Lancashire in spate of senior hires

Lancashire Holdings has announced a number of senior underwriting appointments to support the continued growth in the business.

James Flude, currently chief underwriting officer (CUO) at Lancashire Insurance Company (UK) Limited, will assume an additional role of Group CUO for its insurance business. James Irvine, currently CUO at Lancashire Insurance Company Limited, will assume an additional role as Group CUO for the firm’s reinsurance business.

In those capacities, they will each report to Paul Gregory as Group CUO. Subject to regulatory and immigration approvals, Nick Thompson, currently Group head of Non-Marine Reinsurance Strategy, will replace James Irvine as CUO, Lancashire Insurance Company Limited, next year.

John Spence, previously active underwriter of Syndicate 3010, is to be appointed CEO of Lancashire Syndicates Limited, subject to regulatory approval, and Jon Barnes, currently active underwriter of Syndicate 2010, will be appointed to a new role as CUO of Lancashire Syndicates Limited.

Matthew Narbett and Matthew Thomas will become active underwriters of Syndicate 2010 and 3010 respectively. Both were previously deputy active underwriters for the respective syndicates.

Alex Maloney, group chief executive officer, commented: “The appointments we are announcing today are all promotions from within our existing underwriting teams. This is testament to the strength of talent, knowledge and experience that we have at Lancashire, in underwriting and across the wider business.

“I am delighted that our long-term investment in developing our people means that we are able to reward and promote colleagues when suitable opportunities arise.”