SCOR Specialty snaps up Starstone leader for marine expansion

SCOR Specialty Insurance, a part of global reinsurer SCOR, has appointed a senior executive from Starstone to its marine insurance team to help identify opportunities for growth in the hardening market.

Richard Morris will join SCOR Specialty Insurance’s marine team, operating alongside the existing fine art and cargo books.

Morris' account will focus on lewellers block & cash in transit. He will be based in London and report to Gregory Delaisse, global head of marine single risk underwriting.

Morris was previously at Starstone where he led the specie account. He brings over three decades of industry experience and is a member of both the London Insurance Specie and Technical Committees.

Delaisse said: “Richard is a great addition to our team. The Specie market is experiencing a true hardening and capacity is becoming increasingly constrained. We now have a leader with over 30 years’ experience & expertise and I look forward to working with him as we identify opportunities for growth.”

Nick Forti, deputy chief underwriting officer for SCOR Specialty Insurance, added: “I am delighted by Richard joining our Lloyd’s platform whilst being part of our global Marine team with access to our SCOR licenses. This completes our Marine offering to both our clients and distribution partners as we continue developing our strategy to build a client- centric, licence-flexile Specialty Insurance platform able to offer leadership solutions across a growing number of products.”