Specialist binding authority broker, Capsicum Delegated Authority, has announced the appointment of David Doe as Head of its new professional liability unit.
Doe is joined by Sue Korth and Jonathan Doel having previously worked together at Lloyd’s broker Tysers.
As head of the unit, Doe brings nearly 40 years’ experience, having started out in professional liability insurance at the age of 17, with Lloyd’s broker J. H. Minet. Most recently he was a Director at Tysers, responsible for its Special Lines business, which offered a mix of U.S. and International professional liability, Lloyd’s binding authority contracts and open market business.
The team will be London-based and responsible for building out Capsicum DA’s capabilities into the professional liability arena, growing the business across multiple territories, with a particular focus on North America.
“We are delighted that Sue, David and Jonathan have chosen to join Capsicum DA. We continue to invest in broadening our expertise and product footprint, building our capabilities for the benefit of our customers,” said Chris Hardcastle, Managing Director at Capsicum DA.
Together they will offer a full underwriting service, able to bind and manage professional liability underwriting contracts on behalf of Lloyd’s underwriters, as well as provide a full broking service for binding authority placements.
“The specialist knowledge this team has means we can immediately offer a wide range of additional client services. We look forward to welcoming them all to the team,” continued Hardcastle.
David Doe added, “Capsicum’s ambitious, independent culture is an exceptional fit for the entrepreneurial approach of myself, Sue and Jonathan.”
“The opportunity to further diversify Capsicum’s offering is exciting, and I look forward to using our combined expertise to support the continued delivery of efficient, innovative solutions for clients.”
