Appointment of Peter Jenkins and John Lentaigne as Co-heads of Political & Credit Risk

07-06-2013

Brit Group (“Brit”) today announced the appointment of Peter Jenkins and John Lentaigne as Co-Heads of Political & Credit Risk. This marks Brit’s entrance into the Political & Credit Risk market and will complement Brit’s existing War & Terrorism team. The new team will form part of the expanding Property, Space & Terrorism Division headed by Tom Rowley.

Between them, Peter and John have 25 years’ experience in political and credit risk underwriting, which spans Lloyd's and Company markets in UK, New York and Bermuda. Peter joins from Beazley, where he was Senior Underwriter - Political, Terrorism & Credit Risk, while John was previously with AXIS Speciality as Vice President - Capital Risk Solutions.

Matthew Wilson, Chief Executive Officer of Brit Global Specialty, commented:
“Expanding into the political and credit risk space has been part of Brit’s strategy for a long time as we see it as the natural next step in building on our exceptional track record in terrorism underwriting.

“In Peter and John we have a formidable and thoroughly experienced leadership team, and I am absolutely delighted to welcome them to Brit as our Co-Heads of Political & Credit Risk. Their complementary and diverse skill sets are exactly the right blend, and their appointments demonstrate our commitment to the class.”

Peter spent six years as a Senior Underwriter within the Political, Terrorism & Credit Risk team with Beazley syndicate at Lloyd’s of London before joining Brit. Prior to this, he worked for AIG's Global Trade & Political Risk team in both New York and London. He also served as an Officer with the British Army after graduating from the Royal Military Academy Sandhurst. He has a BA & MA, Philosophy, Politics & Economics, from Pembroke College, Oxford University. Peter also attended the Developing Leaders at Lloyd’s program at the London Business School.

John has worked for three of the most respected markets in the political and credit risk space: Ace, Catlin and most recently AXIS, which he joined in May 2011 as Vice President within the Capital Risk Solutions team. He spent four years working for Catlin as a Credit & Political Risk Underwriter on both London and Bermuda platforms. John began his career with Ace in 1998, underwriting specialist insurance books of Political Risk, Terrorism and Aviation War. He has an MA, Modern History, from University College, Oxford University.

ENDS

For further information, please contact

James Olley / Edward Moore, Brunswick +44 (0) 20 7404 5959

About Brit Insurance
Brit is a market leader in global specialty insurance and reinsurance. We underwrite across all major classes of commercial insurance with a strong focus on Property, Casualty and Energy business. Brit is a reputable and influential name in the Lloyd’s market and we pride ourselves on our specialist underwriting and claims expertise.