Richard. Horrocks

Richard. Horrocks Email and Phone Number

Business Partner at Aspen Insurance Group @ Aspen Insurance Group
Richard. Horrocks's Location
Greater London, England, United Kingdom, United Kingdom
Richard. Horrocks's Contact Details

Richard. Horrocks work email

Richard. Horrocks personal email

n/a
About Richard. Horrocks

Highly committed, adaptable Insurance professional with significant experience within the financial services sector. Insurance and reinsurance expertise with strong product governance awareness covering a range of insurance classes. Excellent system, process, compliance and conduct risk knowledge with strong problem solving, project management and analysis abilities. A leader and team player who communicates well at all levels. Currently leading underwriting governance across one of the UK’s largest MGAs with over 150 underwriters in 15 regional offices and a GWP income of £300m across a diverse product range including, commercial property, casualty, agriculture, marine, personal and specialty lines with A-rated capacity.

Richard. Horrocks's Current Company Details
Aspen Insurance Group

Aspen Insurance Group

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Business Partner at Aspen Insurance Group
Richard. Horrocks Work Experience Details
  • Aspen Insurance Group
    Business Partner
    Aspen Insurance Group May 2021 - Present
    Hamilton Hm19, Bm
  • Geo Underwriting
    Head Of Underwriting Governance
    Geo Underwriting Mar 2018 - Nov 2020
    London, London, Gb
    KEY ACHIEVEMENTS- Formed a fully functional Underwriting Governance Team reporting directly into the Chief Underwriting Officer, covering oversight on contract governance, agency, quality assurance, E&O / breach management, technical underwriter training, acquisition due diligence, product governance and regular detailed executive reporting.-Designed and implemented the “Underwriting Governance Rulebook’ to enable underwriting businesses to adhere to the group policies and standards, meet regulatory requirements and drive cultural change, without impacting business delivery. Managed the strategic audit programme to monitor adherence to the rulebook across the MGA.- Led technical underwriting reviews in the regional offices, to ensure remediation plans were being adhered to prior to the sale of £130m GWP of commercial business to Arch.- Development and delivery of the ‘six stages of underwriting’ training to over 150 underwriters in 15 regional offices, driving consistent and robust underwriting practices, manage performance and to builder carrier confidence.- With over 100 diverse products within the MGA, chaired the MGA Product Governance Committee (PGC) to support the executive and provide oversight, approval and escalation to the MGA Underwriting Committee on all matters concerning product governance.- Developed the new underwriting licencing framework for the MGA re-deploying over 150 licences electronically, to improve oversight controls across multiple classes.- Technical support and oversight to the design and implementation of group policy and business standards to meet company and regulatory minimum standards.- Designed and implemented ‘end to end’ conduct risk focussed audit lifecycle for auditors to support sub-delegated business in the MGA.
  • Geo Underwriting
    Da Conduct And Audit Manager
    Geo Underwriting Feb 2018 - Mar 2018
    London, London, Gb
  • Towergate Insurance
    Da Conduct And Audit Manager
    Towergate Insurance Feb 2016 - Feb 2018
    Gb
    - Led and managed a team of auditors for the annual audit of circa fifty 3rd party Sub-Delegated Authority Brokers.- Manage the breach and E&O process for the personal lines team, following group policy and standards, reporting into the executive board.
  • Self Employed
    Insurance Consultant
    Self Employed Oct 2015 - Jan 2016
  • Amlin Plc
    Deputy Underwriting Manager
    Amlin Plc Aug 2009 - Sep 2015
    London, London, Gb
    Classes of Business – Property and Package, General Liability, Motor Fleet, Professional Indemnity and Financial Institutions.Delegated Authorities – Managed the production of management information for binding authority business across all classes, including GWP/EPI monitoring, coverholder audits and visits plus Lloyd’s/internal approval for coverholder due diligence and conduct risk.Risk Management – Risk Manager for all Amlin UK underwriting risks, which includes regular review and management of key controls and processes to ensure robust control framework.Line guide monitoring / underwriting authorities – Exception and referral reporting against divisional line guide and underwriting authorities to ensure compliance and service standards are met.Technical Pricing – Work with underwriters and actuaries to implement robust Technical Pricing practices.Risk Review - Manage the external risk review process, ensuring recommendations were completed efficiently.KEY ACHEIVEMENTSDesign and implementation of local policy and procedures to manage open market and coverholder business and meet FCA/Lloyd’s minimum standards.Underwriting management project co-ordinator for the implementation of the Watertrace BDX system, to manage delegated authority business. Good matrix management ability and awareness.ELTO Implementation as UK Employers Liability register, to ensure FCA compliance.Development of coverholder management database and management information for circa £130m of delegated authority business across all property and casualty classes.Produced management analysis and recommendation, to enable the on boarding of Flood Re.Technical Pricing and Expected Loss Cost embedding across all classes.Development of underwriting management information reporting for implementation of new underwriting system for the Property & Casualty classes.
  • Aon Benfield
    Reinsurance Research Analyst (Associate Director)
    Aon Benfield Sep 2005 - Jul 2009
    London, Gb
    • Product and service development – Worked with the actuaries to deliver a direct underwriter airline pricing tool to fee paying clients.• Realistic Disaster Scenario (RDS) and; As if analysis - Worked with brokers and underwriters to establish robust RDS analysis and exposure management across client portfolios.• Reinsurance analysis and evaluation - Provided continuous support to the placing brokers, through reporting, assisting with the placement of new business and renewals.• Data collection, analysis - Responsible for the management of the data collection team who supply market aviation insurance information to the client base through research and bespoke analysis.• Relationship management - Managed the development of the aviation risk portal, which included the project initiation, budget estimation/management, requirements specification and resource management (both on-shore and off-shore).• Managed the ongoing administration and development of the (on-line) airline risk pricing product (GAUSS) which generated over £1m of annual income for the business.• Coordinated the development and implementation of ACRaSh, the online aviation loss database, used by over 200 users from 30 international insurance clients including the setting of market reserves on aviation losses.
  • Aon Ltd
    Reinsurance Analyst
    Aon Ltd Nov 1998 - Sep 2005
    Part of the Underwriter Portfolio Services Team which has a diverse role, from calculating underwriter reinsurance recoveries, dealing with claims disputes, to ensuring timely payment of claims. Underwriter assumed outwards reinsurance role, administrating underwriters monthly account including management reporting.
  • Syndicate Underwriting Management Limited/Eastgate Group
    Reinsurance Technician
    Syndicate Underwriting Management Limited/Eastgate Group Mar 1996 - Oct 1998
    Worked on the team which oversaw migration to new claims systems when company was acquired by Eastgate Group in 1998.Reinsurance administration on a number of Marine, Aviation and Non Marine Lloyd's Syndicates.Instrumental in the Reinsurance to close (RITC) of 1993 and post Lloyd's Syndicates, after the formation of Equitas
  • Syndicate Underwriting Management Limited/Eastgate Group
    Reinsurance Technician
    Syndicate Underwriting Management Limited/Eastgate Group Mar 1996 - Oct 1998
    Inwards and Outwards underwriter administration on a number of Marine, Aviation and Non Marine Lloyd's Syndicates in run-off.Instrumental in the Reinsurance to close (RITC) of 1993 and post Lloyd's Syndicates, after the formation of Equitas
  • Chancellor Insurance Company Limited
    Insurance Administrator
    Chancellor Insurance Company Limited Jul 1993 - Mar 1996

Richard. Horrocks Skills

Insurance Reinsurance General Insurance Underwriting Risk Management Brokers Commercial Insurance Liability Financial Risk Claim Claims Management Management Casualty Insurance Analysis Indemnity

Richard. Horrocks Education Details

  • Bishop'S Stortford College
    Bishop'S Stortford College
  • Bishop'S Stortford College
    Bishop'S Stortford College

Frequently Asked Questions about Richard. Horrocks

What company does Richard. Horrocks work for?

Richard. Horrocks works for Aspen Insurance Group

What is Richard. Horrocks's role at the current company?

Richard. Horrocks's current role is Business Partner at Aspen Insurance Group.

What is Richard. Horrocks's email address?

Richard. Horrocks's email address is ri****@****net.com

What schools did Richard. Horrocks attend?

Richard. Horrocks attended Bishop's Stortford College, Bishop's Stortford College.

What are some of Richard. Horrocks's interests?

Richard. Horrocks has interest in Children.

What skills is Richard. Horrocks known for?

Richard. Horrocks has skills like Insurance, Reinsurance, General Insurance, Underwriting, Risk Management, Brokers, Commercial Insurance, Liability, Financial Risk, Claim, Claims Management, Management.

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