MGU Palisade Insurance hires senior leader from Aon
Palisade Insurance Partners, a specialty managing general underwriter, has boosted its leadership team with two senior hires for its US and European risk divisions.
Scott Stevenson has been appointed as head of US risk at Palisade Insurance in New York, while Mark de la Haye will assume the role of head of UK and Europe risk, based in London.
Stevenson has more than 12 years of experience in the legal industry. Stevenson joins Palisade from Aon Special Opportunities Group, where he served as senior vice president and led a team specialising in underwriting contingent legal and related risks. Previously, Stevenson worked at Wachtell, Lipton, Rosen & Katz, where he handled complex transactions and advised on strategic investments and corporate governance matters. He began his career as a law clerk, first at the US district court for the middle district of Florida and then at the US court of appeals for the Eleventh Circuit.
With two decades of experience in dispute resolution and litigation fund and investment management, Haye joins Palisade from Augusta Ventures, where he served as head of resolutions and helped oversee both underwriting and insurance requirements for a range of investments. Previously, Haye served in private practice, most recently as a solicitor at Clyde & Co., representing clients in complex and often multi-jurisdictional litigation and arbitration cases.
John McNally, president and head of underwriting at Palisade, said: “We are pleased to welcome Scott and Mark, two highly regarded professionals with extensive experience within the legal, litigation, finance, and insurance industries. For the last three years, Scott has been a leading underwriter of contingent legal risks in the insurance market after practicing at a premier US law firm. Mark has considerable experience managing litigation investment portfolios, including a focus on insurance requirements. Scott and Mark will broaden and strengthen Palisade’s capabilities to provide comprehensive risk transfer solutions and detailed litigation underwriting for our clients and partners.
“Palisade is ideally positioned to serve the fast-growing demand for contingent legal risk insurance, including from corporate clients, law firms, asset management funds, and specialty finance vehicles. The addition of these executives will greatly enhance operations as we continue scaling Palisade’s growing network of insurance partners.”
Stevenson commented: “Palisade has an impressive capability to solve complex insurance issues. I look forward to combining my litigation and insurance underwriting experience to strengthen Palisade’s unique platform and pursue creative solutions for specialised insurance matters across the legal spectrum.”
Haye added: “Palisade has created a strong platform to deliver innovative litigation and transactional insurance solutions for a wide variety of clients. I am excited to apply my legal background together with my litigation finance experience to further develop Palisade’s offering and strategic direction during this exciting period of growth.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
