Barbican expands property team with ex-AIG exec

Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Richard Smith as a property package underwriter.

Based in Manchester, Smith will report to the head of property and package Samantha Brown.

He most recently served as a senior property underwriter at AIG UK, having joined the firm in 2007. Smith has over 35 years of experience in the insurance sector. Prior to AIG, he worked at ACE European Group as a senior commercial underwriter.

Stuart Kilpatrick, managing director of Barbican Protect, said: "The highly competitive nature of the UK property sector makes experience a critical part of our ability to stand out.

"Richard has a wealth of market experience that combines strong technical underwriting skills with proven business development capabilities and excellent market-facing skills. It is a pleasure to welcome him into the Barbican Protect team and I am sure he will hit the ground running in his new role."

Smith added: "Barbican Protect delivers products designed around the specific requirements of the sectors in which their clients operate, rather than based on particular lines of business. This enables them to create solutions that are more closely aligned with the needs of their brokers.

"For me, this is an ideal underwriting approach and I am very much looking forward to working with my colleagues to deliver these client-centric solutions."

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