New Dawn Risk Group Limited announced today the appointment of Dermot Dick as Head of Treaty Production. Dermot was most recently Chief Underwriting Officer at Emirates International and his appointment is immediate.
Max Carter, CEO of New Dawn Risk, commented: “Over the last decade we have built a robust treaty business and a strong offering in the Middle East, Africa and Asia. Dermot’s depth of experience in those regions, the strength of his relationships and in-depth knowledge means we are able to offer cedants an even more valuable proposition.”
Dermot Dick added “It is very exciting to be joining New Dawn Risk at such a pivotal moment in their development and be part of the next phase of their growth. I have watched their progress with interest and admiration and am confident that we are offering a credible and innovative alternative to the big players and access to key developing markets. We will grow that footprint across all emerging markets worldwide and encompass all treaty classes to add to our speciality expertise.”
Prior to joining New Dawn, Dermot was CUO of Emirates International, SVP at XL Re in London underwriting a book of Middle Eastern reinsurance business and Chief Executive of QRe in Qatar.
Notes to Editors
Established in 2008, New Dawn Risk is a dynamic, specialist insurance intermediary providing bespoke advisory solutions. We focus on complex, international liability and other specialty insurance and reinsurance. Clients large and small profit from our expertise, creativity and responsiveness – from risk assessment through to claims. 95% of our business emanates from outside the United Kingdom.