Lonmar Global Risks, a part of Global Risk Partners, has announced the appointment of Giles Smithson as divisional director, financial and specialty lines.
Reporting to Karen Allen, executive director at the company, Smithson’s will be responsible for supporting the group’s growth plans for its UK and international financial lines proposition.
Having commenced his career as a reinsurance broker at Johnson, Puddifoot and Last, Smithson most recently acted as a member of the professional and financial risks division at Besso for over two decades.
He said: “My immediate task is to help our clients navigate their way through a challenging period for financial lines, which is experiencing a hardening market as a result of past losses and concerns about the impact of the pandemic.
“Our focus includes not only assisting Lonmar and GRP clients with their management liability and financial lines requirements, but also looking for opportunities to grow our market presence in this sector.“
Allen added: “It’s great that someone of Giles’ calibre and experience has joined us at this important time.
“He will be instrumental in growing Lonmar’s UK and international financial lines offering, and helping us achieve our long term growth ambitions.”