Novae enters international general-liability (GL) market

Lloyd's underwriter Novae has moved into the international general-liability market with the recruit...

Lloyd's underwriter Novae has moved into the international general-liability market with the recruitment of two senior underwriters to Syndicate 2007.

Mark Davies and Rupert Taylor have joined the company as joint unit heads of the specialist international general and products-liability account - Novae's latest addition to its underwriting portfolio.

The team will write primary and excess business, with a particular focus on the industrial, manufacturing, onshore energy, transportation, utilities, construction and mining sectors. Most risks will be considered, with the exception of US-registered companies, and the team will look to write both open-market placements and facility business on a predominantly lead basis.

Peter Matson, chief underwriting officer for Novae Group, said: "Both Rupert and Mark are highly respected underwriters with enviable track records in the international GL arena. They have all the ingredients to establish a successful and profitable account known for its underwriting quality and philosophy."

In May, Ian Hatch will join the international GL account from Constable Syndicate as technical underwriter. He previously held positions at Lloyd's Policy Signing Office (LPSO).

All three have previously worked together at Ace.

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