RSA bolsters London Market hull team with two hires

Commercial insurer RSA has expanded its London Market hull underwriting team with the appointment of Stuart Forsyth as business leader and Danny Bell as an underwriter.

In this role, Forsyth will oversee RSA’s team of marine hull and construction underwriters, which includes Bell.

Forsyth joins from the Scottish Boatowners Mutual Insurance Association, where he served as CEO for 16 years.

In this capacity, Forsyth led the association’s diversification into new territories and broadened its membership beyond the UK fishing industry into short sea and brown-water trading vessels.

Bell has experience as a hull claims specialist, having spent the last 10 years working as an adjusted.

He joined RSA’s marine claims team in January 2015 as a senior marine claims adjuster.

Rob Cook, London market marine director at RSA, said: “As well as his technical and leadership skills, Stuart has extensive experience in managing relationships with brokers and clients and will be working with the team to ensure our ongoing hull proposition remains market leading.

“We have an excellent track record of recruiting underwriters from our claims teams. We have found their extensive technical knowledge and understanding of the difficulties faced by clients a real benefit in devising and negotiating effective and practical case level risk transfer solutions. Danny and Stuart bring a diverse range of skills and experience to our team and we’re delighted to welcome them on board.”