{"id":1106,"date":"2025-02-25T17:07:51","date_gmt":"2025-02-25T17:07:51","guid":{"rendered":"https:\/\/braceuw.com\/?p=1106"},"modified":"2025-02-27T10:19:50","modified_gmt":"2025-02-27T10:19:50","slug":"brace-appoints-independent-non-executive-director","status":"publish","type":"post","link":"https:\/\/braceuw.com\/brace-appoints-independent-non-executive-director\/","title":{"rendered":"Brace appoints independent non-executive director"},"content":{"rendered":"\n<p><strong>LONDON 24 February 2025<\/strong>:<\/p>\n\n\n\n<p>Brace Underwriting Limited (\u201cBrace\u201d), a multi-line and alternative risk specialist underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, Inc. (NYSE: AMBC), today announces that Hayley Johnston will be joining the board as an independent non-executive director, subject to regulatory approval.<\/p>\n\n\n\n<p>Johnston is currently chief executive officer of Lancashire Insurance Company Limited in Bermuda and was formerly chief underwriting officer for Lancashire Insurance Company (UK) Limited. &nbsp;Prior to Lancashire, she worked at Axis Specialty Europe where she was the underwriting and outwards reinsurance manager.<\/p>\n\n\n\n<p>Adam Holberry, group CEO of Brace, said: \u201cHayley is a respected figure in our market and has demonstrated excellent underwriting skills through positive results at Lancashire. We are excited to have her knowledge and expertise as we continue our expansion in the US and further cement our position as a leading delegated authority underwriter in Lloyd\u2019s and Europe.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>ENDS<\/strong><\/p>\n\n\n\n<p><strong><u>CONTACTS<\/u><\/strong><\/p>\n\n\n\n<p><strong>Investors: <\/strong><\/p>\n\n\n\n<p>Charles J. Sebaski Managing Director, Investor Relations   <a href=\"mailto:csebaski@ambac.com\">csebaski@ambac.com<\/a><\/p>\n\n\n\n<p><strong>Media: <\/strong><\/p>\n\n\n\n<p>Haggie Partners: David Haggie, Olivia Thomson, Finlay Gardner    <a href=\"mailto:beat@haggiepartners.com\">beat@haggiepartners.com<\/a>\u00a0 +44 2075624444\u00a0<\/p>\n\n\n\n<p>Kate Smith Director, Corporate Communications    <a href=\"mailto:ksmith@ambac.com\">ksmith@ambac.com<\/a><\/p>\n\n\n\n<p><strong>About Brace Underwriting<\/strong><\/p>\n\n\n\n<p>Brace Underwriting Limited was formed to meet the global demand for tailored insurance products and to stand shoulder to shoulder with partners who want to transform risk into opportunity.&nbsp; Brace specializes in Alternative Risk binders, focusing on specialist MGAs that come to market with a differentiated product, an alternative distribution method, or expertise in a niche.&nbsp; Based in Lloyd\u2019s, Brace is part of Beat Capital Partners, writing consortia operated by Beat Syndicate 4242, an established Lloyd\u2019s syndicate benefiting from Lloyd\u2019s A+ rating.<\/p>\n\n\n\n<p><strong>About Beat Capital Partners <\/strong>&nbsp;<\/p>\n\n\n\n<p>Beat Capital Partners is a London-based incubator of underwriting franchises which offers select individuals and teams&#8217; infrastructure, risk capital, and highly rated paper, alongside experienced guidance and support from its seasoned management team. Beat has launched a broad portfolio of specialty underwriting businesses since its founding in 2017 and services Lloyd\u2019s Syndicates 4242\/1416. Beat is a subsidiary of Ambac Financial Group, Inc. (NYSE: AMBC). For more information, see <a href=\"http:\/\/www.beatcapital.com\">www.beatcapital.com<\/a>.<\/p>\n\n\n\n<p><strong>About Ambac<\/strong><\/p>\n\n\n\n<p>Ambac Financial Group, Inc. (\u201cAmbac\u201d) is an insurance holding company headquartered in New York City. Ambac\u2019s core business is a growing specialty P&amp;C distribution and underwriting platform. Ambac\u2019s common stock trades on the New York Stock Exchange under the symbol \u201cAMBC\u201d. For more information, please visit <a href=\"http:\/\/www.ambac.com\">www.ambac.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"LONDON 24 February 2025: Brace Underwriting Limited (\u201cBrace\u201d), a multi-line and alternative risk specialist underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, Inc. (NYSE: AMBC), today announces that Hayley Johnston will be joining the board as an independent non-executive director, subject to regulatory approval. Johnston is currently chief executive officer of&#8230; <a class=\"view-article\" href=\"https:\/\/braceuw.com\/brace-appoints-independent-non-executive-director\/\">View Article<\/a>","protected":false},"author":7,"featured_media":1139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Brace appoints independent non-executive director - Brace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/braceuw.com\/brace-appoints-independent-non-executive-director\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brace appoints independent non-executive director - Brace\" \/>\n<meta property=\"og:description\" content=\"LONDON 24 February 2025: Brace Underwriting Limited (\u201cBrace\u201d), a multi-line and alternative risk specialist underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, Inc. 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