Talbot Expands Australian Presence with the Appointment of a New Financial Lines Team
March 22 2016 - 4:16PM
Business Wire
Talbot Underwriting Ltd. (“Talbot”), a wholly owned subsidiary
of Validus Holdings, Ltd. (“Validus”), is pleased to announce the
appointment of David McKenzie and David Jones as class underwriters
of Talbot’s financial lines team. These hires will establish a
local presence for Talbot’s financial lines business in Australia
and drive growth in the region.
“We are thrilled to welcome David McKenzie and David Jones to
the Talbot team here in Australia,” said Adam Matteson, Managing
Director at Talbot Australia. “Having worked in Brisbane, Sydney
and London, Talbot’s new recruits have a proven track record of
developing unique solutions for the Australian financial
institutions market. I look forward to the opportunities they will
bring to our organization.”
David McKenzie brings more than 25 years of experience in
insurance, alternative insurance products and financial markets to
Talbot. He most recently served as State Manager of Queensland for
Axis Specialty Australia. David’s background includes prior roles
with Aon and Willis, and the founding and management of a
proprietary trading firm that invested in varied financial
products.
David Jones has more than 20 years of experience in the
insurance and banking markets and most recently served as State
Manager of Victoria at Axis Specialty Australia. David has also
worked in financial institutions, most recently at Chubb Insurance,
and previously held roles across alternative products in financial
markets and group treasury at the Commonwealth Bank of
Australia.
James Skinner, Active Underwriter at Talbot, said: “As Talbot
expands its platform in Australia, it is imperative that we bring
in talented individuals with deep expertise in Australia’s
financial institutions sector. I am confident that their experience
and knowledge of the market will be invaluable as we continue to
support our clients and grow our footprint in the region.”
About Talbot Underwriting Ltd.
Talbot Underwriting Ltd. operates within the Lloyd’s insurance
market through Syndicate 1183. Syndicate 1183 focuses on
underwriting a number of specialty risks including marine,
aviation, transport, energy, terrorism, political risk, accident
and health, construction, contingency, financial institutions,
property and treaty reinsurance. Syndicate 1183 has capacity of
£600 million for the 2016 underwriting year of account.
About Validus Holdings, Ltd.
Validus Holdings, Ltd. is a holding company for reinsurance and
insurance operating companies and investment advisors including
Validus Reinsurance, Ltd. (“Validus Re”), Talbot Holdings Ltd.
(“Talbot”), Western World Insurance Group, Inc. (“Western World”)
and AlphaCat Managers, Ltd. (“AlphaCat”).
Validus Re is a Bermuda based reinsurer focused on short tail
lines of reinsurance. Talbot is the Bermuda parent of the specialty
insurance group primarily operating within the Lloyd's insurance
market through Syndicate 1183. Western World is a U.S. specialty
lines insurance company focused on excess and surplus lines.
AlphaCat is a Bermuda based investment adviser managing capital for
third parties and the Group in insurance linked securities and
other property catastrophe reinsurance investments.
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Media:Brunswick GroupDania Saidam+44 20 7404
5959Validus@brunswickgroup.com
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