Bluefin Underwriting has appointed Mike Fenton as Head of Distribution of its new specialist motor underwriting team.
Mike has over 30 years of experience in the market and joins Bluefin Underwriting after 13 years at Towergate, where he held a number of senior positions most recently Managing Director of Personal Motor Underwriting.
He will be responsible for the distribution of specialist motor products, via Bluefin Underwriting’s broker partners. The specialist team will provide underwriting solutions for many types of motor risks, including adverse history & hard to place car & van risks, classic & collectable cars, modified vehicles, motor homes, kit cars and motor bikes. Mike will report into Paul Drake, Chief Underwriting Officer of Bluefin Underwriting.
Mike Fenton commented: “We have a superb opportunity to become one of the leading markets in specialist motor, offering less price sensitive and less commoditised solutions to brokers with more diverse and hard to place risks. They (the brokers) are all too often left with very limited and/or restrictive options for the non-vanilla, off screen risks, of which there will always be plenty. As a team we will look to provide products to accommodate many of these non-mainstream/hard to place risks, but just as importantly, we will also look to supply brokers with access to people with the experience to consider these risks in real time. It’s a very exciting time for me personally, and I’m sure for Bluefin Underwriting as a whole”
Paul Drake commented: ‘’Mike’s arrival is the final senior ‘piece of the jigsaw’ in establishing Bluefin Underwriting’s specialist motor team, following the hiring of Jon May and a team of underwriters over the last 6 months. He is highly regarded by his peers and is exactly the calibre of individual that we require to ensure that Bluefin Underwriting delivers its strategy. Having quietly focussed on establishing strong foundations for the business, this new team, headed by Mike and Jon, is tangible evidence of our growth aspirations. There is more to come and there are exciting times ahead for Bluefin Underwriting.’’