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New CEO to Lead Growth at Mapledown

London 3rd August 2016 - Stuart Wright, most recently CEO of WR Berkley Insurance (Europe) Limited, has joined Lockton-owned MGA Mapledown Underwriting LLP as CEO. His primary task will be to drive the next phase of their growth strategy.

Stuart has held a number of senior positions during his 38-year career, in the Company market and at Lloyd’s as an Active Underwriter. He is a Fellow of the Chartered Insurance Institute.

David Smith, Chairman of Mapledown said: “The appointment of a CEO underscores our investment in Mapledown’s future. Stuart  brings a wealth of strategic and operational experience, an excellent market reputation and leadership to the team. We plan to substantially grow the business over the next five years, with an ambition

for Mapledown to operate independently and underwrite business for selected brokers outside of Lockton.”

Neil Nimmo, Lockton International’s CEO added: “Mapledown has enjoyed steady growth and has a well-earned reputation for its underwriting capabilities. With our expansion plans,

it was important to attract the right leader, with a track record that can enable us to achieve them. We are therefore delighted that Stuart agreed to join the team.”

Stuart’s appointment is subject to FCA approval

About Mapledown

Mapledown is a Managing General Agent (MGA) wholly-owned by Lockton and regulated by the Financial Conduct Authority. Underwriting on behalf of Lloyd’s and European Insurers, Mapledown currently provides dedicated capacity solely for Lockton clients, giving Lockton International offices immediate access to the bespoke coverage, market leading products, competitive terms and excellent claims service for which the Lloyd’s market is renowned.

About Lockton

More than 6,000 professionals at Lockton provide 50,000 clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to

become the largest privately held, independent insurance broker in the world and 10th largest overall. For six consecutive years, Business Insurance magazine has recognized Lockton as a “Best Place to Work in Insurance.” To see the latest insights from Lockton’s experts, check Lockton Market Update.

Media contact
Mark Huxley
Full Circle Communications
+44 (0)207 265 7880
mhuxley@fullcirclecomms.co.uk

    
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