Lloyd’s MGA Brace swoops for Canopius talent to build global multi-line facilities business

Beat Capital-backed Lloyd’s of London MGA  Brace Underwriting has hired a senior underwriter from Canopius to help build long-term underwriting partnerships in the global multi-line facilities market, as it looks to further expand its business.

Neil McMillan is the latest to join Brace in London, following the appointment of Glenn Dorr, formerly of Hiscox, as head of distribution for North America.

McMillan has nearly four decades of specialty London market experience. He joins from Canopius where since 2013 he held the role of underwriter in the North American facilities department and was also a lead underwriter in property and casualty business emanating from MGAs.

Prior to Canopius, McMillan has held a number of senior positions including North American class underwriter at Brit, vice president of Alea London’s North American facilities division and deputy underwriter at Zurich Specialties in London.

In his new role, McMillan will report to Adam Holberry, co-founder and chief underwriting officer of Brace.

Based in Lloyd’s, Brace is part of Beat Capital Partners, writing consortia operated by Beat Syndicate 4242.

Holberry said: “We are pleased to welcome an underwriter of Neil’s calibre and vast experience. Hot on the heels of Glenn Dorr’s recent appointment in the USA as head of distribution, Neil’s joining signals Brace’s continued expansion and investment in leading talent.

“Neil has extensive knowledge of the North American delegated authority market and his appointment further demonstrates our commitment to building long-term underwriting partnerships in the global multi-line facilities market.

“2022 promises a wealth of exciting opportunities and we look forward to standing shoulder to shoulder with our brokers, coverholders and capacity partners as we execute our strategic plan to expand the business.”

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