Lloyd’s broker MNK International, which is part of MNK Group, is setting up a new aviation and aerospace division. It has appointed Danny Greenaway as managing director of the new entity, which will complement its existing specialist and emerging risk teams.

Greenaway has more than 35 years of aviation and aerospace re/insurance experience at firms including OneGlobal Broking, Besso (Ardonagh Specialty) Aviation and Grimme Butcher Jones. He will lead the new team from London.

Naman Kumar, chief executive officer of MNK International, said: “As we continue to enhance our capabilities across specialist and emerging risks, Danny’s extensive broking knowledge, international network and business development experience will be invaluable.

“Combined with MNK International’s global reach and technical expertise, his appointment allows us to bring a distinctive offering to clients across the aviation and aerospace sectors.”

Greenaway added: “MNK International’s rapid growth and entrepreneurial spirit make it an ideal platform on which to build its aviation and aerospace offering. These sectors continue to generate demand for specialist insurance solutions, particularly in fast-developing areas such as drone technology.”