New senior underwriter for Brace Underwriting
Brace Underwriting has appointed Neil McMillan as senior underwriter. He will be based in London and report to Adam Holberry, co-founder and chief underwriting officer, Brace Underwriting.
McMillan brings almost four decades of specialty London market experience to Brace. He joins from Canopius, where since 2013 he held the role of underwriter in the North American facilities department and was also a lead underwriter in property and casualty business emanating from MGAs. Prior to Canopius, McMillan held a number of senior positions, including North American class underwriter at Brit, vice-president of Alea London’s North American facilities division, and deputy underwriter at Zurich Specialties in London.
Holberry said: “We are pleased to welcome an underwriter of Neil’s calibre and vast experience. Hot on the heels of Glenn Dorr’s recent appointment in the US as head of distribution, Neil’s joining signals Brace’s continued expansion and investment in leading talent. Neil has extensive knowledge of the North American delegated authority market and his appointment further demonstrates our commitment to building long-term underwriting partnerships in the global multi-line facilities market.”
He added: “2022 promises a wealth of exciting opportunities and we look forward to standing shoulder to shoulder with our brokers, coverholders and capacity partners as we execute our strategic plan to expand the business.”
Brace specialises in alternative risk binders, focusing on specialist MGAs that come to market with a differentiated product, an alternative distribution method, or expertise in a niche, said the firm. Based at Lloyd’s, Brace is part of Beat Capital Partners.