Arcus Syndicate 1856 at Lloyd’s names Alex Shepherd as the new active underwriter for the syndicate, effective immediately.
Shepherd joins from (re)insurance firm RenaissanceRe, working in London as its head of property for the Lloyd’s of London Syndicate 1458. Prior to that he worked as a deputy property underwriter at Canopius and has also worked at ACE Global Markets.
In his new role he will take on responsibility for all of the Arcus 1856 syndicate’s underwriting activities, across the syndicate’s property reinsurance and specialty lines portfolio.
Shepherd replaces David Booth, director of underwriting for Barbican Managing Agency, who was appointed interim active underwriter in July 2018.
Adrian Gfeller, managing director, Arcus 1856, said: “I am delighted to announce that Alex has joined the team to head up our underwriting activities. He is an exceptional underwriter with over 20 years of industry experience spanning multiple industry sectors and territories and is a great addition to our management team. I would also like to thank David who has made a fantastic contribution to our ongoing success as interim active underwriter.”
Shepherd said: “I am excited to be joining the Arcus 1856 team. The company operates a diverse but precisely balanced portfolio built upon a highly successful underwriting approach which combines alternative risk structures and traditional re/insurance products. It has an outstanding team of underwriting talent and I very much look forward to working with my colleagues to build upon the considerable achievements they have made to date.”