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Hiscox appoints new cargo underwriting lead

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Topics: Marine Cargo Market Moves

Hiscox has appointed Aimee Nolan to head up its London Market cargo underwriting team...

As Cargo Line Underwriter, Nolan will be based in Hiscox’s London office reporting to Mike Southgate, Divisional Director for Marine, Energy and Specialty. Previously Deputy Head of Cargo at Canopius since 2016, Nolan also had a four-year spell as a Senior Underwriter at Amlin, as well as broking roles with Glencairn Limited and Aon Limited. Nolan was elected as a member of the International Cargo Insurance Conference committee (ICIC) in January 2019.

Nolan will manage a cargo team of four underwriters with additional support in pricing and exposure management, and be responsible for continuing to build Hiscox’s reputation as a leading cargo underwriter in the London Market.

Commenting on the appointment, Mike Southgate says: “Cargo owners around the world face increasingly complex operating challenges related to issues such as pandemic induced capacity problems, customs delays and economic sanctions. Cargo insurance is a core part of our offering and helping our clients to effectively manage their cargo risks and protect their balance sheet with a broad and competitive product is critical.

“It’s why we have appointed Aimee to lead the team. She has already made a big name for herself amongst the next generation of leading underwriters coming through and is well respected by brokers and clients alike. With a broking background to add to her extensive underwriting experience, she has deep insight into the client perspective which will be hugely valuable to us as we continue to build on Hiscox’s reputation in the cargo arena.”

Aimee Nolan adds: “Hiscox has re-established itself in the cargo insurance market in recent years and I’m excited to help take the team to the next level. We know it’s been a tough risk landscape for cargo clients and we’re committed to partnering with them and their brokers to develop the best risk solutions.”

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