Specialty insurance managing general agent RAISE Underwriting has appointed Ken Lam as head of construction, P&C insurance.
Lam will lead RAISE’s construction and real estate practice in his new role. A release noted that he will focus on growing the MGA’s existing product offering while developing new solutions for brokers.
Joining RAISE from Berkley Canada where he previously served as vice president of national construction, Lam has 20 years of insurance experience. He has also worked for some of Canada’s biggest names in insurance, including Liberty Mutual Canada, Aviva Canada, and Zurich Canada. He also previously was a senior underwriter at XL Catlin.
“We are thrilled to welcome Ken and his passion for the insurance business to RAISE,” said RAISE Underwriting CEO Matt Baynton. “We look forward to Ken’s contributions and expertise as we endeavour to solve problems for our broker partners.”
“I’m excited to be joining the entrepreneurial culture that RAISE has established and apply my solutions-oriented underwriting approach to brokers across Canada,” said Lam.
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RAISE Underwriting named Baynton CEO last year; he joined the MGA from Trisura Guarantee Insurance, where he spent the last 14 years of his insurance career.