Apollo Syndicate Management, the independent specialist (re)insurer at Lloyd’s, has named Nick Burkinshaw to the newly created position of chief underwriting officer (CUO).
In his new role he will be responsible for overseeing the development of Apollo’s underwriting strategy, and will report to chief executive officer (CEO) David Ibeson.
He will be supported by Nick Jones, Matthew Newman and Mark Rayner, the active underwriters of the three syndicates under Apollo’s management.
Burkinshaw brings more than 3 decades of underwriting experience to Apollo Syndicate 1969, having most recently served as chairman of Specialty at Fidelis.
Prior to this, he held several senior positions at Catlin since joining as a marine underwriter in 1992 (now AXA XL) including group underwriting board director and active underwriter between 2003 and 2014.
Ibeson, CEO, said: “Apollo’s strength relies on our market-leading talent driving profitable growth in our areas of specialty. The role has been created as a result of the growth in size and the variety of classes written and planned to be written in the future,”
Adding: “Nick is a recognised leader in the field, with an outstanding pedigree and track record of quality underwriting and management and will contribute significantly to the development and implementation of our long-term strategy.”