MS Amlin Underwriting has appointed Julie Ferguson to be its new head of open market property.
Ferguson will join the company in the coming months and will report directly to Sam Geddes, head of property and allied lines. She joins from Axis where she has spent the last five years as part of the global property team, responsible for managing and growing the international property portfolio, latterly as deputy head of global property.
Geddes said: “I am delighted that Julie is joining our property team. As we look to expand our Open Market portfolio in the US and internationally, Julie’s expertise and leadership will be crucial. Her appointment reaffirms our dedication to investing in best-in-class talent and continued commitment to the property market.”
Prior to Axis, Ferguson was international property class underwriter at Argo where she helped build the International Property book from its inception. She began her insurance career at Eagle Star before moving onto Chubb.
The latest announcement comes a few weeks after MS Amlin announced it had returned to profit after a bout of ‘careful restructuring’.
The return to profitability for the company was set against the backdrop of a year which saw a large number of natural catastrophe events that were estimated to be within the top five most costly ever for insured losses.
