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Carr has spent over 20 years in the market, holding several leadership positions at Tokio Marine HCC, Axis and others.
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Political violence and risk underwriters have heavily cut back in the region, which remains an important source of premium for marine insurers.
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The carrier has been in hiring mode in recent months after staff exits earlier this year.
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Plus this week’s people moves and all the top news from this week.
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Meanwhile, war premiums for calls into Israeli waters are expected to rise substantially from a low base.
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Richard Burnett will take up the strategic position as head of cargo underwriting.
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The marine build in London is part of the carrier’s primary insurance expansion strategy.
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The MGA has hired MS Amlin’s Aram Stoop and Pim de Pooter for its marine hub.
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Staff movement in the marine class exceeds that in all other lines of business.
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Carriers achieved sweeping changes in pricing, terms and coverage in a hectic renewal at 1 January 2023, in a reset that sources hope isn’t reversed.
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The broker has partnered with maritime data firm Clearwater Dynamics to provide advanced vessel-tracking solutions.
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He will be responsible for oversight of all aspects of the practice and leading the firm's growth in the market.