IQUW reveals new heads of global property book

Re/insurer  IQUW has bolstered its property leadership with two new appointments.

Robbie MacDonald (pictured bottom) has been promoted to head of property direct and facultative (D&F), and Tom Hennessey (pictured up) to head of property, delegated authority (DA).

Both based in London, they will be jointly responsible for the global property book, and will report to Steven Tebbutt, active underwriter at IQUW.

MacDonald, who has been promoted from his role of lead underwriter, property D&F, joined IQUW D&F underwriting team in 2021. MacDonald started his career at Marsh in 2007 in London, before moving to Tokio Marine Global, followed by a move to Tokio Marine Kiln, and then to Tokio Marine HCC.

Hennessey started his career at Price Forbes & Partners as an insurance broker in the property team. After nine years, he moved to be a property underwriter at Hiscox, before moving to Arcus Syndicate in 2020. When Arcus was acquired by IQUW in 2021, he became lead underwriter, DA, at IQUW.

The duo will be supported by the other property team members, including lead underwriter John Brown, who has over 20 years’ experience in the property insurance industry, and Stuart Bell, head of property claims. Both joined in 2022 from Beazley.

IQUW said it is also invested in technology to support the underwriting team by developing next generation tools that provide real-time access to external data sources to provide valuation, mapping, and risk scoring metrics.

“I am delighted to be able to promote Robbie and Tom into their new roles to support our brokers and continue to grow our property portfolio,” said Tebbutt. “Their appointments will help us retain our lead capability – particularly as we enter an important renewal season - and develop our proposition as we continue our invest in technology, data, and analytics to help inform underwriting decision making and empower our team through real-time access to valuation, mapping, and risk scoring metrics.”

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