Barbican strengthens non-marine reinsurance team
7 July 2013
Lucy Town appointed as underwriter
Barbican Insurance Group has today announced the appointment of Lucy Town as an underwriter in the firm’s non-marine reinsurance department, with immediate effect. Ms. Town will be underwriting US casualty reinsurance business and will report to Ondine Bourrut Lacouture, underwriting manager North American casualty reinsurance.
Ms. Town is an experienced treaty and facultative reinsurance underwriter who has worked across a broad range of lines including medical malpractice, professional liability and general liability. Prior to joining Barbican, she was the lead underwriter for Aspen Re’s US casualty book in London. She joined Aspen Insurance UK Ltd in September 2005 as an underwriting assistant, rising to the position of assistant underwriter in 2009.
Commenting on the appointment, Andy Caldwell head of non-marine reinsurance, said: “During her eight-year insurance and reinsurance career, Lucy has achieved significant success, rising quickly through the ranks and amassing considerable experience across a range of territories and lines of business. She is a highly motivated individual with excellent analytical skills, and I and the team look forward to working with her in her new role.”
Ms. Town added: “I am delighted to be joining the non-marine reinsurance team at Barbican. The company has built its market reputation upon the calibre of its underwriters, strength of its client relationships and its willingness to innovate and adapt in response to a changing market.” Ms. Town is ACII qualified and is a board member of the UK American Society of Workers Compensation Professionals
Barbican, non-marine, reinsurance, Town, Caldwell
+44 (0)20 7082 1910
Allen & Clapham
+44 (0)7988 478 824
Notes to Editors
Formed in 2007, Barbican Group Holdings is an insurance group writing business predominantly through its Syndicate at Lloyd’s. It also has a non-Lloyd’s financial solutions business based in Guernsey which offers commercial insurance solutions to the Channel Islands.
Barbican Syndicates 1955 and 6113 at Lloyd’s have a stamp capacity of £250m for the 2014 year of account and underwrite cyber liability, financial and professional lines, healthcare liability, international casualty reinsurance, marine insurance, marine reinsurance, North American casualty reinsurance, property, property reinsurance and corporate, middle market and scheme/affinity group clients in the UK and Ireland.
In the UK, all members of the Barbican Insurance Group of companies are registered in England and Wales and are subsidiaries of Barbican Group Holdings Limited (a company incorporated under the Laws of the Island of Guernsey). The members of the Barbican Insurance Group of companies that are incorporated in England and Wales are Barbican Holdings (UK) Limited (company no. 06410772), Barbican Corporate Member Limited (company no. 06400087), Barbican Managing Agency Limited (company no. 06948515) and Barbican Underwriting Limited (company no. 06634788). Barbican Managing Agency Limited which is authorised and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The registered offices of all members of the Barbican Insurance Group of companies are situated at 33 Gracechurch Street, London EC3V 0BT.