Munich Re Syndicate, the Lloyd’s of London Marine & Specialty underwriter of reinsurance giant Munich Re, has announced the appointment of Rob McAdams as Head of Marine.
Based in London, he will oversee the global Syndicate’s Marine portfolio and help drive the underwriting business across Cargo, Fine Art & Specie, Hull, Yacht, and War.
McAdams joins the company from AXA XL, where he most recently served as Global Marine Chief Underwriting Officer.
In this capacity, he led the underwriting team at AXA XL in the development, execution and accountability of the financial and operational plans across multiple legal entities, products and geographies.
Overall, McAdams has more than 20 years of experience in the re/insurance industry, including experience in both client management and financial results.
“As one of the largest underwriters of Marine insurance in Lloyd’s, we are delighted that an individual of the calibre of Rob McAdams will be joining the Munich Re Syndicate as our Head of Marine,” said Dominick Hoare, Group Chief Underwriting Officer for the Munich Re Syndicate.”
McAdams takes over from Simon Parnell who will begin retirement, following 21 years at the Syndicate.
