Hamilton hires Markel exec as treaty head

Hamilton Underwriting, the Lloyd’s managing agency of Bermuda-based holding company Hamilton Insurance Group, has appointed Trevor Carvey as head of treaty.

He will be tasked with developing a profitable reinsurance treaty portfolio for Hamilton’s Lloyd’s syndicate, which will complement other lines of business written within Hamilton.

Carvey will report to Dermot O’Donohoe, chief executive officer of Hamilton Underwriting.

He joins from Markel Europe, where he held the position of executive vice president and chief underwriting officer. Carvey was also branch manager of Markel Europe’s UK branch and group leader of Markel’s specialty practice group.

O’Donohoe said: “I am delighted to welcome Trevor to the team. Since acquiring Syndicate 3334 in April, we have focused on establishing the infrastructure needed to support the business plan for 2016 that we have submitted to Lloyd’s.

“Trevor’s addition marks the start of our product diversification and, as such, represents an important milestone in the development of the syndicate.”

Kathleen Reardon, CEO of Hamilton Re, added: “We’re thrilled that Trevor is joining the Hamilton group. He is a highly respected underwriter and portfolio manager who will add valuable insight and perspective to the group-wide team as we seek to expand the offerings available to our clients.”