Insurer recruits two underwriters
Groupama is aiming to reinforce its position as one of the UK’s leading commercial schemes underwriters with the growth of its dedicated schemes underwriting team.
Cathie Bruce, Distribution and Customer Service Director at Groupama said: “We have seen a real increase in schemes premium growth in the last few years. This has been a major step forward but we still believe that there is a great opportunity to grow this area of our business. The schemes underwriting team have the proven skills and commitment to give brokers and intermediaries the ability to realise the opportunities this niche area of insurance offers them. Groupama has the strength, appetite and expertise to really build on our commercial schemes success.”
Groupama’s Schemes Underwriting Team is managed by Nick Cox and Paul Audsley, both Assistant Managers.
Following the appointment of two additional underwriters, Cox and Audsley will now oversee an underwriting team which comprises of eight members in total, each with a specific remit. Therese Crowhurste, Joy Boden, Gethin Pipe and Rav Sahota are Schemes Underwriters specialising in Property and Liability classes, while Ryan Fuller is a specialist Creditor and Contingency Underwriter. Matthew Clarke supports the team as Underwriting Assistant.
Bruce added: “The schemes market continues to show strong growth for us and has helped us to avoid the worst excesses of open market competition. This is also a key area for brokers too. Schemes business is very loyal and allows them to play to their strengths. Groupama’s specialist underwriting team has been developed to ensure that our business partners have access to what they need to support them as and when they need it. We can offer ease of access to high quality underwriting support with some tremendous market experience.”
She concluded: “We now have a very strong and diverse portfolio of scheme business including mainstream property and liability schemes through to a variety of contingency and miscellaneous classes which we are actively looking to grow. We have the team, technology and resources in place to really take advantage of the increasing demand.”
