Ian Burford has been appointed as Active Underwriter of Argenta Syndicate Management Limited’s (ASML) Syndicate 2121 and SPA 6134, and will also join the Board of ASML as its Underwriting Director.
In his new roles, Burford will report to Andrew Annandale, Managing Director of ASML and Chief Executive Officer (CEO) of Argenta Holdings Limited.
Both his appointments are subject to Lloyd’s and other regulatory approvals, and are expected to take effect once Burford completes his current contractual obligations.
Burford brings more than three decades of underwriting and portfolio management experience across a broad range of business classes. He joins the firm from Fidelis Underwriting Limited, where he currently serves as UK CEO.
Prior to Fidelis, he worked at Novae for almost 20 years, becoming Active Underwriter of its flagship Lloyd’s Syndicate 2007 in 2011.
“I am delighted that we have recruited someone with such extensive underwriting experience and I look forward to working closely with Ian as we continue to develop Syndicate 2121, both in terms of its scale and business lines,” said Annandale.
Argenta Holdings is part of reinsurance giant Hannover Re and the parent of ASML, and also of Argenta Private Capital Limited, which provides investor capacity to the Lloyd’s market of almost £2.5 billion for 2021.
