Lloyd’s MGA Brace hires head of underwriting from Hiscox

Beat Capital-backed  Lloyd’s of London MGA Brace Underwriting has hired a Hiscox executive to oversee its underwriting strategy, market engagement and capacity partnerships as it looks for opportunities to strategically expand the business.

Beat Capital-backed Lloyd’s of London MGA Brace Underwriting has hired a Hiscox executive to oversee its underwriting strategy, market engagement and capacity partnerships as it looks for opportunities to strategically expand the business.

Tom Sambrook (pictured) joins as head of underwriting. Based in London, he will report to Adam Holberry, co-founder and chief executive officer of Brace.

Sambrook joins Brace from Hiscox where he has held various roles since 2012. Most recently he held the role of interim line underwriter within the alternative risk book - a diversified portfolio of MGA partnerships with coverage across various territories.

Holberry said: “Tom is an excellent fit for Brace and his experience within the Alternative Risk space will be a significant boost to our broker, coverholder and capacity partnerships as we explore opportunities to strategically expand the business.

This appointment further represents Brace’s continued investment in market leading talent, representing our commitment to build an exclusive number of diverse MGA relationships; each one a niche sector specialist.

“Tom’s appointment will allow us to further execute upon the significant opportunity that the market presents in 2023 and beyond. His diverse experience makes him the perfect addition to the Brace leadership team and I look forward to working with him whilst we continue to provide the innovative solutions that our partners within the global multi-line MGA space require.”

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