MNK Re, an independent broker of specialist risks into Lloyd’s, has appointed Giles Ham as Associate Director, Surety.
The appointment will allow MNK Re to expand its international presence in the sector, facilitating coverage for difficult and hard-to-place risks worldwide.
The broker stated as a well-known practitioner in the international market, having worked with brokers globally, Ham will use his experience and contacts to build its client base, including overseas clients looking to access specialist London capacity.
Manoj Kumar, Group Chief Executive Officer, MNK Re, said: “Giles brings a wealth of experience and knowledge, so we’re delighted to welcome him to MNK Re. His appointment is an important step as we continue our rapid international expansion and build our book of business in the surety market.
“He has a track record of delivering for his clients and I’ve no doubt that MNK Re will benefit enormously from his understanding of the market and specialist insight.”
Ham is a surety broker veteran with over three decades of experience in the market. He brings a proven track record of providing bond solutions for companies directly or through a sub-broker.
Ham has worked on several major civil infrastructure projects, including the Channel Tunnel Rail Link, and the Ted Williams Tunnel in Boston, Massachusetts.
Ham, commented, “I’m thrilled to join MNK Re at a time when the surety market is growing internationally and in high demand; this is exactly the right time for innovative, ambitious firms to have the right bond facilities in place for their future needs. I’m looking forward to using my network and knowledge of the market to help clients find the solutions they need.
“Governments and businesses across the world are seeking to develop increasingly complex infrastructure projects in response to issues like climate change. I’m excited to work with Manoj and the team to help them access bespoke coverage that can provide protection required by employers.”
