Beazley has appointed Simon Wilson to serve as its Head of Open Market, a London-based role that involves directing and managing teams within the Property team and providing insight on market issues.
Wilson is described as a seasoned underwriter and achieved success with Primary and Excess Property D&F products.
He will join Beazley in mid-January and joins from Hiscox, where he underwrote a large Primary and Excess portfolio encompassing worldwide territories such as Property, Mining, Power Generation and Downstream Energy.
Prior to this, he was a Senior Technical Underwriter – Property Direct and Facultative at CNA Hardy, where he managed a global portfolio encompassing Primary and Excess of Loss business as an established and respected lead market within Lloyd’s.
Commenting on his appointment, Richard Montminy, Group Head of Property at Beazley, saidm “Simon is an experienced Lloyd’s-based Underwriter with deep expertise and technical knowledge in both Primary and Excess Property D&F products.
“His appointment demonstrates our continued investment in the Open Market space, and we are looking forward to working with him to find progressive solutions to increasingly complex market demands.”
Wilson commented, “Beazley is a leader in commercial property business insurance in the Lloyd’s market, so I am naturally delighted to be taking up the reins early next year.
“This has been challenging time for the insurance industry as a whole, which has had to work hard to adapt to recent and seismic changes felt across the globe.
“Beazley has continued to innovate throughout this time, enabling its underwriters to make smarter decisions throughout, and provide meaningful solutions to their clients. I am looking forward to joining such a dynamic and highly skilled team in the new year.