Avid Insurance Services is welcoming specialist underwriter Michael Patchett (pictured right) to the team following the announcement that Mark Cliff has joined the company as its new chairman.
Patchett specialises in the equine, motorsport, and leisure markets. Before joining Avid, he served as the head of specialty at Lloyds Syndicate DTW 1991. He also held senior underwriting roles at some of the UK’s leading insurance providers, including R&Q Just Underwriting Group Limited and Aon Limited.
Stephen Gibson, the managing director of Avid, said the latest appointment aligns with his plans to build out the underwriting expertise of the business.
“I’m delighted to welcome Michael to Avid. He is hugely experienced with nearly 35 years in the industry and brings added breadth to our proposition,” he said. “The pandemic put a temporary hold on our search for senior underwriting talent, but we now want to move ahead at pace and make more appointments during the next few months.”
Patchett commented: “Personal relationships have been key to the long-term success of my portfolio, and many of my brokers and contacts have traded with me during this entire period. I am excited to be joining Avid at this stage in its journey. Steve Gibson, John Inwood (commercial director), and the team share the same business philosophy as me and are the perfect partner for the next stage of my career.”
