New Dawn Risk builds out treaty team with senior hire from Emirates International

Specialist insurance intermediary New Dawn Risk Group has hired Dermot Dick, most recently chief underwriting officer at Emirates International, to build out its treaty team.

Dick has been appointed head of treaty production.

Prior to joining New Dawn, Dick was CUO of Emirates International, SVP at XL Re in London underwriting a book of Middle Eastern reinsurance business and chief executive of QRe in Qatar.

“Over the last decade we have built a robust treaty business and a strong offering in the Middle East, Africa and Asia. Dermot’s depth of experience in those regions, the strength of his relationships and in-depth knowledge means we are able to offer cedants an even more valuable proposition,” said Max Carter, CEO of New Dawn Risk.

Dick added: "It is very exciting to be joining New Dawn Risk at such a pivotal moment in their development and be part of the next phase of their growth. I have watched their progress with interest and admiration and am confident that we are offering a credible and innovative alternative to the big players and access to key developing markets.

"We will grow that footprint across all emerging markets worldwide and encompass all treaty classes to add to our speciality expertise."