AmTrust restructures PI division ahead of ambitious growth plans
AmTrust International has announced the appointment of Steven Moore as Lead Underwriter for Professional Indemnity within their Specialty division. Steven will be based in London reporting to Bruce Whitmee, Chief Underwriting Officer (subject to regulatory approval) and Angel Mas, Chief Executive Officer at AmTrust Europe Limited (AEL).
Steven has worked in the Professional Indemnity market for over 25 years and has been with AmTrust since 2014, writing risks for UK domestic, international and multi-national firms. Prior to this, Steven worked for 17 years at Royal & Sun Alliance as London Market Professional Indemnity Underwriting Manager.
Russell Newell, AmTrust’s former Lead Underwriter for Professional Indemnity, is moving across to Collegiate, AmTrust’s wholly-owned Professional Indemnity MGA, in order to bring his significant knowledge and expertise to the underwriting unit within that operation. Russell has been a leading Professional Indemnity underwriter for over 30 years, having worked at Aegon, Canopius and AmTrust, and is a past chairman of PI Forum and was instrumental in introducing the Professional Indemnity examinations.
Bruce Whitmee, Chief Underwriting Officer, AmTrust Europe Limited said: “We are delighted for Steven to take on this important role for AmTrust, where his experience and expertise in writing a wide range of Professional Indemnity risks will be greatly valued. Professional Indemnity is a key line of business for AmTrust and an important component of our growth plans. AmTrust is actively investing in Professional Indemnity and seasoned professionals such as Steven will help us deliver on this objective. Russell’s move to Collegiate will assist us in broadening their offering and help us in our aim of making Collegiate the leading MGA in the financial lines SME market.”
Authored by AmTrust International
AmTrust International (AI), the global insurance operation of AmTrust Financial Services Inc, comprise of four regulated companies – AmTrust Europe Limited, AmTrust at Lloyd’s Limited, Car Care Plan and AmTrust International Underwriters Designated Activity Company.
Since its founding year in 2003, AI have significantly expanded into Europe, Asia and South America and today employ more than 1200 staff in 26 locations.
Delivering bespoke insurance solutions around the world, backed by outstanding service, AmTrust International have the knowledge, skills, financial strength, technology and global licences to provide a comprehensive range of risk solutions worldwide.
Rated “A” Excellent by A.M.Best and with a Lloyd’s of London platform backed by the Lloyd’s of London chain of security, the underwriting entities within AmTrust International have the strength and the resources to support your business for the long term.
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