Probitas Syndicate 1492 has named former ProSight active underwriter Marcus Bale as head of strategy and development for retail as it moves ahead with its plans to grow its retail business.
In his role, Bale will lead the expansion of the retail portfolio, which will sit alongside its existing property, casualty and construction divisions.
He joins from ProSight Syndicate 1110, where he was active underwriter. During his career he has held numerous leadership positions in both company and Lloyd’s markets and has experience of developing commercial insurance portfolio across multiple channels of sale including direct to consumer, bank and broker.
Commenting on the appointment, Probitas CEOAsh Bathia said: “We’re pleased to welcome Marcus to the Probitas team at such an exciting time for our business,”
“He brings valuable experience to the table, allowing us to continue to bring new and accretive business to the Lloyd's market through innovative solutions.”