AFL Insurance Brokers has appointed Nathalie Gordon as director of surety as it looks to expand its surety and trade credit capabilities.

In her new role based out of Munich and London, Gordon will be responsible for working with AFL’s global broking and managing general agent clients to develop AFL’s surety practice.

Gordon joins from Munich Re where she most recently served as a credit and bond underwriter, responsible for overseeing a Latin American portfolio of surety, credit and political risk. Prior to Munich Re, Gordon worked at Atradius Re in Ireland and Coface in Spain. She also lectures in surety at the Pan-American Surety Association.

AFL CEO Bob Finch said: “Due to the current reluctance of banks to tie up capital in bonds, we are seeing a steady trend globally for surety products to migrate to insurers. We are proud to be at the cutting edge of change and progress in our market, and are using our expertise to develop products that deliver at the highest level.”

AFL chairman Toby Esser added: “Nathalie brings a wealth of experience and insight to our growing team and we are delighted to welcome her to AFL. We are also pleased to be able to offer the technology and flexibility to enable Nathalie to work from Munich as well as London.”