Reinsurance News

Dale Underwriting makes appointments amid marine reinsurance entry

2nd November 2022 - Author: Kane Wells

Dale Underwriting Partners has confirmed the appointments of Matthew Sims and William Taylor to underwrite a new marine reinsurance line of business for its Syndicate 1729 at Lloyd’s.

dale-underwriting-partners-logoMatthew Sims, who will take on the role of Head of Marine and Energy Reinsurance, will be responsible for driving the development of Dale’s marine reinsurance business. He will be based in London and will report to Dominic Peters, Active Underwriter at DUP’s Syndicate 1729.

The firm states that Sims holds well-rounded experience in leading and underwriting marine and energy reinsurance portfolios, having worked at MS Amlin for 24 years, most recently as Head of Marine & Energy Reinsurance, before joining Dale.

Sims commented on his appointment, stating, “I am delighted to join DUP, the entrepreneurial and innovative spirit of the company is very exciting. I am keen to work with Dale’s experienced team to capitalise on market opportunities and provide efficient and effective solutions for our clients.”

William Taylor has been named Class Underwriter and is tasked with writing innovative placements and supporting Dale’s drive into this speciality line of business.

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He also joins from MS Amlin, and previously spent more than ten years at Gen Re as Senior Underwriting Specialist for Marine Facultative & Treaty Reinsurance.

Taylor started his reinsurance career in 1995 at EE Patrick Syndicate 566 (now part of QBE), before holding reinsurance underwriting roles at both Munich Re Syndicate 457 and TransRe.

Chief Executive Duncan Dale, said, “I am thrilled to have Matthew and William join us and lead the further expansion of our reinsurance portfolio at a time of great opportunity.

“Both are fantastic additions to our accomplished underwriting team and bring a wealth of marine reinsurance experience and sound technical expertise to our offering. We very much look forward to working with them to build on the independent platform provided by the recent approval of our Lloyd’s Managing Agency.”

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