Liberty Specialty Markets promotes Nelson to CUO, UK & MENA, replacing O’Neill; Pen’s Trafalgar Marine Trades picks Geo’s Colbourn as senior UK U/W

This edition of International People Moves details meetings at Liberty Specialty Markets, MGA Pen Underwriting and Lloyd’s syndicate, AEGIS London.

A summary of these new hires follows here.

Liberty Specialty Markets promotes Nelson in the CUO, UK and MENA regions, succeeding O’Neill

Liberty Specialty Markets (LSM)part of Liberty Mutual Insurance Group, announced his appointment Henry Nelson as chief underwriting officer (CUO) for the UK and MENA region, effective from 1 January 2025.

Nelson will begin transitioning into his new role in the coming weeks, working alongside the current CUO Mel O’Neillwho is due to retire at the end of this year.

Reporting directly to Luis Pratochairman of the United Kingdom and MENA and Ronald BolañosCUO for LSM, Nelson will oversee underwriting strategies in the region with a focus on delivering profitable growth, fostering a high-performance culture and ensuring operations in the region are well-positioned to meet future industry challenges.

Nelson has been with Liberty for over 11 years and has significant cross-functional experience, holding several key roles within the business. From 2022, Nelson served as Chief of Staff. Prior to that, he was Head of Portfolio Management for London and Global Products. His experience spans various classes of business, including marine and war and terrorism. Nelson joined Liberty from Aon’s crisis management team in 2016.

“Henry’s deep understanding of our business strategy, combined with his cross-functional experience and strong relationships across the business will be essential as we continue to grow and future-proof our UK and MENA operations,” he commented . Luis Pratochairman UK and MENA. “His insights will strengthen our ability to deliver value to our clients, brokers and our Liberty teams.”

Prato went on to thank O’Neill “for his 21 years of exceptional service at Liberty” and leadership, which laid “the solid foundation on which Henry will build, ensuring that we maintain our focus on service delivery exceptional in the UK and the MENA region. .”

Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products in key markets across the UK, Europe, Middle East, US, Bermuda, Asia Pacific and Latin America.

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Pen’s Trafalgar Marine Trades appoints Geo’s Colbourn as UK senior underwriter

Pen Underwriting’s Maritime specialist Trafalgar Marine Trades (TMT) continues its investment in broker services capabilities with the appointment of Emma Colbourn. Colbourn will join on Tuesday 8 October as the UK’s leading underwriter for the marine trade.

Bringing over 25 years of marine insurance experience and specialist knowledge, Colbourn joins from Geo Underwriting Services, where he was underwriting manager for marine trade for the past four years. Prior to that, she held a similar role at KGM Underwriting Services. Colbourn will focus on the UK marine trade market as part of a highly experienced underwriting team dealing with the risk and insurance requirements of maritime companies worldwide.

Working closely with Pen’s dedicated business development team and broker clients, Colbourn will build the book by offering flexible and tailored solutions to meet the needs of the marine trade, whether they are boat builders, repairers, suppliers, equipment manufacturers, clubs or marinas. Her role will also cover ongoing product development and systems development to further enhance the speed and efficiency of the customer journey.

“When it comes to detailed knowledge of the various risks and specialist insurance needs of UK marine companies, Emma is one of the most qualified and experienced underwriters brokers could call upon,” he commented. Paul Hartleyco-manager director of the Navy at Pen.

“From boat builders to repair yards, marinas to yacht clubs and marine equipment manufacturers to chandlers, she truly understands the breadth of property and liability exposures these businesses face and the risks they must mitigate and manage them,” added Hartley.

“Having Emma join the leadership team at TMT to focus on the significant growth potential in the UK market will also enable fellow senior underwriters James King and Stephen Loader to dedicate their expertise to the development of our maritime trade business in Europe and the rest of the world respectively,” he added.

Under a single policy with a single renewal date, Trafalgar Marine Trades – a trading name of Pen Underwriting Ltd. – can offer a wide range of cover to cover the activities undertaken, including property damage, off-premise property, goods in transit, exhibitions, marine equipment, builders risk, business interruption, money, employers’ liability, public, products liability and all contractors’ risks.

London-based Pen Underwriting is a multi-class, multi-territory managing general agent (MGA) that operates as a virtual underwriter, meaning it can perform all the typical functions of an insurance company – from underwriting, sales and distribution, pricing and analytics. , product innovation, risk and governance to claims management – ​​other than providing insurance capital.

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