Former SVB professional indemnity (PI) underwriter Mark Wheeler has joined Bermuda-based insurer Quanta.

Wheeler resigned from SVB, where he was active underwriter of Syndicate 1007, in July 2003. He specialised in underwriting PI and fine art risks at SVB.

As revealed exclusively by Insurance Times last month, Quanta has applied for an FSA licence to begin writing professional risks business in the UK. A Quanta spokesman confirmed this week that the licence application was "still pending".

Quanta currently specialises in US directors' and officers' and errors and omissions insurance, and employment practices liability.

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

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.