Hardy Underwriting, a specialist underwriting business operating within Lloyd's of London, has hired Matthew Bond as senior underwriter, power generation, and Miles Osorio as senior underwriter, direct & facultative (D&F) property.
Bond will be responsible for building Hardy's power generation account as part of the broader engineering market sector.Previously, he was class underwriter for the power and industrial risks portfolio at Mitsui. He was an engineer in the nuclear industry for three years before moving into the insurance industry in 1997, initially as a loss prevention engineer at AXA Corporate Solutions.
Osorio will be leading the D&F property team at Hardy and joins from Montpelier Syndicate 5151, where he was head of individual risk, international property responsible for growing the London D&F property book. Prior, he worked with Willis, brokering D&F property business. He then joined Marsh, where he was a senior VP.
"The hire of these underwriters is part of our overall strategy to strengthen our current market sector platforms,” said Patrick Gage, chief underwriting officer, Hardy Underwriting. “Their considerable technical experience and credibility will help us further to build Hardy's profile as one of the market leaders in these classes."
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