise with responsive service and strong broker relationships. By bringing market experience together with better information and insight, we aim to give brokers a trusted underwriting partner for their clients’ property risks.”
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