Westfield Specialty Announces Executive Team and Lines of Business Westfield Surgery Syndicate 1200 has a book of business sized at an estimated $650 million and is focused on numerous lines of specialty insurance. Shop, eat and play at more than 350 retailers at Westfield London! Westfield recently acquired Lloyds of London Syndicate 1200, establishing the company as a global franchise. "This acquisition demonstrates Westfields commitment to the international specialty market," says Westfield President, CEO and Board Chair Ed Largent. Graham Evans - Westfield Specialty Executive Vice President and Head of International Insurance (Photo: Business Wire) As a 35-year veteran of the London specialty insurance market, Evans will be . 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730 Successfully executing on its Specialty Insurance expansion strategy, Westfield today announced its entrance into the international specialty market via the purchase of Lloyd's of London Syndicate 1200 from Argo Group International Holdings, Ltd. (NYSE: ARGO). Westfield brings deep expertise and experience to the international specialty market. Subject to regulatory approval, the acquisition is expected to close in the first half of 2023 for a purchase price of approximately $125 million. Together, they will shape the business and build an even stronger portfolio of international business.. Ariel Way Shepherds Bush LONDON W12 7GF. Hope you keep up the great work. symptoms and conditions. Westfield Specialty Managing Agency Ltd is an active company incorporated on 12 May 1999 with the registered office located in London, City of London. 13 Oct 2008, 26 Mar 1999 - 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. Under Kuhns leadership, the team is targeted to write $250 million of premium in 2022 during its first full year of operation. You can change your cookie settings at any time. 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 - Under Kuhns leadership, the team is targeted to write $250 million of premium in 2022 during its first full year of operation. Advice: Please contact reception on 01761 436333 in the usual way to make an appointment. I always knew you would be succesful at whatever you attempted! Learn more about Westfield at www.westfieldinsurance.com. 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.. Today, as a leading property and casualty (P&C) insurance company in the United States, we remain true to their vision and are dedicated to making a positive difference in our customers lives. Today, 175 years later, as a leading U.S.-based property and casualty insurance company with $8.5 billion in GAAP assets, Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of over 1,000 leading independent agents and brokers. 1y I'm excited to share that I've joined Westfield Specialty as VP, Head of Enterprise Applications! Graham Evans to Lead New International Insurance Platform at Westfield Sidley Austin LLP served as legal counsel and Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor to Westfield on this transaction. Westfield Specialty president Jack Kuhn said the purchase of Argo's Syndicate 1200 gives the carrier "an accelerated entry into the international marketplace," allowing Argo to redeploy capital as it sees fit. Westfield Expands Into International Specialty Insurance Business With This acquisition is our first step in establishing a global franchise for Westfield, commented Ed Largent, Westfield President, CEO and Board Chair. | See opening hours and plan your visit online Ed Largent, Westfield President, CEO, and Board Chair, commented: This acquisition is our first step in establishing a global franchise for Westfield. 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 the well-established Lloyd's of London platform. westfield specialty insurance Archives - Insurance Journal Sidley Austin LLP served as legal counsel and Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor to Westfield on this transaction. Richard McNeill BA(hons), MBA - Chief Information Officer - Westfield Syndicate 1200 has an estimated $650 million book of business, which is focused on various lines of specialty insurance. Westfield said it has expanded into the international specialty insurance market by buying Lloyd's Syndicate 1200 from Argo Group International Holdings for about $125 million. The company also provides specialty lines of insurance in the U.S. and now in the global specialty market. Westfield Specialty acquires Argo's Lloyd's Syndicate 1200 in $125m WESTFIELD CENTER, OH (October 4, 2021) Westfield Specialty is announcing the experts joining its executive underwriting team and the insurance solutions they are now offering to protect businesses. Together, they will shape the business and build an even stronger portfolio of international business.. Syndicate 1200 has an estimated $650 million book of business, which is focused on various lines of specialty insurance. Specialty Foods Restaurants at Westfield London (19) All a b e f o p q r s t u v w x y z 0-9 Ben's Cookies From 10:00 AM to 07:00 PM Bindas Eatery From 12:00 PM to 09:00 PM 2 Deals & Offers Copper Chimney From 12:00 PM to 10:00 PM 1 offer Hotel Chocolat From 12:00 PM to 06:00 PM Deals & Offers We will continue to add talent to these teams and look for other opportunities in the marketplace to provide underwriting expertise. WESTFIELD CENTER, Ohio (February 2, 2023) Westfield today announces the completion of its acquisition of Lloyd's of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO). 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. WESTFIELD SPECIALTY MANAGING AGENCY LTD Company Profile | LONDON President of Westfield Specialty and industry veteran, Jack Kuhn, has a proven track record of success leading global, multi-billion-dollar specialty businesses and emphasized Westfields commitment to international expansion. Westfield Specialty takes Aviva's Fellows and targets London D&O launch 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. Centre. Find out more about For more information about Westfield Specialty solutions, visit westfieldinsurance.com. 07337195 Kuhn expects a seamless transition. Together with Graham Evans, Westfield Specialty Executive Vice President and Head of International Insurance, they will build on the existing strength of Syndicate 1200 and create an underwriting-focused, market-leading Lloyds business as a core part of Westfield Specialty. Underwriter Political Violence and War at Westfield Specialty Insurance London. The new, global operation will reside within Westfield Specialty, which currently writes specialty business in the U.S. Under Kuhns leadership, the team is targeted to write $250 million of premium in its first full year of operation. Westfield brings deep expertise and experience to the international specialty market. Samuel Casey 01 June 2023 Westfield Specialty is planning a launch into the London D&O market through Syndicate 1200 and has hired Mark Fellows from Aviva to lead the buildout in the class,. Specialty Services Stores Shopping Center |Westfield London 02 Jun 2009, 01 Jul 1999 - Bloods to be taken 2 weeks prior with the Health Care Assistant. Sam Corbett - Underwriting Assistant, Credit and Political Risk "Jack and Graham have enjoyed a long professional relationship spanning more than 20 years in the international specialty market," continued Largent. Claims Leadership | Westfield Insurance 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. We use some essential cookies to make our services work. Evans will develop Westfield Specialtys international strategy and will lead the integration of Lloyds Syndicate 1200. Westfield Specialty (International) Camomile Court, 23 Camomile Street, London, England, EC3A 7LL 8th September 2022 - Author: Luke Gallin Westfield Specialty, a U.S. property and casualty insurer, has accelerated its "rapid growth" with the acquisition of Lloyd's Syndicate 1200 from Argo Group International Holdings, marking its entry into the international specialty market. Westfield Completes Acquisition of Lloyd's of London Syndicate 1200 Centre Westfield London #promotion #peoplemakethedifference #westfield #westfieldspecialty #westfieldspecialtyinsurance #technology #thankyou. "This acquisition is our first step in establishing a global franchise for Westfield," commented Ed Largent, Westfield President, CEO and Board Chair. 30 September 2023, Last accounts made up to Billing questions? He says that the international team is well positioned and will go to market as Westfield Specialty, leveraging the well-respected, 175-year-old Westfield brand and the strength and stability of the Lloyd platform. 08 September 2022 Westfield Specialty has named industry veteran Graham Evans to lead the integration of Lloyd's Syndicate 1200, which the US carrier is acquiring from Argo Group for $125mn. Kuhn recently announced Graham Evans to the Westfield Specialty executive management team as Executive Vice President, Head of International Insurance. The patient needs to be referred to Bath Travel or MCP leaflets on Reception to find out what they need first. Back to Top. 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. Westfield was founded in 1848 by a small group of hard-working farmers who believed in the promise of the future and the power of the individual. Westfield Specialty has named industry veteran Graham Evans to lead the integration of Lloyd's Syndicate 1200, which the US carrier is acquiring from Argo Group for $125mn. 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 Ssshh, only loyalty members know about these deals. Senior Knowledge Analyst at Boston Consulting Group (BCG). We are glad to have you on board. We have 220,000+ readers every month & 25,000+ email subscribers. The deal remains subject to regulatory approval but is expected to close in the first half of next year for a purchase price of approximately $125 million. 3 min read Commits Resources, Expertise to International Specialty Market WESTFIELD CENTER, Ohio, February 02, 2023 -- ( BUSINESS WIRE )-- Westfield today. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Hadie Bartholomew, hadiebartholomew@westfieldgrp.com, Internet Explorer presents a security risk. The acquisition. Weve had our sights set on the international specialty market since launching our specialty business a year ago, so this is Westfield executing on our original strategy, said Kuhn. Call us MonFri, 8a8p EST. The international operation will reside within Westfield Specialty, which currently writes specialty business in the U.S. 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. 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. 06 Feb 2023, 13 Oct 2008 - "The Syndicate 1200 team has created a successful business, and we are ready to build on their momentum as part of Westfield Specialty," says Evans. London, England, United Kingdom. Congratulations Terence, wishing you all the best in your new organization !!!! So happy for you and excited to follow your continuing success , Congratulations Terry, you rock! Stores Categories. Under Kuhns leadership, the team is targeted to write $250 million of premium in 2022 during its first full year of operation. We use cookies to make our services work and collect analytics information. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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.". Westfield Specialty is in advanced negotiations to buy Argo's 600mn-GWP Lloyd's business, . "The Lloyds of London market offers long-term growth opportunities and were excited to offer brokers, agents, and clients greater access to Westfields expertise and product offerings.". Westfield Specialty Launches Environmental Liability View source version on businesswire.com: https://www.businesswire.com/news/home/20220908005420/en/, Hadie Bartholomew, hadiebartholomew@westfieldgrp.com, https://www.businesswire.com/news/home/20220908005420/en/. 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. 01 Jul 1999. Sidley Austin LLP served as legal counsel and Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor to Westfield on this transaction. Did you know you can help improve NHS Services? He brings international specialty experience to the firm having served in leadership roles at Chubb, CNA, AXIS, and his most recent role leading Endurance/Sompos European operations. 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. Commits Resources, Expertise to International Specialty Market. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. In todays business environment, risk is constantly changing and becoming more complex thus it requires a specialized expertise. Jack and Graham have enjoyed a long professional relationship spanning more than 20 years in the international specialty market, continued Largent. This infusion of talent and the focus on service, relationships, and solutions backed by Westfields financial strength, stability and reputation - is a market differentiator.. Aug 2021 - Present1 year 11 months. Evans will develop Westfield Specialtys international strategy and will lead the integration of Lloyds Syndicate 1200. 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.
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