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Apollo expands into casualty treaty business with new hires

Apollo expands into casualty treaty business with new hires | Insurance Business UK

Apollo expands into casualty treaty business with new hires

Apollo Syndicate Management has appointed Paul Sandi to head it new casualty treaty team within Syndicate 1969, subject to Lloyd’s approval.

Sandi, who has nearly 20 years of industry experience, joined Apollo from Canopius, where he was head of casualty treaty. He oversaw the creation of a new US casualty treaty portfolio for Canopius.  Prior to that, Sandi was a casualty reinsurance underwriter at Liberty Syndicates, where he was part of a team that wrote the largest North American casualty reinsurance book at Lloyd’s. Sandi began his insurance career at Price Forbes.

Apollo also announced that casualty treaty underwriter Anthony Thurman will join the company from Canopius in the near future.

“Paul is particularly experienced in optimising client needs while at the same time achieving profitable growth,” said David Ibeson, Apollo CEO. “This extensive experience will make him invaluable in building Apollo’s casualty treaty offering, and we are delighted to welcome both Paul and Anthony the company.”

“It is an exciting opportunity to join Apollo as it continues to build on its existing strong underwriting offering, increasing profitability and expanding strategically into its next stage of growth,” Sandi said. “Creating a new casualty treaty business will give brokers and clients a wider variety of choice, while current market conditions mean that this is an opportune time for expansion.”