Specialty Health Providers - Health Services Stores at Westfield London Like Lloyds, Westfield has a long history approaching 175 years in business and we couldnt be more excited about this new chapter and working with the Syndicate 1200 team, concluded Largent. Subject to regulatory approval, the acquisition is expected to close in the first half of 2023 for a purchase price of approximately $125 million. This button displays the currently selected search type. Safia Pal | LinkedIn As a leading property and casualty (P&C) insurance company in the United States, this acquisition accelerates Westfield SpecialtysSM rapid growth after a strong first year in the U.S. market. We will continue to add talent to these teams and look for other opportunities in the marketplace to provide underwriting expertise. Together, they will shape the business and build an even stronger portfolio of international business.. Like Kuhn, Evans has deep international specialty expertise from leadership roles at Chubb, CNA, AXIS and his most recent role leading Endurance/Sompos European operations. Kuhn recently announced Graham Evans to the Westfield Specialty executive management team as Executive Vice President, Head of International Insurance. For information on how best to be seen at the Surgery, select the service or condition you require. Syndicate 1200 has an estimated $650 million book of business, which is focused on various lines of specialty insurance. Andrew Russell - Vice President Ceded Reinsurance - Westfield Specialty Like Kuhn, Evans has deep international specialty expertise from leadership roles at Chubb, CNA, AXIS, and his most recent role leading Endurance/Sompos European operations. Discover Aldo From 10:00 AM to 09:00 PM All Star Lanes From 12:00 PM to 09:00 PM 1 offer AllSaints From 10:00 AM to 09:00 PM Ann Summers From 10:00 AM to 09:00 PM APM Monaco From 10:00 AM to 07:00 PM Advice: Appointment will be sent from the Surgery, Who to see: Health Care Assistant / Nurse, Advice: Please contact reception on 01761 436333 in the usual way to make an appointment, Advice: Children will be invited to attend a clinic, Advice: Blood Test 2 weeks prior with Health Care Assistant, Advice: We Only Vaccinate Patients travelling within Europe. Insurance Insider is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Book a call with a member of the team to discuss your subscription options, Reinsurers keep cards close on cyber war stance at 1.7 renewals, R&Q to appoint Scopia's Lande as non-executive director, Helvetia to exit coal market as part of new climate strategy, Arklie set to leave Lloyd's as cyber role deemed redundant, Reinsurance capital rebounds $30bn in Q1: Aon, The Week in 90 Seconds: Bermuda Climate Summit;Ukraine insurance pool; Casualty reinsurance, Discover things you shouldn't even know yet. Best wishes, Susan. Like Kuhn, Evans has deep international specialty expertise from leadership roles at Chubb, CNA, AXIS and his most recent role leading Endurance/Sompos European operations. Westfield names former Sompo exec Evans to lead Syndicate 1200 integration Looking forward to building a winning team. You can change your cookie settings at any time. 1y I'm excited to share that I've joined Westfield Specialty as VP, Head of Enterprise Applications! Sidley Austin LLP served as legal counsel and Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor to Westfield on this transaction. Select Accept to consent or Reject to decline non-essential cookies for this use. Syndicate 1200 has a book of business sized at an estimated $650 million and is focused on numerous lines of specialty insurance. Westfield Specialty (International) Camomile Court, 23 Camomile Street, London, England, EC3A 7LL "This acquisition is our first step in establishing a global franchise for Westfield," commented Ed Largent, Westfield President, CEO and Board Chair. Westfield is an $8.8 billion (GAAP assets) property-casualty insurance company underwriting commercial, personal, surety and specialty lines of insurance in the U.S. About Westfield. Billing questions? 31 December 2021, Next statement date 26 March 2024 Westfield notes that it brings deep expertise and experience to the global specialty market. Thank you Manoj Jain, for your support and guidance over the years and am grateful for every team member who has supported me along the way with their hard work and dedication. Jack Kuhn has been at the forefront of Westfield's new specialty business, which recently culminated in the acquisition of Lloyd's of London Syndicate 1200 from the Argo Group. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Insurer Suncorp Group has announced that it has joined the , Life insurer and asset manager Aegon has announced it is , There is a notable degree of variability across cyber catastrophe . By: Alex Wright | November 14, 2022 Topics: Execs to Watch | Insurance Industry | Nov./Dec. Top Global Insurance & Reinsurance Brokers, Suncorp joins the Australian Cyclone Reinsurance Pool, Revenue among the key drivers of cyber model divergence: Guy Carpenter. due by 9 April 2024, 64209 - Activities of other holding companies not elsewhere classified, Companies House does not verify the accuracy of the information filed, 02 Jun 2009 - Syndicate 1200 has an estimated $650 million book of business, which is focused on various lines of specialty insurance. 01 Jul 1999. WESTFIELD CENTER, Ohio, February 02, 2023--(BUSINESS WIRE)--Westfield today announces the completion of its acquisition of Lloyds of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO). The Westfield Specialty team is focused on anticipating and addressing these needs. We considered multiple pathways but acquiring Syndicate 1200 emerged as a unique opportunity because it gets us into the international specialty market quickly with an established platform while capitalizing on current market dynamics, he added. Westfield Completes Acquisition of Lloyd's of London Syndicate 1200 Westfield Completes Acquisition of Lloyd's of London Syndicate 1200 Richard McNeill BA(hons), MBA - Chief Information Officer - Westfield Nicola Dupree Underwriter - Medical Malpractice London. Did you know you can help improve NHS Services? Ariel Way Shepherds Bush LONDON W12 7GF. This field is for validation purposes and should be left unchanged. The international specialty market fits well with our growth ambitions and the opportunity with Lloyds Syndicate 1200 jump-starts our entry into this market.. As a leading property and casualty (P&C) insurance company in the United States, this acquisition accelerates Westfield SpecialtysSM rapid growth after a strong first year in the U.S. market. Graham Evans - EVP, Head of International Insurance - Westfield Commits Resources, Expertise to International Specialty Market. Westfield Specialty is committed to be a leading specialty carrier, leveraging the financial strength of our 175 years as a leading U.S. property and casualty (P&C) insurance company with the. Evans will develop Westfield Specialtys international strategy and will lead the integration of Lloyds Syndicate 1200. Kuhn and Evans have a long-established professional relationship spanning more than 20 years in the global specialty market and are excited about the new opportunity. This strategic acquisition establishes Westfield as a global franchise, accelerates Westfield SpecialtysSM growth after a strong first 18 months in the U.S. market, and puts the overall Westfield Specialty portfolio in excess of $1 billion in premium. Back to Top. Westfield London Westfield London Westfield Specialty Launches Environmental Liability Westfield Surgery Westfield Specialty President Jack Kuhn has a wealth of experience leading global, multi-billion-dollar businesses. Reach the largest reinsurance audience. We use cookies to make our services work and collect analytics information. Kuhn expects a seamless transition. Westfield Specialty Announces Executive Team and Lines of Business "This acquisition demonstrates Westfields commitment to the international specialty market," says Westfield President, CEO and Board Chair Ed Largent. For information on how best to be seen at the Surgery, select the service or condition you require. We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. Weve published and operated Artemis since its launch 20 years ago and have a readership of around 60,000 every month. Syndicate 1200 sale reassures Lloyd's, serves Westfield and Argo Wish you all the very best Terence. The initial lines of business include: E&S Excess Casualty, E&S Property, Commercial Management Liability, Financial Institutions and Westfield Pro, which includes Cyber and Professional Liability. We have 220,000+ readers every month & 25,000+ email subscribers. This demands bold thinking and creative solutions to these new exposures. This s View source version on businesswire.com: https://www.businesswire.com/news/home/20230130005402/en/, Sheila Trauernicht, sheilatrauernicht@westfieldgrp.com, https://www.businesswire.com/news/home/20230130005402/en/, A visitor at Yellowstone National Park scrambled away in shock after she ignored warnings and put her hand into a steaming hot spring, A documentary cameraman who took a test-dive in the Titan sub said OceanGate CEO Stockton Rush was 'flustered' with the submersible's comms going out but tried to 'make light of it', Man wanted on Jan. 6 charges arrested with weapons near Barack Obama's Washington home, Bodycam video, new details released after ex-NFL QB's death at beach, SCOTUS affirmative action ruling: Why experts, activists say it's a step backward.
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