Charles Taylor Adjusting has swooped on a three-decade veteran to bolster its trade credit and political risk business.

The company, which provides services and technology solutions to the global insurance market, has moved for Mike Holley as business development consultant for the division. Holley has worked in the sector for more than 35 years and includes the likes of ECGD and Equinox Global on his CV.

“The political risk and trade credit market has grown both in size and in the level of its professionalism over recent years,” said Holley. “Charles Taylor Adjusting is one of the few organisations operating in this area that combines the specialist expertise of managing claims in this class with the infrastructure of a global adjusting business. I believe Charles Taylor Adjusting offers an excellent platform to develop and grow the loss adjusting side of the business, for the ultimate benefit of customers and other stakeholders.”   

According to Andy Rice, managing director of property, casualty, technical and special risks at the firm, Holley’s role will be to strengthen, develop and grow the loss adjusting business in the class.

“Charles Taylor Adjusting has been providing high quality loss adjusting services to the political risk and structured trade credit market for many years,” he said. “We believe the time is right to invest further in this class, in order to strengthen and expand our offering in the London market and beyond. Mike has a wealth of experience in trade credit and political risk and we are delighted to welcome him to our team.”