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07-05-2019
International General Insurance Holdings (IGI) has seized what it believes to be a compelling new opportunity created by COVID-related market dislocations in the contingency market, with a new hire.
Richard Foster joins IGI in London as head of property, political violence and contingency. IGI said it will be launching the contingency line of business to take advantage of the considerable opportunity in this line stemming from market dislocation caused by COVID-19.
Foster, who has 24 years of specialty lines underwriting experience, joins from London-based Agile Risk Partners, where he was director of underwriting. He is also a former head of global property for London at Zurich Insurance and Brit Global Specialty, before which he held senior roles with Allied World.