Former Alex Finch MD to head schemes business

Oxygen Insurance Managers, the London intermediary’s agency operation, has launched a new UK and Ireland property business which will be headed by Richard Wise, the former managing director of Alec Finch.

The business, which will work in the Lloyd's market, will led by Hardy, Syndicate 382.

It will focus on developing specialist schemes with coverholders in the UK and Irish markets and will work closely with the other agency specialist liability teams on trade and regional schemes. .

Commenting on Wise’s appointment and the new facility, Sian Fisher, head of Oxygen, said: “We are delighted to welcome Richard.

"The agency operation has experienced strong growth and we are now working with over 80 coverholders world-wide. Richard’s experience will be vital in the success of the new facility and in continuing to grow this area of the business.”

Wise’s appointment follows further expansion of the agency teams.

" Sunjay Patel, previously with QBE Insurance (Europe), has been recruited to the extended warranty and GAP business and Richard Morris, previously with WürttUK, has been recruited to further develop the specie business.