Former Pen, SRS chief and CUO resurface at Australian Lloyd's underwriter

Australian-based cover holder Epsilon Underwriting Agency has appointed former SRS Underwriting Agency and Pen Underwriting chief executive, Paul Lynam, as its chairman.

In addition, Paul O’Leary, former CUO at SRS Underwriting Agency and later Pen Underwriting, has been named chief underwriting officer of Epsilon.

"Both Pauls bring with them a wealth of experience and market presence both here in Australia and in particular the Lloyd’s market where they have enjoyed a market presence for over two decades," said Morgan Long, CEO of Epsilon. "We intend to broaden our capabilities and market offering as we see opportunities in a changing market."

Lynam commented: "I’m really looking forward to working with Morgan, Paul and the team in growing the business. We are both excited about renewing old relationships and forming new partnerships in the Lloyd’s market after a period of gardening leave."

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