Paragon Insurance Holdings has appointed Christian Phillips as President of Paragon Contingency Practices.
Phillips joins Paragon following many years at London-based specialty insurer, Beazley.
With over 30 years of experience, he is an asset to Paragon clients, particularly given the global upheaval in the marketplace in 2020.
Phillips will play a pivotal role in this dynamic market environment, as event cancellations related to COVID-19 have severely impacted established contingency business underwriters.
The Paragon platform will enable Phillips to bring capacity and coverage solutions to a contingency insurance market that has experienced a large amount of contraction over the past 12 months.
These solutions will help venues recover in the wake of losses incurred from the closure, rescheduling and cancellation of local, national and international sporting, entertainment and industry events.
Paragon CEO and Co-founder, Ron Ganiats said: “As we continue through the balance of 2021, we expect to see the contingency market rebound. We are excited to welcome Christian to the Paragon team to help our clients navigate these improving market conditions.”