Specialty MGA UK Ventures into Political and Credit Risk
Specialty MGA UK, a prominent managing general agent renowned for its bespoke insurance solutions, has announced the appointment of Amir Hussain as the Head of Political and Credit Risk. This strategic addition heralds the inception of a new line of business, as the company seeks to establish itself as a significant player in the political risk market.
Amir Hussain is a seasoned expert, having accumulated substantial experience as a credit analyst at Barclays and in underwriting roles at leading Lloyd’s syndicates such as Brit and Hamilton. His specialization in political risk, contract frustration, and credit risk has enabled him to successfully build and manage global portfolios from the ground up.
In the initial stages, Hussain intends to engage actively with the market and develop a robust underwriting portfolio. Over time, both Hussain and Specialty MGA UK plan to expand the team and enhance their market capacity, underlining their commitment to growth within the political risk sector.
Manoj Kumar, Chairman of MNK Group, remarked, “Amir’s background in swiftly developing business in international political risk makes him an invaluable addition to our team. The timing is opportune for us to enter the market, given the global opportunities and the increasing demand for coverage.”
Hussain expressed his enthusiasm, stating, “Building a new line of business demands entrepreneurialism, energy, and dedication, which are challenges I relish. I’m eager to collaborate with Manoj and the rest of the team, as this presents a fantastic opportunity to introduce new capacity to the market and significantly enhance Specialty MGA’s political risk offerings.”
