7 March 2018Insurance

AmTrust taps Talbot trio to boost A&H management at Lloyd's

Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations.

William Waddell-Dudley and Jahangez Chaudhery have been appointed as joint heads of A&H, and Fraser Waters as an A&H underwriter for AmTrust at Lloyd’s. All three join from Talbot Underwriting.

The AmTrust Group A&H team is led by Jean-Paul Broodbakker, general manager working alongside Hayden Langford - sales director, Ian Gadsdon - underwriting manager, and Hywel Jones - general manager AmTrust Consumer Accident & Health.

Broodbakker and Hayden Langford recently joined from Chubb, and Ian Gadsdon from AIG Europe. AmTrust A&H MGA, AmTrust Underwriting, is led by Matthew Stark, with a focus on UK A&H business.

The AmTrust at Lloyd’s A&H team provides tailored protection for businesses and individuals against personal accident, medical expenses and travel risks on a direct and reinsurance basis.

Chris Jarvis, director of underwriting, AmTrust at Lloyd’s, said: “We are delighted to welcome Jahangez, William and Fraser to AmTrust at Lloyd’s. Having strong relationships aligned to knowledge and experience is essential in today’s market and I am confident that their well-established reputation and industry expertise will contribute to cementing our current position as one of the top A&H Lloyd’s syndicates and help drive profitable growth in our business more broadly. Their hire is yet further evidence of AmTrust’s ability and ambition to provide a platform for the industry’s best talent and I look forward to working with them.”

Max Caviet, CEO & chairman of AmTrust International, said: “Our current expertise and entrepreneurial spirit underpins our ability to help our clients in developing, launching, managing and growing a profitable and successful A&H book of business.

"As specialists, our goal is to provide the very best insurance coverage and service to groups, individuals, families and businesses of all sizes – from small and medium-sized companies to large multinational corporations. We are confident that our client-first approach will make us a natural fit for our select and long-term intermediary partners.”

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Insurance
2 March 2018   A group of investors is taking AmTrust Financial Services private to create a better environment to fix the problems that have been haunting the New York-based insurer. AmTrust needs to address financial controls as well as pricing and reserve adequacy issues.
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1 March 2018   Stone Point Capital, the Karfunkel Family, and the CEO of AmTrust Financial Services are acquiring the insurer in a transaction valued at approximately $2.7 billion.

More on this story

Insurance
2 March 2018   A group of investors is taking AmTrust Financial Services private to create a better environment to fix the problems that have been haunting the New York-based insurer. AmTrust needs to address financial controls as well as pricing and reserve adequacy issues.
Insurance
1 March 2018   Stone Point Capital, the Karfunkel Family, and the CEO of AmTrust Financial Services are acquiring the insurer in a transaction valued at approximately $2.7 billion.

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