Experience

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  K2 International

  • London, England, United Kingdom

  • Managing Director, K2 CAT

    • Apr 2020 - Present
    • London, England, United Kingdom

    Founded in Sept 2013 by David Carson, K2 CAT (formerly Pioneer CAT) is based in London as part of K2 International, the specialist MGA. Since its inception, K2 CAT has demonstrated the ability to originate substantial quantities of attractive reinsurance proposals, whilst consistently sourcing capital that wishes to take advantage of our underwriting experience in the areas in which we operate.We focus principally on traditional property catastrophe reinsurance, delivering underwriting, portfolio management and distribution expertise to our capacity providers, utilising a global network of brokers. Backed by first class security, we write traditional property treaty business in the US, Canada, Caribbean, Japan & Latin America via a number of distinct, delegated facilities. As a relentless advocate of the carriers we represent, to date, we have committed over USD 6bn of limit on their behalf & profitably bound > USD 700m of premium. In-house modelling, actuarial, claims, best-in-class MI & compliance resources support the underwriting team. Our facilities enjoy strong support from all the major brokers. Each facility has its own dedicated capacity and lines are not aggregated where more than one facility is involved on the same programme.Max Cat XL capacity varies by territory but, generally, is up to USD 15m per programme. We are a quoting market. We travel. We have an opinion. We are decision-makers. Claims are settled quickly - an essential component of our “promise to pay”. Products offered:— Cat XL— Pro Rata— Risk XL— Aggregate XL— Retro & ILWWe can build, and have built, bespoke portfolios of cat business tailored exactly to a carrier’s risk appetite. We are always interested in engaging with well-capitalised, forward-thinking, partners. Business can be accepted either via a carrier’s balance sheet; or using a fronting company; or via a segregated cell structure with a collateralised QS (also using a fronting company).

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  Pioneer Underwriters

  • London, United Kingdom

  • Head Underwriter, Pioneer CAT

    • Sep 2013 - Apr 2020
    • London, United Kingdom

    The predecessor to K2 CAT. Specialist catastrophe MGA writing property treaty business emanating from the US, Canada, the Caribbean & Japan. The team, carriers and business transferred from Pioneer to establish K2 CAT in April 2020.

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  Hardy Underwriting Group Plc

  • Syndicates 382 & 3820, Lloyd’s, London

  • Head of Property Treaty

    • Mar 2007 - Jul 2012
    • Syndicates 382 & 3820, Lloyd’s, London

    Developing, underwriting & managing a global portfolio of property treaty business emanating from Lloyd's, Bermuda & Singapore.

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  DP Mann / Faraday

  • Syndicate 435, Lloyd’s, London

  • Managing Director, Property Team

    • Jun 1997 - Feb 2007
    • Syndicate 435, Lloyd’s, London

    MD of team and principal International property treaty underwriter. Also responsible for purchase of all Group outwards reinsurance.

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  RA Edwards

  • Syndicate 219, Lloyd’s, London

  • Treaty Underwriter

    • Nov 1991 - Jun 1997
    • Syndicate 219, Lloyd’s, London

    Underwriting Property, Retrocession (LMX), Casualty and Aviation treaty business.

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  Greig Fester

  • London

  • Treaty Broker

    • Jan 1987 - Oct 1991
    • London

    Placing N. American & Japanese treaty business.

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  Our Price (Records)

  • Various branches in London

  • Assistant Manager

    • Aug 1982 - Jul 1983
    • Various branches in London

    Music retail. Indulging my love of indie...