Blenheim Syndicate 5886 at Lloyd’s of London has announced the launch of a specialty reinsurance division, with the hiring of John Cutts from Talbot.
Blenheim was launched by ex-Cathedral syndicate founders Peter Scales and John Lynch, and has an underwriting team largely hailing from that syndicate, which was bought by Lancashire Holdings.
John Cutts has been hired to develop the specialty reinsurance offering and will take up the new role in 2018 once his responsibilities at Talbot Underwriting are completed.
Cutts has successfully traded at Lloyd’s for the past 17 years, and served as head of treaty underwriting for Syndicate 1183 for more than ten years.
John Lynch, managing director of Blenheim, commented; “The launch of our specialty reinsurance division marks an important next step in Blenheim’s evolution, as we continue down the path to building the high quality independent business that we set out to our capital providers.
“John is a recognised leader in the specialty reinsurance market and comes to Blenheim with a long standing profitable track record and wealth of market leading expertise. Through the addition of John we will expand our capabilities to be able to offer reliable and consistent lead expertise across the majority of short tail reinsurance business lines, throughout the trading cycle.”
Blenheim syndicate 5886 commenced underwriting at the beginning of 2017 and is managed by Asta.
