Brit Ltd (“Brit” or “the Group”), the global specialty insurer and reinsurer, is pleased to announce the appointment of Kent Stepanishen as Senior Vice President to launch a new Inland Marine team for Brit Global Specialty USA.
Kent will write Inland Marine targeting, builder’s risk, contractors’ equipment and associated property risks through wholesale brokers. The move expands Brit Global Speciality USA’s existing E&S property offering and is part of the Group’s strategy to focus on growing profitably in specialist areas where it can leverage its expertise and service to create a differentiated offering. Kent comes to Brit from Catlin, where he held the position of Director of US Inland Marine. He will be based in Brit’s New York office and report to Noreen Metcalfe who runs Brit’s Property business in the US.
Nick Davies, President Brit Global Specialty Americas commented:
"Kent brings significant expertise and a strong reputation in a highly specialized market; we are delighted that he has joined Brit to launch our new US Inland Marine team. This is a natural extension of our expanding E&S property footprint.; We are also excited about the potential for product alignment with our new General Liability team, particularly for construction risk. This is a great strategic fit for our US business.
Matthew Wilson, CEO Brit Global Specialty and Brit Group Deputy CEO added:
“We continue to take advantage of the agility of our Lloyd’s service company in the U.S. With a focus on specialty E&S products, our US platform is driving sustainable, profitable growth for the Group in our largest and fastest growing market. We are very pleased to welcome Kent to Brit.”
The team will aim to begin underwriting business in December, subject to Lloyd’s approval.