IGI hires Marc Sullivan as Class Underwriter for Downstream Energy

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International General Insurance Holdings Limited (IGI), the international specialist commercial insurer and reinsurer, today announced the appointment of Marc Sullivan as Class Underwriter, Downstream Energy, based in IGI’s London office.

Marc has many years of industry experience and joins from Barbican Insurance Group, where he worked as Class Underwriter for Downstream Energy. Before joining Barbican, Marc spent eight years at CV Starr, where he worked his way up through the ranks from Underwriting Assistant to Senior Underwriter. Marc’s expertise has focused on international and U.S. downstream energy market risks.

Marc will be responsible for maintaining IGI’s current book of business for downstream energy, including oil, gas & petrochemicals.

“I am delighted to welcome Marc to the team in London,” said Graham Hensman, Head of Energy at IGI.   “Energy has always been and continues to be a core book of business for IGI, and Marc’s experience and market reputation make him an important addition to our team of underwriters who are based in London, Dubai, Kuala Lumpur, Casablanca, and Amman, Jordan. Marc’s appointment is part of our ongoing commitment to strengthening the depth of our underwriting talent.”

“It is an exciting time to be joining IGI as the Company enters its next phase of growth and evolution,” said Marc. “The Downstream Energy market has gone through a particularly challenging phase in its cycle, with carriers pulling out due to inappropriate pricing levels combined with a sustained level of losses. IGI’s strategy has enabled the Company to successfully underwrite their way through the soft market, leaving them in a strong position going forward as the market continues to harden.”

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About IGI

Established in 2001, International General Insurance (IGI) is a global privately-owned specialist commercial insurer and reinsurer. Our vision is to be the company of choice for clients and brokers through market-leading service and our reputation for stable management and capital security.

A diverse and highly experienced team of underwriters operates our office in London. We also have offices in Dubai, Amman, Casablanca and Kuala Lumpur.

Our diverse portfolio of specialty lines includes Energy, Property, Construction & Engineering, Ports & Terminals, Financial Institutions, Aviation, Professional Indemnity, Political Violence, Legal Expenses, D&O, Casualty, Forestry and Treaty Reinsurance.

Standard and Poor’s upgraded our financial strength rating to “A- “, with a Stable outlook. A.M. Best rated the company A- (Excellent), with a Positive outlook, stating, “the revised outlook reflects IGI’s consistent record of very strong operating performance and the continuous improvement in its enterprise risk management framework.”

We take pride in providing proactive claims management, coupled with open communication, leading to the efficient handling of claims. We endeavour to act fairly and honourably in our relations with clients and brokers. 

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