Lloyd’s insurer Hardy Underwriting has appointed Tom Phillipson to complete the formation of its new financial institutions underwriting team.

Hardy said the team writing the niche class would lead business across a range of institutions. It will have limited US exposure, but an otherwise broad geographical scope, said the company.

Syndicate 382 offers bankers’ blanket and PI cover on a ‘claims made basis’, but is not taking on any D&O liability exposure.

Phillipson has been underwriting financial institutions business as Lloyd’s since 2000, said Hardy.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

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Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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