It’s a step up for Probitas 1492 veteran, Paul Nolan.

Described as a “strategic internal promotion,” Nolan will move into the role of head of professional indemnity and financial institutions with immediate effect. He is set to work closely with head of financial institutions Ernesto Medina on strategic and portfolio management, with the latter to also retain responsibility for the underwriting of the financial institutions account while reporting into and collaborating with Nolan.

In a release announcing the promotion, Probitas noted that Nolan boasts a “proven track record in building a successful PI book for the syndicate.”

“This is… a direct result of Paul’s demonstrable ability to navigate market conditions and consistently deliver impressive results on our PI book,” said Neila Buurman, chief underwriting officer of casualty. “Under his leadership we believe we can further strengthen our position within the FI market for the syndicate.”