MUM enters international market

Broker-only managing general agent Manchester Underwriting Management is entering the international market.

The new division will write professional indemnity, directors' and officers', management liability, crime and product recall for London Market brokers.

The division will be headed up by David Eynon, who will join the company board subject to regulatory approval. Eynon has over 25 years' experience in financial lines, holding senior roles at major London Market insurers.

Eynon's team will consist of Andrew Farr, head of management liability, and Rob McKay, head of professional indemnity - London.

The division, which has been created as part of the company's plan for expansion, will report to chief executive Charles Manchester.

Manchester commented: "Our plan is to be the leading specialty lines market MGA, focused on areas where we can make a difference. The business structure of MUM allows us to move quickly.

"I've known David for over 20 years; he and his team bring a wealth of experience in the international financial lines market and their drive and enthusiasm will take us forward in this exciting area of insurance."

Commenting on the new role, Eynon added: "I'm delighted to be working with Charles and the team at MUM.

"It's rare that the opportunity arises to work with like minded people that you know well. Our market is crying out for a fresh, innovative and responsible approach in these very difficult times."