New president of Accredited UK & Europe

Accredited Insurance Program Management has appointed Stuart McMurdo as president of Accredited UK & Europe from 1 October 2024. In this role, he will be responsible for leading Accredited’s operations across the UK and Europe. He will also become CEO of Accredited’s regulated entities, upon receipt of relevant regulatory approvals.

McMurdo was most recently CEO of SCOR’s global reinsurance business. While at SCOR, he held a number of senior roles, including regional head of SCOR P&C for EMEA and CEO of SCOR UK and the SCOR Syndicate at Lloyd’s. Prior to SCOR, he served as head of reinsurance for Santam, and held roles with Hannover Re, Glenrand MIB and Standard Bank.

McMurdo will report to William Spiegel, CEO of Accredited, and will be based in Accredited’s London office. His appointment follows the hiring of Grace Meek as president of Accredited America earlier this year, based in Accredited’s New York office.

Spiegel said: “We are delighted to be able to appoint a leader of Stuart’s standing and experience to drive Accredited’s growth in the UK and Europe. Stuart has a deep knowledge of the UK and European markets as well as an impressive track record of driving strong underwriting performance and operational excellence. These factors make him a great fit for our business.”

McMurdo added: “I’m excited to join Accredited and see real opportunities to build on what is already a strong existing footprint. Programme managers that can offer capital partners sustainable and attractive underwriting returns while helping MGAs access stable long-term capacity are critical enablers of growth and innovation in our sector. Accredited’s balance sheet strength, disciplined approach and high-quality team make it well placed to continue as a partner of choice in the UK and Europe.”