Championing the risk-takers.

To brace something is to give it strength through structural support. In essence, that’s what Brace does for its partners. We stand shoulder to shoulder with you, innovating new products and drawing on the latest technology and deep data to guide you to success, however niche the risk you face.

Our team focuses on being more than just underwriting capacity with the goal of creating long-term strategic relationships with our MGA partners.  Brace was formed to take a different approach to underwriting within the Lloyd’s market. We stand shoulder to shoulder with our core partners by taking a class agnostic portfolio-underwriting approach whereby we partner with proven underwriting expertise in either speciality, niche areas or broader multi-line structures. With a maximum line-size of USD10m and an ability to access almost all risk codes underwritten within Lloyd’s, we have an agile and entrepreneurial approach to delegated authority underwriting.

Board Members

John has had a 48-year career in the global insurance market. He retired as Global CEO of Willis Re (now Gallagher Re) at the end of 2017, where he was responsible for Willis Re’s worldwide operations. Prior to joining Willis in 2009, John was joint CEO at international specialty reinsurance broker RK Carvill. John started his career in 1975 in the reinsurance division at Alexander, Howden and Swann.

John Cavanagh
Partner and Chairman , Beat Capital Partners Limited

John has had a 48-year career in the global insurance market. He retired as Global CEO of Willis Re (now Gallagher Re) at the end of 2017, where he was responsible for Willis Re’s worldwide operations. Prior to joining Willis in 2009, John was joint CEO at international specialty reinsurance broker RK Carvill. John started his career in 1975 in the reinsurance division at Alexander, Howden and Swann.

Paul has had a 23+ year career in the global insurance market. Prior to joining Beat in 2018, Paul served as a corporate finance adviser, most recently as a Managing Director of GC Securities where he focused on start-ups, M&A, capital raises, reinsurance and strategic advisory mandates within the Lloyd’s and global insurance market. Paul began his career at Deloitte in 2000 and is a Fellow of the ICAEW.

Paul Rayner
Managing Partner , Beat Capital Partners Limited

Paul has had a 23+ year career in the global insurance market. Prior to joining Beat in 2018, Paul served as a corporate finance adviser, most recently as a Managing Director of GC Securities where he focused on start-ups, M&A, capital raises, reinsurance and strategic advisory mandates within the Lloyd’s and global insurance market. Paul began his career at Deloitte in 2000 and is a Fellow of the ICAEW.

Heather has a 20+ year career in the global insurance market as a UK and US qualified solicitor. Heather is the Chief Legal Officer at Beat, having joined in 2017. Prior to Beat, Heather worked for Brit Insurance as its first US in-house legal counsel in London. Heather began her career as a successful litigator at Wilson Elser in New York.

Heather Marsden
Chief Legal Officer , Beat Capital Partners Limited

Heather has a 20+ year career in the global insurance market as a UK and US qualified solicitor. Heather is the Chief Legal Officer at Beat, having joined in 2017. Prior to Beat, Heather worked for Brit Insurance as its first US in-house legal counsel in London. Heather began her career as a successful litigator at Wilson Elser in New York.

Adam is our Founder and Group CEO. Prior to Brace, he was a Partner and served as the Head of Alternative Risk at Hiscox. He previously worked at Axis Capital and Allied World Assurance Company, with a focus on Global Property and MGA business.

Adam Holberry
Founder & Group CEO

Adam is our Founder and Group CEO. Prior to Brace, he was a Partner and served as the Head of Alternative Risk at Hiscox. He previously worked at Axis Capital and Allied World Assurance Company, with a focus on Global Property and MGA business.

The Team

Adam is our Founder and Group CEO. Prior to Brace, he was a Partner and served as the Head of Alternative Risk at Hiscox. He previously worked at Axis Capital and Allied World Assurance Company, with a focus on Global Property and MGA business.

Adam Holberry
Founder & Group CEO

Albert is the Chief Financial Officer at Brace Underwriting Limited. Prior to coming to Brace, Albert was responsible for insurance pricing and portfolio management, including remediation (Decile 10) at Lloyd’s. Before that, Albert held the position of Chief Economist at a large UK Consulting and Professional Services company.

Albert Küller
Chief Financial Officer

Tom is the Head of Underwriting for Brace Underwriting Limited. Prior to joining Brace, Tom spent 10 years at Hiscox in a variety of roles spanning capital modelling, actuarial pricing with a focus on liability products, run-off management and underwriting. Since 2019 Tom held the role of senior underwriter within the Alternative Risk book at Hiscox which was a diversified portfolio of MGA partnerships writing specialty mono-line programmes or larger multi-line structures.

Tom Sambrook
Head of Underwriting

Martin is the Head of UK & Europe for Brace Underwriting Limited. Before joining Brace, Martin spent 18 years at Hiscox in a variety of leadership roles and as a Partner. For the past 10 years, he served as Head of Underwriting Partnerships for UK & Europe with a focus on MGAs writing alternative classes of business.

Martin McBrearty
Head of UK & Europe

Glenn joined Brace in early 2022 as Head of Distribution for North America and is based in Boston.

Glenn Dorr
President & Head of Marketing, North America

Neil McMillan joined the Brace team as Senior Underwriter and brings almost four decades of specialty London market experience. Neil was previously at Canopius where, since 2013, he held the role of North American facilities underwriter and lead underwriter in property and casualty business. Prior to this Neil has held a number of senior positions at Brit, Alea London’s North American facilities division and Zurich Specialties in London.

Neil McMillan
Senior Underwriter

Sameer began his career on the Lloyd’s of London graduate scheme which included working at Hiscox, Tokio Marine Kiln and the Corporation of Lloyd’s. Prior to Brace, Sameer worked for TigerRisk Partners (UK) as a Senior Analyst.

Sameer Bhatarah
Underwriter

Guy joined as Brace’s Head of Operations and Compliance during August 2022. Prior to working at Brace, Guy was Delegated Authority Manager at Tokio Marine HCC, and previously worked for Brit and Newline in various DUA operations and compliance roles.

Guy Galloway
Head of Operations and Compliance

Kashim joined the team in March 2023 as Operations Technician. He has completed 2 years of his Biomedical Science Degree at Middlesex University. In his own words, he “always intended to work in the city, and once I had found the opportunity to kickstart my insurance career at Brace, I did not hesitate to pounce.”

Kashim Abdul-Ullah
Operations Technician

Isabell joined the team in November 2023 as an Operations Technician to aid with data automation procedures. She is a recent graduate from the University of Greenwich with a MSc in Data Science where her final project was focused on deep learning prediction models. Prior to that, she completed her BSc in Actuarial Science at the university of Kent. She is looking forward to growing in the Insurance industry.

Isabell Ketshabathupa
Operations Technician

Peter has worked in the London Market for over 40 years, 30 of which were spent working for a Lloyd’s broker where he was a Board Director and was responsible for Operations, Compliance, Internal Audit and Risk Management. Many years were spent dealing with Contract Wording issues, including speaking at overseas Conferences on wordings matters. He has also worked for the Corporation of Lloyd’s and most recently, Griffin Risk Managers. Peter is a Liveryman of the Worshipful Company of Insurers and is a past Captain of Lloyd’s Football Club.

Peter Ambler
Wordings Consultant

After completing a PhD in Biochemical Engineering from UCL, Sylvia started as an Intern at Brace and successfully transferred to a permanent role as the Pricing and Portfolio Management Data Analyst in 2021 and now is our Senior Actuarial analyst. She gained her Bachelor and Master degrees from the University of Bath and UCL, respectively.

Yi (Sylvia) Li
Senior Actuarial Analyst

Rebecca joins Brace as a Pricing and Capital Analyst. Prior to Brace, she was employed at WTW as an Actuarial Analyst, working across the pricing, reserving and Solvency II teams. Rebecca graduated in 2020 from the University of Exeter with an integrated master’s degree in Mathematics. Alongside her role at Brace, Rebecca studies to become a qualified actuary with the IFoA.

Rebecca Davies
Pricing and Capital Analyst

Aaron joined Brace in January 2024 as an Actuarial Analyst, bringing valuable experience from his previous position at AmTrust, where he served as a Pricing Analyst, specializing in multiple General Insurance lines. Concurrently, he is actively pursuing an actuary qualification with the Institute and Faculty of Actuaries (IFoA).

Aaron Knights
Actuarial Analyst

Lisa joined the Brace team as the Head of Portfolio Management in 2023. Prior to joining Brace, she led the Portfolio Analytics and Pricing teams at the Corporation of Lloyd’s, driving uplift in pricing and portfolio management capabilities across the Lloyd’s market and within the corporation. She has also held a range of Portfolio Management and Pricing roles across property, casualty and specialty classes at RSA, ACE (Chubb) and Suncorp.

Lisa Chen
Head of Portfolio Management

Anna joined Brace as a Pricing and Portfolio Management intern and transferred to a permanent position as a Pricing and Reserving Analyst in 2022. In 2023 Anna moved to our Portfolio management Team

Anna Stylianou
Senior Portfolio Management Analyst

Steph joined Brace as an Executive Assistant to the CEO & CFO and Office Manager. Her career in the administration sector began at the Home Office before joining Marsh & McLennan Companies which included EA roles at Mercer Marsh Benefits and the Risk Management Practice at Marsh Ltd.

Stephanie Scott
EA/Office Manager

Megan joined Brace in February 2023 as a Team administrator. Prior to this Megan completed her graduate studies at Queen Mary, University of London and graduated with a BSc degree in Psychology.

Megan Scamell
Team Administrator

Partners, allies, collaborators.

We partner with Beat Capital and ASTA. This means we benefit from a vital support network that helps us underwrite and develop products that have never been created before, and to evolve existing insurance products. How does this help you? Contact us to find out.

Asta

Syndicate 4242 is managed by Asta, the leading third-party managing agent at Lloyd’s, responsible for several Lloyd’s Syndicates, Special Purpose Arrangements and several MGA clients. Therefore Brace Underwriting can leverage the wider legal and claim resources of both Asta and Syndicate 4242.

Beat Capital

Beat is a long-duration venture capital investor exclusively focused on the insurance industry backing world class underwriters with start-up funding, infrastructure, risk capital and A+ rated paper plus experienced guidance and support.