Bermuda-based re/insurer Lancashire Holdings has announced the official opening of its Lancashire Insurance US (LUS) business, with Huw Jones, previously Group Head of Specialty Insurance, named Chief Executive Officer (CEO) of LUS.
LUS will conduct insurance commerce under Lancashire Insurance (US) LLC doing business as Lancashire Insurance Specialty Services across the country.
The new business is fully complementary to the firm’s existing operations, and enables the firm to write business that is within its appetite but that it previously did not have access to.
Lancashire explains that LUS operates under a delegated underwriting arrangement with Lancashire’s UK platform and is focused on the U.S. excess and surplus market, with initial products being energy casualty and property.
Alongside Jones as CEO, Christopher Curtin serves as Head of U.S. Property and joined LUS in September 2023. He has over 25 years of industry experience in brokerage and underwriting. Before joining Lancashire, Curtin was Head of U.S. Property at Everest Insurance and has held senior property roles at AIG and as a property broker with Aon & Integro Insurance Brokers.
Additionally, Brian Quinn serves as Senior Vice President, Energy Casualty and joined LUS in June 2023. Most recently, Quinn was a Senior Underwriter at AXA XL on the North America Energy Casualty team, and also held underwriting roles at XL Catlin and Energi Insurance.
Jones commented, “We are excited to have launched LUS and we have built a really strong team of underwriters and within our support functions.
“We look forward to connecting with our new trading partners and offering the underwriting expertise and excellent client service that Lancashire is renowned for.”
Alex Maloney, Group CEO, said, “This is a significant milestone in the strategic development of Lancashire, giving us access to business that we could not write before through new distribution channels and with new clients. We are pleased to welcome the new U.S. team to the Lancashire Group and look forward to working with them.”
