Aqueous makes senior hire to grow PI book and footprint in UK market

Specialist MGA and Lloyd's coverholder  Aqueous Underwriting has hired a senior underwriter from Manchester Underwriting it looks to grow its professional indemnity (PI) book and footprint within the UK market.

Alex Stephenson (pictured) joins Aqueous having spent 10 years at Manchester Underwriting. He has previously worked at RSA and at broker Millers.

Aqueous currently writes PI for a wide range of trades and professions.

Aqueous chief underwriting officer Mark Ford said: “Being able to bring someone of Alex’s market knowledge and experience into the Aqueous underwriting team is a sign of our commitment to realising the growth ambitions we have in the professional indemnity sector. His expertise in writing PI across a broad range of professions really adds to the strength in depth we are developing.

“We have some ambitious growth plans, and together with the continued support of our capacity providers, I have little doubt we’ll be able to achieve them.”

Stephenson added: “I recognise the positive direction the business is going in and I’m looking forward to playing my part as it grows.”

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