Specialty MGA Banyan Risk has appointed of Ben Munro to the newly-created role of chief underwriting officer. He has previously held senior underwriting roles at AIG, Chubb and Markel, and was CEO of software firm Briza.

Munro will be responsible for overseeing the execution and achievement of Banyan Risk’s plans for growth globally, as well as using his depth of experience in the Bermuda market and InsurTech industry to enhance the firm’s data-driven models.

The MGA creates bespoke D&O insurance risk solutions for life sciences, global initial public offerings, the technology sector, and special purpose acquisition companies.

Tim Usher-Jones, co-founder and CEO of Banyan Risk, said: “We couldn’t be more delighted that Ben will be joining the Banyan team. His extensive understanding of the global insurance market combined with his market-leading expertise and experience of D&O, financial institutions and cyber business lines will be central to our continued profitable growth. And with half a decade spent building a successful insurtech company, we will continue to build out a best-in-class data and technology offering. He will greatly enhance our client and broker experience, and strengthen our global team.”

Munro added: “I am extremely excited to be joining the Banyan Risk team as they continue to expand globally and look forward to helping to achieve our ambitious growth goals. We have a phenomenal opportunity in front of us.”

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