Evolin Broking Limited, an independent London market wholesale insurance broker, has launched its new construction division.
Steve Downing has been appointed as head of construction, effective immediately. Based in London, Downing will report to managing director Chris Baulf.
In his new role, Downing will oversee the development of the construction offering, which will include construction all risks, erection all risks, builders’ risk, delay in start-up, and third-party liability.
This new offering will complement the firm’s existing construction liability services. Downing will also focus on recruiting talent to support product development and distribution.
With more than 30 years of industry experience, Downing has held senior roles at Lockton, Willis, and, most recently, Miller Insurance Services, where he was as an account executive.
Baulf highlighted the potential in the construction sector and the role of the new division.
“We see immense opportunity in the construction sector. With Steve’s expertise and network, we can build an exceptional team and offering, continuing to adapt to our clients’ needs and the evolving risk landscape. I look forward to working with Steve to bring best-in-class construction solutions to market,” Baulf said.
Downing also commented on Evolin’s recent growth and his new position.
“Evolin has seen considerable growth in 2024, with the addition of its casualty division as well as new facilities for its clients. Establishing and leading the new construction division is a great opportunity, and I look forward to working with Chris and the rest of his team to continue supporting the company’s growth trajectory,” he said.
This expansion marks a significant step in Evolin’s strategy to broaden its service offerings.
Last year, the company launched its casualty division, with Kalanie Settle-Rhodes as head of casualty. Shelly Leake was also appointed as senior broker, while Oliver Hutchins was named account executive.
