Ignite Specialty Risk, a provider of specialty risk insurance, has announced the establishment of its Australian operations with the appointment of Lucinda Stormont-Sainsbury as Head of Australian Operations.
Based in Sydney, Stormont-Sainsbury will support Ignite’s expansion in Australia and develop relationships across the local insurance, legal and advisory sectors.
She brings more than 15 years of experience across commercial litigation and insurance, spanning underwriting, claims, private practice and in-house legal roles.
Stormont-Sainsbury joins Ignite from HDI Global SE, where she most recently served as Senior Legal Counsel, advising its branches across Australia, New Zealand, Singapore, Hong Kong, Malaysia and Dubai.
Prior to that, she was an Underwriter, Contingent Legal Risk Insurance at Liberty Global Transaction Solutions. Earlier in her career, she spent 12 years at Clyde & Co.
David Green, Chief Underwriting Officer at Ignite, said, “Australia is an important strategic market for Ignite and establishing our Australian operations marks a significant milestone in our international growth. We are making a long-term commitment to the market by investing in local leadership and building strong relationships with brokers, legal advisers and strategic partners.
“We see strong demand for our proven expertise and product suite, and we are committed to supporting the market with the expertise and service that have underpinned our success internationally.”
Stormont-Sainsbury commented, “This is an exciting opportunity to join a business with ambitious leadership, a clear vision and a specialist proposition that is well suited to the Australian market. Ignite has made a clear commitment to establishing a long-term presence in Australia, and I am looking forward to building strong relationships across the broker and legal communities as we develop the business.
“Australia is a sophisticated insurance market with an increasingly complex risk landscape. I look forward to working with our partners as we prepare to introduce innovative specialist solutions that help clients manage their specialty insurance needs with confidence.”
