SiriusPoint has launched a new crisis solutions business within its London Market Specialty division, with the new unit initially focused on war, political violence, and terrorism risks.
The global specialty underwriter said the business will be written through SiriusPoint Syndicate 1945, its Lloyd’s platform for London market specialty business. To lead the unit, SiriusPoint has appointed Paul Beattie (pictured) and Ed Winter as joint heads of crisis solutions. Beattie will join from Talbot Underwriting, while Winter will join from Markel. Both are set to start on December 1, 2026, and will report to Chris Fenn, SiriusPoint’s head of marine.
The appointments come shortly after SiriusPoint established its London Market Specialty division, signaling that the company is looking to build out specialty classes where it sees stronger demand.
“This launch reflects a sustained increase in demand for crisis management solutions, as geopolitical tensions and conflict events continue to drive greater awareness of these risks. This is the first step in our long-term strategy to invest in the London Market in areas where we see both demand and opportunity,” said David Govrin, CEO of Global Reinsurance & London Market Specialty at SiriusPoint.
The new team will be based in London, where SiriusPoint plans to expand its underwriting, exposure management, and claims capabilities for the business. The company said the class will also support adjacent lines such as ports and terminals, and specie, where terrorism and political violence exposures are becoming more relevant.
Chris Fenn, head of marine at SiriusPoint, said the launch is also tied to the company’s plans for Syndicate 1945.
“The launch of crisis solutions reflects both our ambition to grow Syndicate 1945 and our commitment to supporting the Lloyd’s market with differentiated capability. Ed and Paul are two of the most established and well-regarded underwriters in this space, each with a proven track record of building successful books. Bringing them together is a defining moment for both the market and SiriusPoint, giving us the scale, expertise and credibility from day one to build a disciplined, durable portfolio,” Fenn said.
