Alterra has announced the opening of a new facility to underwrite excess liability insurance from its recently licensed UK branch in London.
Alterra Capital Holdings president and chief executive officer W. Marston (Marty) Becker said: “The addition of an excess liability facility to Alterra Europe’s new London operation reflects Alterra’s commitment to the prudent expansion of distribution outlets and diversification of underwriting risks.”
The insurer has also announced Paul Bland’s appointment as Vice President of Casualty Insurance Operations for the branch. He will underwrite a high excess, diversified, general liability portfolio.
Bland has moved to Alterra from the Catlin Syndicate at Lloyd’s where he was Class Underwriter (US General Liability).
Alterra Europe chief executive officer John Boylan said: “We are very pleased that Paul Bland has joined our team at Alterra Europe, as we expand our underwriting capability into the London marketplace. He is an experienced, accomplished and well-known underwriter with a profitable track record and we expect that he will be a valuable addition to Alterra. Paul will focus on developing a portfolio of US and international casualty business.”
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