Reinsurance News
Westfield Specialty
Westfield Specialty adds Craig Nugent and Joseph Beltran to its PI team
16th January 2025
Westfield Specialty International, a global insurance provider, has announced the appointments of Craig Nugent as Senior Underwriter and Joseph Beltran as Underwriter for its Professional Indemnity (PI) team. Both will be based in London and will report to Mark Fellows, Head of Financial and Professional Lines. Fellows expressed his enthusiasm for the ... Read the full article
Westfield Specialty optimistic about property underwriting outlook for 2025
18th December 2024
Property underwriting is becoming more stable and full of opportunity, with Richard Wood, Head of Property at Westfield Specialty, highlighting a disciplined approach to pricing and increased confidence in risk-taking heading into 2025. Wood believes the market has significantly improved over the last four years and sees a landscape full of ... Read the full article
Westfield Specialty secures Lloyd’s approval for £774m 2025 syndicate business forecast
7th November 2024
Westfield Specialty International, a global insurance provider, has received approval from Lloyd’s for its 2025 Syndicate Business Forecast, setting it at £774 million—a rise of £56 million, or 8%, over the 2024 forecast. Since acquiring the Syndicate in February 2023, Westfield has overseen steady growth, with expectations for further expansion as ... Read the full article
New Energy Risk partners with Westfield Syndicate to launch new Lloyd’s lineslip
1st July 2024
Specialist managing general underwriter, New Energy Risk (NER), a wholly owned division of Paragon Insurance Group, and insurer Westfield Syndicate are launching a new Lloyd’s lineslip focused on providing technology performance insurance and other insurance products to the energy transition space. Through this additional capacity under the lineslip, NER will expand ... Read the full article
Counterpart teams with Westfield Specialty to launch admitted management liability product
13th June 2024
Counterpart, an AI-driven management and professional liability insurtech has entered into a new partnership with Westfield Specialty Insurance, to provide an admitted product for Counterpart’s small business customers and, for the first time, nonprofit businesses, through its network of broker partners. According to the announcement, this new admitted management liability product ... Read the full article
Westfield Specialty enters property D&F with team led by Lancashire’s Wood and Inigo’s Prior
18th December 2023
Westfield Specialty, a US property & casualty insurer, has formed a team to lead its entry into international property direct and facultative (D&F) insurance, which includes the hire of Richard Wood from Lancashire and Chris Prior from Inigo. Joining the company in July 2024, Wood will lead the new International Property ... Read the full article
Westfield Specialty names Joseph England as CUO, international division
13th September 2023
In a strategic move aimed at bolstering its presence in the international specialty market, Westfield Specialty has announced the appointment of Joseph England as Chief Underwriting Officer (CUO) for its international division. England brings with him over three decades of invaluable experience in specialty underwriting and management. Reporting directly to Graham ... Read the full article
Dennis Willette to lead Westfield Specialty’s environmental liability division
25th May 2023
Westfield Specialty, a US property & casualty insurer continues to expand its footprint with the addition of a market-leading environmental underwriting team and its sixth line of business. The company has confirmed that Dennis Willette, Senior Vice President Environmental, will lead the Specialty Environmental team. Willette has more than 15 years of ... Read the full article
Argo’s Lina Hantas joins Westfield Specialty as Senior Executive Officer, Dubai
20th February 2023
Westfield Specialty has appointed Argo’s Lina Hantas as Senior Executive Officer of its Dubai office. Hantas joins the firm after spending 11 years at Argo, where she served in a variety of leadership roles, including Chief Underwriting Officer, and Senior Executive Officer, both of which were based in Dubai. Hantas began her ... Read the full article
Westfield completes acquisition of Lloyd’s Syndicate 1200 from Argo Group
3rd February 2023
Westfield Specialty, a US property and casualty insurer, has announced the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings. The deal was first announced in September of last year for a disclosed purchase price of approximately $125 million. At the time, Syndicate 1200 ... Read the full article
Robert Looney named Westfield Specialty CFO
22nd November 2022
Westfield, a property and casualty insurance company, has announced the appointment of Robert Looney as Westfield Specialty Executive Vice President and Chief Financial Officer. Looney will report to President Jack Kuhn, and with over three decades of experience he will help strengthen the firm’s finance capabilities and drive a performance culture ... Read the full article
Westfield Specialty acquires Argo’s Lloyd’s Syndicate 1200 in $125m deal
8th September 2022
Westfield Specialty, a U.S. property and casualty insurer, has accelerated its "rapid growth" with the acquisition of Lloyd's Syndicate 1200 from Argo Group International Holdings, marking its entry into the international specialty market. The deal remains subject to regulatory approval but is expected to close in the first half of next ... Read the full article
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