Alison Oliphant, formerly of Velocity Risk Underwriters, a division of Nephila Capital, has joined StarStone U.S. as President of the company’s newly-created excess & surplus (E&S) property division.
In early June, it was revealed that StarStone’s parent, Enstar, had agreed a $610 million recapitalisation of StarStone U.S. in a push to reposition the company towards E&S market growth.
As President of the new E&S property unit at StarStone U.S., Oliphant takes on responsibility for managing all parts of this business, including direct oversight of the underwriting teams dedicated to the E&S property space.
StarStone U.S. notes that it plans to launch this new business unit ahead of the start of the 2021 renewal cycle.
This new property arm will add to the firm’s existing excess casualty, workers’ compensation, management & professional liability, healthcare liability, and marine & energy specialty commercial property & casualty insurance divisions.
Oliphant joins the company from her most recent role with Nephila’s Velocity Risk Underwriters, where she served as the Head of Commercial Lines and Chief Underwriting Officer (CUO). Prior to this, she worked for eight years at AmWINS as both President, Special Risk Underwriters and EVP of AmWINS Brokerage of Alabama.
Incoming Chief Executive Officer (CEO), Jeff Consolino, commented on the hiring: “I am looking forward to working with Alison as we build a market-leading specialty insurance company. Alison is an accomplished insurance executive with a proven track record of building successful property insurance businesses from the ground up. She has spent her career in property and brings extensive experience across underwriting, distribution, and capital management.
“There is a clear market need for expansion in commercial property as we observe premium pricing increasing and capacity contracting. Alison will lead a team that will continue to build on our strategic and dynamic vision for StarStone U.S.”
