MGA Spring Insure targets financial lines growth with senior hires

Financial and professional lines MGA  Spring Insure has boosted its team of specialist underwriters as part of its plans to significantly expand its footprint in the UK and European FinPro sector.

James O’Halloran (pictured left) has joined as development underwriter with responsibility for driving forward Spring Insure’s broker relationships across all lines (financial institutions, professional indemnity, directors & officers and cyber) in both the UK and Europe. A key part of his role will be engaging with new brokers across the UK and Europe who do not currently have a trading relationship with the MGA.

O’Halloran, who has over eight years insurance market experience, joins from CFC Underwriting where he was responsible for developing its Canadian PI portfolio. Based out of Spring Insure’s London office, O’Halloran will report to group CEO Tristan Sargeaunt.

Charlie Cooper (pictured right) joins as underwriter for financial institutions, fintech and cyber insurance programmes for both commercial and financial services SME businesses following rapid growth in the portfolio. With over six years insurance experience he joins from broker Protean Risk, and will report to Bethany Thomas, FI Team Leader, based in London.

The two new hires bring Spring Insure’s team to 27 in total spread across its offices in London, Dublin, and Guernsey.

Tristan Sargeaunt, Spring Insure, Group CEO, commented: “Our ability to attract specialist underwriters of such a high calibre underlines our growing reputation in the sector for delivering for both our brokers and their clients in the financial lines market. These senior appointments are also central to our plans to increase our market share in financial institutions and commercial PI and to deliver on our ambitious growth targets.”

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