International specialty re/insurance MGA, Rokstone has appointed Jimmy Heaton as Head of Directors and Officers (D&O).
Heaton will lead Rokstone’s D&O team when he joins the firm after serving his notice at Nexus Underwriting, where he was latterly Managing Director of Management Liability.
He joins Rokstone with more than a decade of D&O underwriting experience. He began his career at AXA before moving to WRB in 2016, and then eventually Nexus Underwriting in 2019.
Ian Anson, Managing Director of Rokstone, commented on the appointment: “We’re delighted Jimmy has chosen to join Rokstone to establish and lead our D&O team. Complex SME and Mid-Market D&O remains relatively underserviced across the UK and EEA, and is often an area of frustration amongst placing brokers; these risks essentially fall through the gap between online systems and London Market corporate/subscription placements. It is challenging areas of niche specialty lines like these that are Rokstone’s sweet spot – it is what we excel at.
“We will give brokers a reliable and consistent underwriting partner and be their “go to” contact for these tricky but profitable D&O risks.”
He continues: “Jimmy is highly focussed and driven and has a proven track record of successfully establishing and sustaining a profitable D&O portfolio. We’re delighted that Rokstone was his first choice and to have him on board.”
Additionally, Rokstone has also noted that it is currently focusing on Complex SME and Mid-Market D&O risks that fall between simple SME/automated products and large/coinsurance placements. This is an area within the market which remains underserviced across the both UK and EEA.
Meanwhile, Rokstone recently announced the launch of a new PI binder as it broadens its Speciality re/insurance portfolio. To lead the PI division internationally, the firm has appointed Josh Smith as Head of Professional Indemnity.
