IQUW strengthens reinsurance team with new Head of Reinsurance, London

11 Sep 2022 by Jonathan Watson

Property and Specialty (re)insurer IQUW has announced Dan Warburg as its new Head of Reinsurance, London.

Based in London, he will report to Steven Tebbutt, Active Underwriter IQUW Syndicate 1856 and Stephen Young, Group Head of IQUW Reinsurance. Dan will be responsible for leading and building the Specialty and Property Reinsurance book in London, cementing the UK-based team alongside Property Lead Underwriters Ciaran Waters and Sarah Smith.

Warburg has more than 20 years’ reinsurance market experience, and he joins from Lancashire’s Syndicate 2010, where he was a Reinsurance Underwriter. Prior to Lancashire, he was a Reinsurance Underwriter with Cathedral Underwriting.

“It’s an exciting time at IQUW as we continue to build our Reinsurance division as part of our overall IQUW Group growth strategy, and I’m delighted that we have someone of Dan’s calibre in this position,” said Young. “Dan is a respected reinsurance underwriter within the Lloyd’s community and he will be a tremendous asset to IQUW as we construct our global Reinsurance portfolio and intelligently use insights to improve our decision making”.

Warburg has been a member of the Lloyd’s Market Association’s Aviation Committee since 2019, and he has chaired the committee since June 2020.

“I’m thrilled to be joining IQUW with the business in high growth mode,” said Warburg. “I look forward to working with the team to manage our reinsurance property book from London as well as using my experience to further develop IQUW’s specialty business.” In addition to Dan’s promotion, Rene Lamer has also been appointed as Head of Reinsurance, Bermuda. Rene has been an integral part of the IQUW Bermuda team since November 2021.

IQUW is able to write business in Bermuda through a new coverholder agreement, IQUW Agency Bermuda Limited which further expands IQUW’s global platform and increases its business remit in Bermuda, allowing the company to write Property and Specialty Reinsurance business on IQUW Syndicate 1856 paper.