Bluefin appoints Paul Drake to head MGA
Bluefin has appointed Paul Drake as Bluefin's Head of Underwriting. He will be based at Bluefin's London Headquarters and report to Chief Executive, Mike Bruce.
Paul will be responsible for overseeing the development of a broader underwriting capability within Bluefin, including the start up and development of its MGA. The MGA will allow Bluefin to offer additional specialist products and services to its clients, Network partners and third party brokers and further details will be announced in due course.
Paul brings over three decades of senior underwriting experience including roles at XL Insurance and R J Kiln amongst others. He joins Bluefin from Thistle Insurance Services Ltd where his responsibilities included that of Chief Underwriting Officer. Prior to that he was a founding director of specialist insurance management firm aQmen Ltd. Paul was also a director of the Managing General Agents Association (MGAA), a position he has held until mid-2013.
Paul Drake commented: “Bluefin has a great reputation in the market and developing an MGA as part of a broader underwriting capability is a fantastic opportunity. MGAs are now an established part of our industry and this venture is a logical progression for Bluefin, providing a great opportunity to enhance its offering for clients.”
Mike Bruce, Chief Executive of Bluefin commented: “We are delighted to announce Paul’s arrival to Bluefin. The MGA market is ripe for growth at the moment; we have people approaching us wanting to join our MGA and appointing Paul takes our plans closer to fruition and demonstrates our intent in this area. He is an extremely well respected senior figure in the industry, bringing extensive experience and knowledge of the market we operate in, which will be a great advantage in bringing the Bluefin MGA to market.”