Ark Underwriting Inc. (“AUI”), the wholly-owned subsidiary of Ark Syndicate Management Ltd. and the US coverholder for Ark syndicate 4020 at Lloyd’s, announces the appointment of John Dalton as Executive Vice President effective August 1, 2017. John is well known and highly regarded in the US reinsurance industry, having over 35 years of underwriting, management and executive experience. He will be responsible for all of the property reinsurance business underwritten by AUI on behalf of syndicate 4020 in the US. He will be supported by Lin Nicholson, Senior Vice President, as the Individual Risk underwriting manager and Colin Kott, Vice President, as underwriter and lead modeller/aggregation specialist.
AUI underwrites individual risk property reinsurance risks as well as property portfolio business (automatics), and produces its business solely through reinsurance intermediaries. John joins AUI from Dual Re America where he served as Executive Vice President. Previously, John was President of Montpelier Underwriting Inc. and spent 16 years at Swiss Re in New York City, having started their brokerage unit and being responsible for broker relationships in North and South America. He also worked as Boston branch manager for Munich Re. “John’s extensive background and well earned respect will serve AUI and its producing brokers very well as we seek to continue to grow our business”, Stan Kott, AUI’s CEO stated. “John is well known to me, our London ownership and importantly to our brokers, and his leadership and underwriting abilities will aid AUI in becoming a more important participant in our market”.
AUI also announces the retirement of Paul Keefe with effect this fall as he works to assist John Dalton’s transition into AUI. Paul is well known and highly regarded for his underwriting skills and almost unmatched record of underwriting profitability. He was integral to the formation of AUI and will be sorely missed. It is with much gratitude and with our very best wishes that we accept Paul’s retirement decision.