Reinsurance News

Hamilton enters environmental insurance, appoints Markel’s Termini to lead

10th December 2020 - Author: Staff Writer -

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Bermuda-based re/insurer Hamilton has entered the environmental insurance marketplace and appointed John Termini to lead the unit as US head of environmental.

John Termini

Termini brings over 25 years’ professional/environmental experience and joins from Markel Specialty Insurance Company, where he was managing director, environmental & energy.

Before his time at Markel he was with Aspen Specialty Insurance Company as vice president, director of environmental liability.

Termini has been working on building out his team and developing the book of business, leveraging the company’s Lloyd’s platform.

The unit’s long-term goal is to provide a broad range of innovative product offerings to lead the market.

“It’s a great time for Hamilton to enter this line, and I’m delighted to welcome John to our team,” said Pina Albo, Hamilton Chief Executive Officer.

“I know his extensive experience and expertise will be invaluable as we enter this class of business and, on the heels of our recent mergers and acquisitions division launch, continue to build out our US specialty insurance offerings.”