MS Amlin mulls major expansion in US with new business launch
Lloyd's re/insurer MS Amlin Underwriting has launched a new business, MS Amlin Distribution Holdings (MS ADH), as part of its strategy to expand its presence in the US market.
David Mocklow has been appointed as US chief financial officer and chief claims officer, reporting into MS ADH chief executive officer (CEO) Johan Slabbert.
The newly formed sister company is a key part of MS AUL’s US underwriting strategy, announced earlier this year with the acquisition of US managing general agency International Transportation and Marine Office and its investment in ESG focused MGA InQlusiv.
The company said MS ADH will explore further acquisitions and investment opportunities for MS AUL, whilst serving as the holding company for future US based acquisitions.
Mocklow joins from Gramercy Risk Management, where he was head of strategy and corporate development, and brings more than 25 years of experience in re/insurance and capital markets. He previously held positions at investment banking firm Fox-Pitt Kelton Cochran Caronia Waller and at Aon, where he was a founding member of the Aon Capital Markets team in Chicago.
“I am very pleased and excited to have David on board as the first employee for MS ADH,” said Slabbert, CEO of both MS AUL and the new business.
“David has an excellent pedigree in helping build businesses and new business pipelines across the insurance industry. His work on the advisory side and as a strategist will help us build our platform and extend our brand in established and developing markets. David also has extensive experience using technology and innovative thinking, particularly on the claims side of the business, and I believe it is this combination of skills that will be invaluable as we continue to build a profitable and efficient business.”
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