Coverys Builds Out Platform With Senior Hires

London - July 31, 2018 - Coverys Managing Agency Limited, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330, and 1110 today announced the appointments of Robert Scott-Stewart and Peter Chambers. Scott-Stewart joins as chief information officer and takes up his role with immediate effect. Chambers has been appointed as chief technology officer and will join the business in October.

These strategic hires will allow Coverys to provide a market-leading, modern, and scalable platform to support its specialist team in London. This platform will also underpin its ambition to become the third-party managing agency of choice for prospective new entrants to Lloyd’s.

Scott-Stewart brings over two decades of experience in driving technology progress to business advantage within the Lloyd’s and company markets to Coverys. He joins from Brit Insurance where he served as chief information officer from 2012. Prior to this, Scott-Stewart had served as group chief technology officer at Catalina Re. He began his career at Zurich Re.

Chambers has worked as a consultant to businesses across the insurance sector, including AXA, Amtrust, Brit Insurance, and Canopius, for nearly 20 years. During that time, Chambers built cutting-edge systems to support all aspects of the insurance life cycle, including pricing; underwriting, technical, and bordereau processing; claims; accounting; reserving and technical provisions processing; data warehousing; and data quality management.

Robin McCoy, Chief Executive Officer at Coverys Managing Agency, said:

“Coverys Managing Agency has a clear ambition. We want to be the managing agency of choice for specialist underwriters at Lloyd’s. We want to work with underwriters with genuine specialist expertise, who are passionate about their chosen sector and who can bring new untapped business, new distribution avenues, and innovative approaches to the market. Coverys Syndicate 1975 is an example of this philosophy in practice.”

“We recognise that to realise this ambition, we need a market-leading platform which is robust and capable of expanding to accommodate our and our partners’ growing businesses. Robert and Pete will be integral in helping us achieve this. They are recognised experts in their chosen fields, and I am very pleased to welcome them to the team.”