Marketform hires QBE exec

Specialist Lloyd's underwriter Marketform has appointed Alistair Marriott as joint deputy head of marine and class underwriter cargo.

He will join Stephen Barr, marine director, and Angus Wilson, joint deputy head of marine and class underwriter hull and war in the company’s marine division.

Marriott joins from QBE, where he has served for the past 12 years as cargo portfolio manager.

John O'Neill, chief executive officer, Marketform Managing Agency, said: “Marine market conditions remain challenging across all the classes, but we are confident in Alistair’s ability to develop an account which is sustainable and which will allow us to grow profitably as opportunities present themselves. The arrival of Alistair adds significant leadership in the cargo class to our Marine offering and we are delighted to have him as part of our team.”

Barr added: “Over the last 12 months we have focused on how best to position our marine business in a very competitive environment. Our aim is to provide leadership and meaningful capacity in the core classes we underwrite, thereby giving the products and service our clients and brokers demand at competitive prices.

“The addition of Alistair to write cargo opens up the opportunity to underwrite stock throughput as well as conventional cargo on a world-wide basis. With the backing of brokers, the reinsurance market and our parent Great American Insurance Group, we will pursue a more robust cargo underwriting strategy which will complement our other lines.”