Jubilee appoints Swiss Re underwriter to grow specialty life business

Jubilee appoints Swiss Re underwriter to grow specialty life business

David O’Sullivan joins Jubilee as head of life

Lloyd’s insurer Jubilee has made a senior appointment in order to grow its specialty life business.

The firm has taken on David O’Sullivan as head of life, who joins from Swiss Re where he was head of global life and health underwriting.

He has held several senior life and health roles at Swiss Re over the last 24 years, including head of life and health strategy for the firm’s operations in Europe and Asia.

In his new role at Jubilee O’Sullivan will focus on the long-term development of a specialty life business across both underwriting and distribution, working with Jon Clarke, active underwriter for Jubilee’s Life Syndicate 779, and Nigel Hartley, managing director of Lutine Assurance Services.

Johnny Rowell, chief executive of Jubilee, said: “David’s appointment represents an important strategic commitment for us as we look to build on our existing specialty expertise in both the underwriting and distribution of term life products.

“David brings considerable experience in the specialty life arena and will play a crucial role in enabling us to achieve our future aspirations.”

O’Sullivan said: “Jubilee’s life underwriting and retail operations have established strong lead positions in their markets, but the business recognises that further opportunities exist to build a specialty proposition which reflects the changing demands of this market. To be part of this next phase of growth is an exciting challenge.”

Jubilee Group Holdings, which includes the businesses of Jubilee Managing Agency Limited and Lutine Assurance Services, was acquired by Ryan Specialty Group in September 2011.