23 April 2014 Insurance

Endurance hires property exec from ANV

Bermuda-based re/insurer Endurance Specialty has appointed Richard Housley, formerly of ANV’s Lloyd’s syndicate, as executive vice president and global practice leader for property insurance.

Housley has extensive experience in property insurance markets where he has held various underwriting and management roles for almost 30 years.

He joins Endurance from ANV's Lloyd's syndicate, ANV Syndicate Management, where he was underwriting director. This was a continuation of his role at Flagstone Syndicate Management which ANV acquired in 2012.

Prior to Flagstone, Housley served at Axis Insurance since 2002, most recently as chief executive officer of the specialty lines division responsible for Axis' property, casualty and marine insurance business. During his tenure at Axis, he also served as chairman of Axis Specialty Europe, global leader for the property and energy practice, and president of Axis's global insurance segment.

In addition to launching the company's property business in London, he will work closely with Doug Worman, chief executive officer of US Insurance to build the company's property book in the Americas and globally.

Housley will also serve as general manager for Endurance's London office and report to Graham Evans, chief executive officer, international insurance.

Evans said: "Richard has an exceptional reputation as a skilled underwriter along with extensive relationships across the primary brokers serving this market. Under his leadership, we will no doubt quickly establish Endurance as a meaningful player in the London property market and significantly enhance our offerings and prominence in the key property insurance markets around the world."

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