Arrow Risk announces new hires as it launches financial and professional lines practice

Arrow Risk Management has announced the launch of a new financial and professional lines underwriting practice.

In a statement released yesterday (16 August 2023), the firm said business would be written on the Arrow MGA platform, while operational services and carrier data provision would be delivered through its quiver technology model.

As part of the move, the specialist MGA underwriting platform also revealed that it had appointed experienced underwriters Andrew Wood and Ben Cubitt.

They will join the team and commence underwriting following the completion of their contractual notice periods.

Experience

The new practice will be led by Wood, who has worked in the financial and professional lines market for more than 20 years.

Most recently, he was a class underwriter of financial institutions at International General Insurance (IGI), which he joined in 2008.

Meanwhile, Cubitt brings over 13 years of underwriting experience in the financial lines sector to the team.

He also joins from IGI, where he was senior underwriter of financial institutions.

Mark Harrington, Arrow Risk’s chief underwriting officer, said: “Andrew and Ben are two extremely experienced and successful underwriters who are committed to building out a well-balanced book of business over the long-term and we are delighted they have chosen the Arrow platform from which to achieve this aim.”