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HIVE Underwriters appointed Richard Brown as Head of Property on 28 September 2026, tasking him with building a team and developing the company’s global Property Direct & Facultative (D&F) business, according to HIVE’s announcement.
Who is Richard Brown?
HIVE says Brown most recently served as Head of UK and International Property at Sompo and brings more than 30 years of UK and international property insurance experience. His new title at HIVE is Head of Property.
What is HIVE launching?
Brown will lead the development of a new team focused on writing a global Property D&F portfolio. Direct and facultative insurance generally refers to individually negotiated property coverage placed directly with an insurer, rather than coverage arranged through a treaty covering a portfolio of risks. HIVE’s announcement identifies the business as global but does not set out its specific underwriting footprint or operating details.
How does HIVE say it will approach the business?
HIVE says the new class will combine specialist underwriting expertise, advanced analytics and proprietary technology. It describes its aims as disciplined risk selection, long-term partnerships and sustainable portfolio performance; these are the company’s stated approach and goals, not reported results.
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HIVE describes itself as a multi-class specialty managing general agent (MGA) and Lloyd’s Coverholder. Its listed classes include aviation, marine, war, political violence and terrorism, and space. The company says its broader underwriting model draws on market expertise, data, analytics, proprietary insight and collaboration with brokers and clients. More information about the company is available on HIVE’s website.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What has not been disclosed?
The announcement does not specify HIVE’s property underwriting appetite, capacity, policy terms, limits, submission timing or target premium volume. The phrase “global Property D&F portfolio” does not establish a particular geographic footprint or launch date.
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