Brace Underwriting Limited, a multi-line and alternative risk specialist underwriter supported by Beat Capital Partners, a subsidiary of Ambac Financial Group, Inc., has announced the appointment of Hayley Johnston to its board as an Independent Non-Executive Director, pending regulatory approval.
Johnston currently serves as the Chief Executive Officer of Lancashire Insurance Company Limited in Bermuda.
She previously held the position of Chief Underwriting Officer at Lancashire Insurance Company (UK) Limited. Before joining Lancashire, Johnston was the Underwriting and Outwards Reinsurance Manager at Axis Specialty Europe.
Adam Holberry, Group CEO of Brace, added: “Hayley is a respected figure in our market and has demonstrated excellent underwriting skills through positive results at Lancashire.
“We are excited to have her knowledge and expertise as we continue our expansion in the US and further cement our position as a leading delegated authority underwriter in Lloyd’s and Europe.”
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