London's top underwriters ranked: Gracechurch - FREE

London's top underwriters ranked: Gracechurch - FREE

london cityThe most popular London Market underwriters can be found at Beazley, XL Catlin, Chaucer, Liberty Specialty Markets, Tokio Marine Kiln and Watkins Syndicate, according to a survey by consultant Gracechurch.

The report, now in its third year, lists the underwriters who are voted as market leaders by fellow underwriters and by brokers. 

While the aforementioned firms appeared in both rankings, from brokers as well as underwriters, other London underwriters ranked highly by brokers included those at Ascot, Amlin, MAP and Talbot. 

As well as ranking nearly 900 individual underwriters, Gracechurch said it has analysed over 6,000 qualitative responses and identified a number of characteristics that define leading underwriters. 

Ben Bolton, Gracechurch CEO, said: “While the separate rankings show differences in the characteristics admired by underwriters and brokers, the combination of both sets of data makes for a unique 360 degree view on what makes great underwriters.

“Modern underwriting teams need to have a killer combination of soft skills, experience and technical mastery that gets them shown the best quality business first. Teams also need to be diverse to function at their best. However this can create volatility, so the leadership has to pull off the trick of ensuring that the teams have the right support to develop over the long term. Ultimately it is building experienced teams that creates the most value for the insurer.”

“One key finding is that brokers and underwriters have somewhat different views of what characteristics they are looking for and this matters in terms of how underwriters work with both their peers and their brokers. The approaches for each audience require different mixes of capabilities and this should be built into talent management plans and a team’s diversity.”


Top Ten – voted by underwriters

Insurer

Underwriter

Business line

Watkins Syndicate

Dominick Hoare

Energy

XL Catlin

Stephen Hawkins

Energy

Tokio Marine Kiln

Tim Prifti

Accident and health

Beazley

Clive Washbourn

Marine

Liberty Specialty Markets

Bill Halligan

Aviation

Beazley

Jonathan Gray

Property

XL Catlin

Graham Hawkins

Specie and Fine Art

Beazley

Philip Sandle

Marine

Chaucer

Peter Wakefield

Aviation and space

Beazley

Simon Jackson

Property

 

 

 

Top Ten as voted by brokers

Insurer

Underwriter

Business line

Ascot

Mark Pepper

Reinsurance

Watkins Syndicate

Dominick Hoare

Energy

MAP

Richard Trubshaw

Reinsurance

Chaucer

Nick Kilhams

War & geopolitical risks

Talbot

James Bamford

War & geopolitical risks

Tokio Marine Kiln

Chris Jones

Casualty / non marine liability

XL Catlin

Richard Golder

Marine

Beazley

Clive Washbourn

Marine

Amlin

Bob Mellor

Property Reinsurance

XL Catlin

Graham Hawkins

Specie and Fine Art



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