Utilized Underwriters has named John Black (pictured) to the position of govt vice chairman of the corporate’s newly expanded Utilized Specialty Underwriters.
Black will give attention to center market E&S casualty dangers as a part of his new position as EVP. An organization launch added that his division has plans to introduce main and extra property this yr. Black may even be primarily based in Utilized Specialty’s workplace in New York following his appointment.
With over 35 years of expertise, Black is an completed underwriter. He beforehand served because the chief underwriting officer of CM Vantage Specialty – an E&S insurer which he co-founded. Black has additionally held quite a lot of different management roles at regional, nationwide, and worldwide insurers, resembling QBE Insurance coverage, Capitol Insurance coverage Corporations, Crum & Forster Insurance coverage, in addition to USF&G. He additionally has a Chartered Property Casualty Underwriter (CPCU) designation.
“We now have seen Utilized Specialty take off handsomely, as the present market’s urge for food for experience and depth on this sector grows aggressively,” stated Utilized Underwriters CEO Steve Menzies. “With the naming of John Black and the opposite professionals at Utilized Specialty, we’re demonstrating our dedication to management on this market sector, for brokers and brokers.”
Learn extra: Utilized Underwriters launches new enterprise unit
Earlier this month, Utilized Underwriters launched a brand new US-based division of its Utilized Monetary Strains enterprise unit. The corporate additionally tapped Stephen McGill to function the division’s president.