Lloyd’s re/insurer MS Amlin Underwriting has launched a new subsidiary, MS Amlin Distribution Holdings (MS ADH), in the US.
The launch of MS ADH is part of MS Amlin Underwriting’s strategy to strengthen its US presence.
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David Mocklow will head the MS ADH as a CFO & chief claims officer and will report to Johan Slabbert CEO of MS Amlin Underwriting and MS ADH.
Mocklow will join MS ADH from Gramercy Risk Management and brings over two decades of experience in re/insurance and capital markets.
MS ADH is expected to play a crucial role in its parent’s US underwriting strategy, which was announced earlier this year with the acquisition of the International Transportation and Marine Office (ITMO).
As part of the US underwriting strategy, the UK-based re/insurer recently made a minority investment in InQlusiv, an environmental, social & governance (ESG) focused MGA.
Earlier this week, MS Amlin AG (MS AAG) unveiled a new agriculture reinsurance offering.
The new offering will be available globally and offer coverage such as crop insurance, livestock insurance, aquacultural insurance, forestry, and weather index products.
The launch, MS AAG said, is part of its global diversification strategy.
Rinat Bektleuov will lead the new offering as product group lead underwriter.
Bektleuov joins from Partner Re and brings almost 20 years of experience in agriculture re/insurance.
MS AAG CUO Charles Goldie said: “Operating alongside our sister company, MS Amlin Underwriting, I am confident that our entry to the agriculture market will provide clients with excellent additional reinsurance solutions, and further strengthen MS Amlin’s overall agriculture portfolio.”
