Apollo Syndicate Management has appointed Paul Sandi to lead the new casualties treaty team within Syndicate 1969, subject to Lloyd’s approval.
With nearly 20 years of industry experience, Sandy joined Apollo from Canopius, where he was responsible for the Victims Treaty. He oversaw the creation of a new US casualty treaty portfolio for Canopius. Prior to that, he was a non-life reinsurance underwriter at Liberty Syndicate and was part of the team that wrote the largest non-life reinsurance book in North America at Lloyds. Sandy began his insurance career at Price Forbes.
Apollo also announced that Anthony Sirman, the underwriter of the Victims Treaty, will join the company from Canopius in the near future.
“Paul is particularly experienced in optimizing client needs while achieving profitable growth,” said Apollo CEO David Iveson. “This wealth of experience will make him invaluable in building the Apollo Injury Treaty offering. We are pleased to welcome both Paul and Anthony.”
“Joining Apollo is an exciting opportunity to continue building strong existing underwriting services, increase profitability and strategically expand to the next stage of growth,” said Sandi. “By creating a new casualty treaty business, brokers and clients will have a wider range of choices, but current market conditions mean that now is an opportunity for expansion.”