MNK Re, a broker of specialist risks into Lloyd’s, has announced the launch of a new business focused on UK wholesale and retail.
MNK Re UK Specialty will initially focus on developing wholesale and high net worth lines.
Grahame Lamb, Richard Daws and Jonathan Britton are set to lead the new operation; bringing subject expertise and decades’ of experience in the UK market.
Lamb previously spent over a decade serving as executive board member of an independent brokerage, managing personal and claims divisions.
He has a proven track record for building high-performing and cohesive teams of brokers able to create transformative products for commercial and private clients.
Daws also holds many years’ experience and has spent his career launching and designing categories of risk. He’s also experienced in personal and wholesale lines.
Britton joins with a market knowledge that encompasses MGAs, schemes and wholesale broking and has worked across much of the insurance industry.
Manoj Kumar, Group CEO and Managing Director of MNK Re Limited, said, “MNK Re is continuing to expand, and as we do so, we are widening our reach into new areas and territories.
“We have big ambitions for the future and with such an experienced team at the helm, our specialty business promises to quickly become a market leader for a range of risks.”
Lamb added, “It’s great to be joining MNK Re at such an exciting time in its development. It’s clear that MNK Re has a culture which promotes innovation.
“My passion is building great teams, so I’m really looking forward to recruiting creative and cutting-edge thinkers as we work on delivering great results for our clients through high quality advice and tailored offerings.”
Daws noted how becoming part of the MNK Re family provides significant scope to develop truly market changing services.
“We’ve got a range of pioneering products in the pipeline that will bring real value to our clients,” he said.
“As a team, we have extensive experience in the market, while MNK Re has the drive and ambition to help us develop and nurture these solutions in the coming months.”
Britton added, “MNK Re’s existing team has knowledge of and deep experience across many sectors, and this makes it the ideal launch pad for this business. I know that, as a team, we will bring fresh thinking to the UK market.”