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Blenheim launches specialty reinsurance unit under Cutts

August 07, 2017

Blenheim has appointed Talbot underwriter John Cutts to develop a specialty reinsurance division within Lloyd’s Syndicate 5886.

Cutts will join the business in 2018 after completing his notice period at Talbot, where he has worked for the past 17 years.

He has served as head of treaty underwriting for Syndicate 1183 for more than a decade, focussing primarily on aviation treaty business.

Blenheim managing director John Lynch commented: “The launch of our specialty reinsurance division marks an important next step in Blenheim’s evolution, as we continue down the path to building the high quality independent business that we set out to our capital providers.

"Through the addition of John we will expand our capabilities to be able to offer reliable and consistent lead expertise across the majority of short-tail reinsurance business lines, throughout the trading cycle."

Blenheim Syndicate 5886 commenced underwriting in January 2017 with a £150mn stamp capacity and is managed by Asta. It is led by former Cathedral CEO Peter Scales.