Lloyd’s managing agent Argenta has appointed Stephen Haynes to be its new marine excess of loss underwriter.
The firm said that Haynes, based in London, will take on the role with immediate effect and will report to Heath Callan, head of energy and marine insurance at the firm.
Callan said: “It’s been a challenging period for global energy and marine industries. The ongoing conflict in Ukraine, navigating energy transitions, and the evolving concerns surrounding Environmental, Social & Governance (ESG) continues to challenge the energy sector – while the lingering impacts of the COVID-19 pandemic and the subsequent supply chain disruption, port congestion and crew issues has posed challenges in the marine industry. The constantly changing environment will bring new risk challenges in 2023.”
He added: “Stephen’s deep understanding of the energy and marine sector, as well as his strong contacts in the industry, will ensure that we can provide our partners and clients with the support they need as they seek to mitigate and transfer their risks and take advantage of real market opportunities in the years ahead.”
Haynes joins from AXIS Re (a division of AXIS Capital Ltd) where he was head of global energy and marine reinsurance. He joined Axis following the acquisition of Novae where he held the role of class underwriter, marine and energy reinsurance. Prior to this, Haynes held senior underwriting positions at Platinum Re, St Paul Re and was class underwriter, marine and aviation reinsurance, at Catlin Underwriting Services. Haynes began his career in several broking positions principally involved in marine treaty and facultative placing and claims broking.