Reinsurance News

Rokstone appoints three senior engineering underwriters for new powerhouse team

26th September 2022 - Author: Jack Willard -

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International specialty re/insurance MGA, Rokstone, has announced that it has centralised its Power, Construction and Engineering teams into one central powerhouse for brokers.

Rokstone Re logoThis move by Rokstone now makes it one of the most experienced teams within the London market in these lines.

The MGA has also announced that Peter Rossell, Dan Watson and Anthony Palmer, all senior engineering underwriters at Globe Underwriting have joined the company.

All three bring deep market leading engineering underwriting experience towards the Group.

Rossell was previously Head of Engineering at Globe Underwriting. He brings 43 years of industry experience towards the role, having previously served as a senior engineering underwriter with leading firms including Pioneer, Beazley and Amtrust.

In addition, Watson previously served as a Senior Engineering Underwriter at Globe. He joins Rokstone with over 15 years of industry experience, and has previously held senior positions as an engineering underwriter at Pioneer and RSA.

At the same time, Palmer was also an engineering underwriter at Globe. He brings over 10 years of industry experience towards the role, and has previously worked at both Pioneer and Canopius.

Moreover, the trio join Ian Green, a market stalwart for Primary Power Generation, and David Turner, a leading Construction underwriter with over 40 years of experience. Together they have a combined 150 years of underwriting experience.

At the same time, Rokstone’s new combined powerhouse offers brokers a highly compelling facility with a consolidated maximum PML line of $27.5 million. Operational Power Generation has a typical maximum line of USD5m, deployed on non-proportional structures.

Ian Anson, Managing Director, Rokstone, commented: “There are potentially large opportunities opening up in both the Power and Construction markets in 2023. By bringing together this team of market leading talent, we believe that we are now a ‘go to’ market in both these Specialty lines. We continue to enjoy excellent long-term relationships with our carriers; their ongoing commitment to us is a strong vote of confidence both in the potential in the market, and in our proposition.”