Mitsui Sumitomo develops portfolio
Mitsui Sumitomo at Lloyd’s, the UK non-life insurer, has appointed two underwriters as its Syndicate 3210 seeks to diversify products and distribution.
Joe Warner joins the professional indemnity team as a senior underwriter from Hiscox. He will support the syndicate’s UK and international expansion. The syndicate is developing its products to support both web-based trading and the packaging of professional indemnity with other property and casualty classes.
As part of a long term strategic alignment between Mitsui Sumitomo and Nexus Underwriting Management, the syndicate has also appointed Andrew Pecover. He will lead Syndicate 3210’s evolving D&O business. Although Syndicate 3210 writes some financial lines business via Nexus, it is now rolling out a broader product capability and distribution strategy.
“We are delighted that Joe and Andrew are joining our professional indemnity and D&O team as we seek to capitalise on recent product diversification and the implementation of a broader geographical strategy,” said Andrew Dougall, underwriting manager, casualty, professional lines, accident & health at Mitsui Sumitomo Syndicate 3210.
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