Reinsurance News
engineering insurance
HDI Global appoints Chubb’s Fraser Galbraith as Senior Underwriter, Engineering
20th January 2026
HDI Global SE, an international insurer specialising in commercial and industrial clients, has announced the appointment of Fraser Galbraith as Senior Underwriter, Engineering, based in Dubai. Galbraith brings more than 12 years of engineering experience to his new role. He joins HDI Global from Chubb, where he served as Senior Construction ... Read the full article
HDI Global Canada names Derek Reedie as Head of Engineering & Construction
23rd July 2025
HDI Global Canada has announced the appointment of Derek Reedie as Head of Engineering and Construction. In this role, Reedie will lead insurance solutions for complex infrastructure and industrial projects. He brings over 25 years of industry experience, ranging from general P&C to construction and contractor specialisation. Reedie joins HDI Global from Ecclesiastical ... Read the full article
Chubb to launch new engineering centre in Bogotá, Colombia
27th June 2025
Global insurer Chubb has announced plans to open a new engineering centre in Bogotá, Colombia, scheduled for October 2025. Joining existing engineering centres in India, Mexico, and Greece, the Bogotá centre will strengthen Chubb’s technological capabilities and enhance the customer experience. The centre will focus on software development, data analytics, artificial intelligence, ... Read the full article
Ageas Re appoints Shahrokh Shahpoori Monfared as Lead Underwriter Engineering
4th April 2025
Ageas Re, the reinsurance division of international insurance group Ageas, has appointed Shahrokh Shahpoori Monfared as Lead Underwriter Engineering, effective May 1st, 2025. Monfared brings extensive experience in underwriting a full spectrum of global engineering risks, with a focus on Europe, US Construction, Middle East & South, and East Asia markets. He ... Read the full article
Argenta appoints Karen Collier as Construction & Engineering Underwriter
31st January 2025
Argenta Syndicate Management Limited, a Lloyd’s managing agency, has announced the appointment of Karen Collier as Construction & Engineering Underwriter, effective immediately. Based in London, she will report directly to Phil Hancock, Unit Head of Construction and Engineering. Collier, a seasoned professional with over a decade of experience in the insurance ... Read the full article
QBE partners with ERM to enhance its risk engineering capabilities in Asia
24th October 2024
Global insurer QBE has partnered with Eos Rhea Metis (ERM) to enhance its risk engineering services for corporate clients in Taiwan and across Asia. This partnership reflects QBE's commitment to providing advanced risk management solutions, especially in property and engineering underwriting. ERM, with its expertise in risk assessment across various industries, will ... Read the full article
AXA XL promotes Peter Ukstins to lead Construction Risk Engineering, Americas
26th September 2024
AXA XL, the property & casualty (P&C) and specialty risk division of global insurer AXA, has announced the promotion of Peter Ukstins to lead its Construction Risk Engineering team in the Americas. Donna Nadeau, Head of Large Commercial at AXA XL, stated, "Our Construction risk engineering capabilities are an essential asset ... Read the full article
DUAL Benelux names Aram Stoop as new Managing Director
28th June 2024
DUAL Benelux, a division of the international insurance underwriting firm DUAL Europe, has named Aram Stoop as its new Managing Director. Reporting to Olaf Jonda, CEO of DUAL Europe, Stoop steps into the position previously held by Peter Kegel, who founded DUAL Benelux in 2023 and has since left the company. Olaf ... Read the full article
Globe Underwriting recruits Senior Engineering Underwriter from Pioneer
14th October 2019
Globe Underwriting, the UK-based managing general agent, has announced the appointment of Dan Watson as Senior Engineering Underwriter, effective immediately. Watson joins Globe Underwriting from Pioneer, where he also worked as an Engineering Underwriter, having joined the company in March 2017. He has more than 15 years’ industry experience, including 12 years ... Read the full article
Munich Re’s HSB Engineering appoints Paula Homan to Director role
20th May 2019
HSB Engineering Insurance (HSB), the specialist industrial engineering and construction insurance arm of reinsurer Munich Re, has announced the appointment of Paula Homan as Director of Engineering Services, effective immediately. Homan will be tasked with leading the activities of HSB’s engineering inspection services division in the UK and Ireland in line ... Read the full article
Barents Re to target life expansion and bonds opportunities
14th December 2018
Specialist reinsurance firm Barents Re has identified Life reinsurance in emerging markets as a key area of expansion for the company, as well as further opportunities in its established Bonds lines. Speaking with Global Banking & Finance Review, President and CEO of Barents Re Gerardo Garcia noted that the Life and ... Read the full article
HDI expands U.S Engineering & Construction unit with new hires
9th November 2018
Industrial lines insurer HDI Global Insurance Company has expanded its U.S Engineering & Construction division with a series of new hires. These include the appointment of John Sprague as Senior Construction Liability Underwriter, who will be responsible for the continued growth and development of the U.S construction liability portfolio. Sprague has 25 ... Read the full article
Engineering insurance rates continue downward trend: IMIA
18th September 2018
Engineering insurance rates are continuing their downward trend across all classes of business following the costliest hurricane season ever and a series of large construction claims, according to the International Association of Engineering Insurers’ (IMIA) Index 2018. The Index, which compares the movement of rates from a base point in 2010, ... Read the full article
New technologies to stimulate struggling engineering sector: Swiss Re
13th June 2018
The adoption of new technologies in construction could lead to significant improvements in efficiency for engineering insurance, a sector that has largely stagnated in recent years, according to a new study by Swiss Re’s sigma. Global engineering insurance premiums were estimated to total around $21 billion in 2017, but have suffered ... Read the full article
Willis Re appoints Andrew Vince as Head of Global Engineering practice
4th May 2018
Willis Re has announced the appointment of Andrew Vince as Head of its Global Engineering practice. Vince joins Willis Re from Trans Re, where he has served since 2008, most recently as Manager of Engineering Treaty and Onshore Energy. Tony Melia, Chief Executive Officer (CEO) of Willis Re International, said: "Andrew is ... Read the full article
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