Arrow Risk Management, a specialist MGA underwriting platform, has announced the appointment of Toby Gorman as its underwriting practice leader – Property Binders, with immediate effect.
In his new role, Gorman will lead the company’s first underwriting practice, and be responsible for developing and managing a portfolio of North American property binder business with a focus on residential properties and small commercial entities.
Gorman has over 35 years of specialist experience in delegated underwriting, and was most recently unit head of the North American delegated binding authority business at Axis Capital, having joined the company in 2017, following its acquisition of Novae Group. During his career he has also held underwriting roles at GLR Syndicate and GW Price Syndicate.
Mark Harrington, chief underwriting officer, said: “At Arrow Risk, we are committed to recruiting best-in-class underwriters with a reputation for writing quality business and the appointment of Toby demonstrates that.
“He brings considerable market knowledge and underwriting expertise in the North American property arena and has a strong track record in managing successful portfolios.”
Gorman added: “I am delighted to be joining a team with such a proven pedigree in the MGA sector. The platform that Arrow Risk has created provides the perfect environment to establish the practice given their dedication to data-driven underwriting, high-level analytics and a strong governance culture. This is a fantastic opportunity, and I am looking forward to working with Mark, Jon and the team.”