Brace UK & Europe (“Brace”), a multi-line and alternative risk specialist underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, Inc. (NYSE: AMBC), today announces the appointment of Amie Townsend as Senior Underwriter, effective immediately. She will be based in London and report to Martin McBrearty, Head of Brace UK & Europe.
Townsend will be responsible for developing Brace’s MGA relationships across the UK and Europe. She will also handle the management of existing client accounts, whilst assuming control of underwriting decisions and business management within Brace’s alternative risk portfolio.
Townsend brings more than a decade of experience in the industry, working exclusively for Hiscox. During her Hiscox tenure, Townsend held a variety of underwriting roles across various markets including aviation, aerospace and political violence teams, with her most recent role being on the product recall team. This breadth of experience has provided her an expansive market view and strong understanding of a variety of risks.
McBrearty said: “Brace believes in building a team with high quality underwriting talent, and the addition of Amie is emblematic of that belief. Amie’s broad understanding of the market and wealth of experience will provide our UK and Europe team’s capabilities with a fresh perspective. I look forward to welcoming her to the team.”
Townsend said: “Brace’s open-minded approach to specialty, niche MGA business made the decision to join the team an easy one. I look forward to working with Martin and the rest of the team as we continue to build new and existing MGA relationships, delivering long term collaborative success with our partners.”