Headquarters address: 60 Threadneedle St, London EC2R 8HP, United Kingdom
Year established: 1987
Size (employees): 350+
Global locations: Singapore, UK, USA
Gross written premiums (2021): $1,271.6 million (£1,011.1 million)
Expertise: Accident & health, cargo, crisis management, cyber, downstream energy, financial lines, fine art & specie, marine, political risk, political violence, property, treaty, upstream energy
Key people: Chris Rash (CEO), Russell Bean (chief underwriting officer), Julian Ross (chief risk officer), Richard Cowling (chief financial officer), Ian Peterson (active underwriter for Syndicate 1183), Diane Gallacher (human resource director), Glen Browse (chief information officer), Shalin Haria (chief actuary)
About Talbot Underwriting
Talbot Underwriting Ltd is an international insurance and reinsurance company operating with the Lloyd’s market through Syndicates 1183 and 2019. The insurer is among the market leaders in the energy, marine, and war and terrorism sectors.
The London-based firm writes a diversified portfolio of 25 product lines, which include marine, energy, terrorism and political risk, property, financial institutions, contingency, treaty business, accident, health, bloodstock, and livestock.
Talbot has been a member company of industry giant AIG since 2018. It also holds offices in Singapore and New York, USA. The company employs more than 350 staff globally.
Talbot Underwriting in the news
November 2016: Talbot Underwriting launches terrorism consortium
February 2017: Talbot Underwriting launches terror facilities in three markets
May 2018: Talbot Underwriting expands political risk and credit team
May 2018: Talbot expands construction team in Singapore
September 2018: Former Chubb senior underwriter joins Talbot
May 2019: Former Marsh vice chairman joins Talbot Group
July 2020: Talbot Underwriting names new CFO
September 2020: Talbot Underwriting gets new chief
December 2020: Talbot Underwriting Services loses in employment tribunal case
Leadership at Talbot Underwriting
Chris Rash – CEO
Rash was appointed as chief executive officer at Talbot Underwriting in 2020. He came aboard from StarStone Group, where he was most recently interim group CEO. He also served as CEO of international and deputy group CEO at the firm.
Rash is a seasoned executive with extensive international leadership experience in insurance and finance. He joined StarStone in August 2018 as executive chairman before assuming the newly created role of president in October 2018. In this role, he led the execution and operational capabilities of the firm. Rash also held various senior leadership positions at several industry giants, including as group CFO for MS Amlin plc and group chief accountant at RSA Group.
Firms being offloaded include Validus Reinsurance and Talbot Underwriting
Activists "not asking nicely anymore," says spokesperson