Lancashire Holdings Ltd. said Monday it has begun underwriting in the U.S. excess and surplus lines market.
Lancashire will write the U.S. business under Lancashire Insurance (US) LLC and do business as Lancashire Insurance Specialty Services, the Bermuda-based insurer and reinsurer said in a statement.
The U.S. business will be led by CEO Hugh Jones, previously group head of specialty insurance, and will be based in Greenwich, Connecticut, according to an email from a Lancashire spokesperson.
Lancashire US operates under a delegated underwriting arrangement with Lancashire’s UK business. Lancashire operates two Lloyd’s of London syndicates. The statement said the initial products introduced in the US would be hazardous to property and energy.
Christopher Curtin, who joined Lancashire from Everest Insurance last year, is head of US assets. Brian Quinn, who joins from AXA XL, a unit of AXA SA, is senior vice president of energy casualty.
