Blenheim Underwriting has announced the appointment of a new Senior Liability Treaty Underwriter for Syndicate 5886, David Barber, who aims to build a portfolio of niche liability classes, written via long-standing delegated authority/ reinsurance relationships.
Barber joins Blenheim Syndicate 5886 following four years at Fortegra, and prior to that spent 25 years at Chaucer where he was head of the liability division.
The executive’s portfolio comprises MGA/MGU/delegated authority business in the US, UK and Europe, 65% of which is lead business and has outperformed market results for the original binder classes.
The classes of business written will include US E&O, medical malpractice (allied health and life sciences), financial institutions and general liability.
Barber’s appointment marks a new chapter for Syndicate 5886 as his book of business becomes another significant pillar of the syndicate’s portfolio, Blenheim Underwriting stated.
John Lynch, Blenheim CEO, said: “To attract an individual of David’s calibre reflects very favourably on us. We can offer underwriters a home to build their own books and develop their own teams within the shared infrastructure and security of a larger, experienced, well-financed independent underwriting group.
“David’s joining will be instrumental in our drive and ambition to profitably scale our business, in this case with a diversified portfolio with no over reliance on any class.
“Blenheim’s owners White Bear are looking to selectively build our MGA and Lloyd’s business with high-performing underwriting teams. We have top quartile performance in Lloyd’s for 2023 and a real desire to further expand our operations.”
