Markel hires head of North American property reinsurance from Hiscox

Specialist insurer Markel International has appointed Nick Lazarus as managing director of North American property reinsurance, based in London.

Lazarus was previously senior underwriter at Hiscox and, latterly, was actively involved in the fronting of the Hiscox Re ILS funds and the marketing of its outward reinsurance relationships.

In his new role, Lazarus will work closely with Peta White and her teams in Bermuda and Summit, New Jersey, to strengthen Markel's reinsurance offering to cedants worldwide.

Andrew Barnard, head of London reinsurance for Markel, said: “As a top 40 global reinsurer we need a strong, active and visible presence in the London, to support our international positioning and source business from this important market. We have a lot to offer and Nick’s established knowledge and contacts in London will help us make best use of that.”