Argenta Syndicate Management Limited (ASML) has announced the appointment of Philip Hancock (pictured) as head of engineering and construction, effective immediately.
In this new role, Hancock will be based in London and is responsible for leading the firm’s global engineering and construction business while overseeing underwriting and business development.
According to his LinkedIn, Hancock is a seasoned industry veteran with close to three decades’ experience in engineering and construction insurance in the London market. Prior to this new role, Hancock worked at Ensurance UK, where he was head of underwriting and international engineering.
He also worked as an underwriter at WISE Underwriting Agency before holding the head of engineering role for London at Brit Syndicate 2987. Hancock also held senior underwriting positions at Montpelier Syndicate 5151, TSM Syndicate 1110, Navigators Syndicate 1221, AIG Europe, Copenhagen Re, and SCOR UK.
Hancock will report to Argenta deputy active underwriter and head of specialty Barney Smythe.
“The engineering and construction industries have faced a number of challenges over recent years,” Smythe said. “Remaining at the forefront of these evolving risks is vital as we continue to deliver on our vision for our partners and clients. Having the right talent in place is central to our strategy and Philip’s significant UK and international underwriting experience, alongside his understanding of the technical issues faced by our clients, strongly positions our business for the next stage of development and growth.”
A few weeks ago, the syndicate’s parent company Argenta Holdings also announced the appointment of Adam Cragg as group chief operating officer, pending regulatory approvals.
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