Shipowner-controlled insurance provider Gard has appointed a chief underwriting officer for London.
The newly created post, effective March 2020, will see internal hire Magne Nilssen (pictured) take responsibility for all business routed through the company’s London branch. At the same time he will continue to lead the offshore energy and marine builders risk segment.
“London is a focal point for the global marine insurance industry, with almost one third of the world’s marine and energy premiums being placed there,” noted Gard group CUO Bjornar Andresen.
“As a market-leading player, we want to make sure our presence in this centre reflects its importance with a first-class team. The depth of Magne’s experience and breadth of expertise across our entire product range makes him an excellent fit.”
