Advertise here, Reinsurance News


Reinsurance News

Coverys bolsters platform with two senior appointments

2nd August 2018 - Author: Charlie Wood

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330 and 1110, has announced the appointments of Robert Scott-Stewart and Peter Chambers to Chief Information Officer and Chief Technology Officer roles respectively.

Coverys logoCoverys’ aim with these new appointments is to provide a market-leading, modern, and scalable platform to support its specialist team in London.

Scott-Stewart, who joins with immediate effect, brings over 20 years’ experience to the role and joins from Brit Insurance where he served as CIO from 2012.

Prior to that, Scott-Stewart had served as group CTO at Catalina Re. He began his career at Zurich Re.

Chambers has worked as a consultant to businesses across the insurance sector, including AXA, Amtrust, Brit Insurance, and Canopius, for nearly 20 years.

During that time, Coverys says Chambers built cutting-edge systems to support all aspects of the insurance life cycle, including pricing; underwriting, technical, and bordereau processing; claims; accounting; reserving and technical provisions processing; data warehousing; and data quality management.

“Coverys Managing Agency has a clear ambition. We want to be the managing agency of choice for specialist underwriters at Lloyd’s,” said Robin McCoy, Chief Executive Officer at Coverys Managing Agency.

“We want to work with underwriters with genuine specialist expertise, who are passionate about their chosen sector and who can bring new untapped business, new distribution avenues, and innovative approaches to the market. Coverys Syndicate 1975 is an example of this philosophy in practice.”

“We recognise that to realise this ambition, we need a market-leading platform which is robust and capable of expanding to accommodate our and our partners’ growing businesses. Robert and Pete will be integral in helping us achieve this.”

“They are recognised experts in their chosen fields, and I am very pleased to welcome them to the team.”

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous article:
Arch Capital provides underwriting capacity to insurtech MGA C-Quence

Bermuda-based re/insurance firm, Arch Capital, is to provide underwriting capacity to C-Quence, a new insurtech MGA founded in 2017. Long-term financial backing...