Specialty re/insurer IQUW has introduced the appointment of three senior executives to its Property workforce, Mike Barrett, Jonathan Powell and Charles Tinworth.
The brand new hires, IQUW acknowledged, will improve service to brokers and assist the strategic development of the business each in London and internationally.
Barrett was named Lead Underwriter for Property Direct and Facultative (D&F) and will likely be primarily based in London, reporting to Robbie MacDonald, Head of Property D&F.
He brings over ten years of expertise in property insurance coverage, specialising in open market US and Canadian property dangers, becoming a member of from Lockton the place he served for practically 5 years, most lately as Senior Vice President of P&C Specialties.
In his new function Barrett will likely be liable for serving to to form and execute the Property D&F workforce’s technique.
Bringing over 4 many years of expertise within the Lloyd’s and London insurance coverage markets to IQUW, Powell will take over the function of Senior Underwriter for Property Delegated Authority (DA).
Primarily based in London, he will likely be liable for supporting the expansion and implementing the re/insurer’s technique for the Property DA ebook; will report back to Tom Hennessey, Head of Property DA.
Powell labored at Bishopsgate Insurance coverage Brokers for 3 years as Managing Director earlier than becoming a member of IQUW in February 2024. Earlier than this, he was an Underwriter at Neon from 2017 to 2020 and was beforehand an Underwriter at Hiscox for over ten years.
Tinworth was appointed Senior Property Underwriter and brings over a decade of expertise within the London and Lloyd’s property insurance coverage markets.
He joined IQUW in January 2024 from Allianz Industrial the place he was Senior Property Underwriter from 2022 to 2024. Previous to Allianz, he held the identical place at AIG for practically two years.
Primarily based in London he will even report back to MacDonald, who commented: “We’re completely delighted to welcome individuals of Mike and Charles’ calibre and expertise to IQUW.
“This is yet another example of our commitment to the continued growth of our Property D&F proposition and will further position us to provide the exemplary service and quality of product that clients have come to expect of IQUW.”
“These important additions to our team builds on the IQUW approach of combining data, automation and human expertise to deliver swift decisions and value to our broker and coverholder partners. We’re excited for what we will be delivering to our broking partners in 2024,” Hennessey and MacDonald additional added.