Brit hires former Advocate Reinsurance CEO for specialty platform Scion

Specialty re/insurer Brit has hired Scott Brock as president of its newly formed specialty platform Scion Underwriting Managers.

Brock will be responsible for building and managing the operations of Scion.

Scion will partner with Brit, other markets, as well as third party capital, to support the insurance needs of several targeted industries, both in the US and international markets.

Brock was most recently at Advocate Reinsurance Partners, where he joined as CEO in 2010 and oversaw all aspects of its operations until its sale in 2016. He also co-founded Tobat Capital, where he was fundamental in all aspects of the company, including capital raising and portfolio management. Prior to this, Brock held a number of leadership roles at EW Blanch Company.

Matthew Wilson, Brit CEO, said: "Scott is an exciting hire. His strong insurance background and experience as an investor makes him well positioned to help us establish a compelling offering for the Group. We look forward to working with Scott to develop new products that match the needs of several targeted sectors, while leveraging our distribution reach and Scott’s proven ability to effectively build-out new businesses. Providing an attractive home for leading industry talent continues to be an important part of our strategy, and Scott represents another high quality appointment."

Brock added: "I look forward to working with the entire Group in building-out the Scion platform over the long term. We have several exciting opportunities in front us and are busy putting the pieces in place to capitalize on these. I have always had a great deal of respect for Brit and I look forward to being part of its industry leading team."

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