P&I club Gard says it has created a new post of chief underwriting officer London starting in March 2020.

Company veteran Magne Nilssen has been appointed to the post. He will report to group chief underwriting officer, Bjornar Andresen.

“London is a focal point for the global marine insurance industry, with almost one third of the world’s marine and energy premiums being placed there,” said Andresen.

“As a market-leading player, we want to make sure our presence in this centre reflects its importance with a first-class team.

“The depth of Magne’s experience and breadth of expertise across our entire product range makes him an excellent fit.”

Gard said Nilssen will continue to lead its offshore energy and marine builders risk segment, while taking responsibility for all business routed through the London branch.