Pioneer launches property E&S operation with new hire

Lloyd’s accredited Pioneer Underwriters has launched a new property excess and surplus (E&S) and hired David Phillips to lead the team based in Alpharetta, Georgia.

Phillips has over two decades of property insurance experience to Pioneer. He began his property facultative career in 1991 with J. Linneman & Company, which was acquired by Wellington Underwriting in 1999. Phillips spent the next 12 years developing underwriting strategies and growing Wellington’s book via four regional offices in Atlanta, Hartford, Chicago and San Francisco.

Phillips will write exclusively on a non-admitted basis, offering both primary and excess layers. A broad spectrum of classes including commercial real estate, bank schedules, hospitality, manufacturing, entertainment and habitational (excess only) business will be considered. The team will write all types of covers including All Risk, difference in conditions (DIC) and Specified Perils.

Gene Hinman, CEO of Pioneer in the US said: “We are pleased to welcome the team to Pioneer. This specialist line of business, coupled with David’s technical expertise and extensive industry knowledge will be a perfect fit for our sophisticated underwriting platform.  The new team brings further diversity to Pioneer’s broad product offering, delivering more for our clients and brokers.”

Commenting on his appointment, Phillips said: “Pioneer has a deserved reputation for offering specialist expertise to their business partners. I look forward to being part of the Pioneer team and developing our offering in the US market.”

Pioneer Underwriters operates as a risk carrier and managing general underwriter (MGU) with full delegated underwriting authority in over 120 Lloyd’s class codes using a pre-analysed broker portfolio as its foundation. In the US Pioneer operates via its offices in New York, Atlanta, Chicago and Philadelphia via a network of retail and wholesale brokers. It is focused upon specialty risk solutions including E&S casualty, financial products, diversified financial services, securities broker-dealers, allied healthcare, environmental liability and specialty contractors.

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