Banyan Risk Ltd, a Bermuda-based specialty Managing General Agent (MGA), has launched a Healthcare Professional Liability product in Bermuda, with strategic capacity from Mereo Insurance Limited (Mereo).
The new Healthcare line focuses on complex US healthcare professional liability risks, including Hospitals and Allied Health.
Kim Morgan joins Banyan Risk as Lead Underwriter, Healthcare, based in Bermuda. In this role, she will lead the development of Banyan’s healthcare portfolio and build relationships with brokers and clients.
Morgan is an experienced healthcare professional liability underwriter with a strong track record across the Bermuda and London markets.
Most recently, she served as Senior Vice President, Healthcare Insurance Practice Leader, Bermuda, at Sompo International.
Earlier in her career, she held roles at Endurance, Marsh, Johnson & Higgins, and Everen.
The launch of the Bermuda Healthcare line marks a further step in the expansion of Banyan Risk’s multi‑line specialty platform.
Tim Usher‑Jones, co‑CEO of Banyan Risk, said, “Healthcare professional liability is a specialist market where underwriting discipline, experience, and strong relationships are critical.
“Kim is one of the most respected underwriters in this space, and we are delighted she has joined Banyan. With Mereo’s support, we are well-positioned to build a focused Healthcare offering.”
Usher‑Jones added, “Since launch, Banyan has been focused on steadily expanding its platform into areas where brokers and clients value consistency and underwriting discipline. Healthcare is a natural extension of that approach, and part of our broader strategy to continue building the business across specialty lines.”
Julia Mansfield, Head of Casualty at Mereo, commented, “This launch aligns closely with Mereo’s strategy of supporting specialist underwriting teams in areas where technical expertise, discipline, and market relationships are critical.
“At this point in the healthcare liability cycle, disciplined underwriting and deep market experience are especially important. Bermuda remains an important market for complex healthcare liability risk, and Kim’s track record in this space provides a strong foundation for the launch. For Mereo, this is a strategic opportunity to participate in the U.S. Hospital Excess Professional Liability market with a specialist Bermuda-based underwriting team.”
“I am pleased to be joining Banyan at a time of growth for the business,” said Morgan. “Bermuda remains a key market for healthcare liability, where clients are not only seeking capacity but also looking for knowledgeable, responsive underwriting, and a long‑term partner. Banyan’s platform, combined with Mereo’s support, provides a strong foundation to build a differentiated offering.”
