Capsicum Delegated Authority (“Capsicum DA”), the specialist binding authority broker, has today announced the appointment of industry stalwart David Doe to establish a new professional liability specialism.
David is joined by Sue Korth and Jonathan Doel having previously worked together at Lloyd’s broker Tysers. The team will be London-based and responsible for building out Capsicum DA’s capabilities into the professional liability arena, growing the business across multiple territories, with a particular focus on North America. Together they will offer a full underwriting service, able to bind and manage professional liability underwriting contracts on behalf of Lloyd’s underwriters, as well as provide a full broking service for binding authority placements.
As head of the unit, David brings nearly 40 years of specialist industry experience, having started out in professional liability insurance at the age of 17, with Lloyd’s broker J. H. Minet. Most recently he was a Director at Tysers, responsible for its Special Lines business, which offered a mix of US and International professional liability, Lloyd’s binding authority contracts and open market business. A qualified Chartered Director and fellow of the Institute of Directors, David’s career has also encompassed leadership roles at Bell, Clements & Doe Ltd; and AHJ Special Lines.
Chris Hardcastle, Managing Director at Capsicum DA, said: “We are delighted that Sue, David and Jonathan have chosen to join Capsicum DA. We continue to invest in broadening our expertise and product footprint, building our capabilities for the benefit of our customers. The specialist knowledge this team has means we can immediately offer a wide range of additional client services. We look forward to welcoming them all to the team.”
David Doe said: “Capsicum’s ambitious, independent culture is an exceptional fit for the entrepreneurial approach of myself, Sue and Jonathan. The opportunity to further diversify Capsicum’s offering is exciting, and I look forward to using our combined expertise to support the continued delivery of efficient, innovative solutions for clients.”
For further press information, please contact:
Lynn Rouse, External Communications
+44 (0) 20 3425 3416
Notes to editors
Capsicum Delegated Authority is a specialist broker of delegated authority contracts, bringing together insurers with brokers and MGAs and other coverholder clients around the world. As well as arranging and managing delegated authority facilities, we provide a wide variety of advisory and consultancy services. By connecting our clients with underwriters in Lloyd’s and the London market, we have built a portfolio of over 280 delegated authority facilities in more than 30 countries, equating to $1.5bn in GWP (approx.) under management.
For more information, visit www.capsicumda.com