IQUW, a property, commercial and specialty re/insurer has promoted Robbie MacDonald to Head of Property Direct and Facultative (D&F), and Tom Hennessey to Head of Property, Delegated Authority (DA).
In their new roles, they will both be based in London where they will be jointly responsible for the global Property book, and will report to Steven Tebbutt, Active Underwriter at IQUW.
MacDonald, who has been promoted from his role of Lead Underwriter, Property D&F, started his career in the industry at Marsh in 2007 in London. He would then go on to move to Tokio Marine Global, which was then followed by a move to Tokio Marine Kiln, and then to Tokio Marine HCC. He joined IQUW D&F underwriting team in 2021.
Moreover, Hennessey started his career by working as an insurance broker at Price Forbes & Partners where he was based in the firm’s Property team. After nine years of service, he moved Hiscox, where he went on to become a Property Underwriter, before later going on to move to Arcus Syndicate in 2020. When Arcus was acquired by IQUW in 2021, he became Lead Underwriter, DA, at IQUW.
Both MacDonald and Hennessey will be supported by the other Property team members, which includes Lead Underwriter John Brown, who has over 20 years of experience within the property insurance industry, as well as Stuart Bell, Head of Property Claims. Both joined IQUW in 2022 from Beazley and have a wealth of knowledge in the property market.
“I am delighted to be able to promote Robbie and Tom into their new roles to support our brokers and continue to grow our property portfolio,” said Tebbutt.
“Their appointments will help us retain our lead capability – particularly as we enter an important renewal season – and develop our proposition as we continue our invest in technology, data, and analytics to help inform underwriting decision making and empower our team through real-time access to valuation, mapping, and risk scoring metrics.”
