2 January 2018Insurance

Pioneer launches ocean marine division

Pioneer Underwriters has launched a new ocean marine underwriting capability with the appointment of Zach McAbee as head of the new unit.

The new division will underwrite hull/P&I and primary & excess marine liability, initially focusing on the north-west region of the US.

McAbee was most recently as head of ocean marine at Crum & Forster, where he launched an ocean marine department and opened and staffed three offices in New York, Houston and Seattle. Prior to this, McAbee was vice president of ocean marine for the Midwest Region at Liberty International

McAbee is based in Seattle and reports to Gene Hinman, chief executive of Pioneer’s US operation.

Hinman said: “Zach has an impressive track record of developing profitable books of business in this niche market and Pioneer will provide him with an excellent platform from which to trade with his established network of close broker relationships. This recent appointment is in line with our strategy to establish a regional hub network to access local markets and enhance the scope of our business.”

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