Coverys Managing Agency Limited, the Lloyd’s managing agent of Syndicates 1975 and 1991, has appointed Xiaohan Fang as an underwriter for Syndicate 1975.
Fang brings over a decade of actuarial and pricing experience to the role and will primarily focus on underwriting North American medical professional liability business.
Prior to joining Coverys, he most recently served as senior pricing actuary at Renaissance Re. He also held the role of divisional actuary at Liberty Specialty Markets where he specialised in providing major account pricing for professional lines and medical malpractice.
Fang is a fellow of the Casualty Actuarial Society, a member of the American Academy of Actuaries, and the chair of the CAS Investment Committee.
In recent months, Coverys has made a number of underwriting hires, including the appointment of Robert Forster as director of underwriting and Valentina Minetti as active underwriter of Syndicate 1975.
Robin McCoy, CEO of Coverys Managing Agency, said: “Xiaohan is another excellent addition to our underwriting team. His pricing expertise is recognised, and he will play a key part in the continued growth of Syndicate 1975.
“I am very pleased by the calibre of the candidates we are attracting to Coverys, and I am confident that the expertise we have gathered across the business will enable us to maintain our growth momentum and realise the opportunities that are continuing to appear in the MPL sector.”