Reinsurance Team
Russell Merrett
FOUNDER AND CHIEF UNDERWRITING OFFICER
With 25 years’ experience in the insurance sector, my career spans broking, underwriting and launching an insurtech, Kinsu, in 2017. I am the former Managing Director of Hiscox London Market. Having joined Hiscox in 1997 as a reinsurance underwriter, I spent my next 16 years in senior positions, including Active Underwriter for Syndicate 33. Before my time at Hiscox, I was a reinsurance broker at Greig Fester. Since 2015, I have served as an Independent Non-Executive Director of RenaissanceRe Syndicate Management. Previously, I was also Chair of the LMA’s Reinsurance Business Panel and served on the Non-Marine Committee.
Damien Smith
REINSURANCE UNDERWRITER
London, United Kingdom
I am a Treaty Underwriter in the Reinsurance team, which provides lead capacity to Property and Specialty businesses worldwide. I have particular focus on the International Property and Specialty portfolios. My outside interests include tennis, tai chi, yoga, and playing classical and acoustic guitar.
Nick Lazarus
REINSURANCE UNDERWRITER
London, United Kingdom
I am a member of the Reinsurance leadership group, and involved in the underwriting and management of our property treaty account. Our particular emphasis is on business emanating from both the US and Caribbean regions. Outside of reinsurance, I harbour a ludicrous aspiration to open my own restaurant.
Adam Alvarez
REINSURANCE UNDERWRITER
London, United Kingdom
I am one of the underwriters in the reinsurance team. In addition to my underwriting role, I run our Insight team. I’m interested in how we can use data science, earth science and technology to improve our products. When I can, I like to get outside on skis, paddleboards or bicycles.
Sarah Walcott
UNDERWRITER
London, United Kingdom
As a Reinsurance Underwriter, I analyse, price and negotiate terms and conditions on Property Treaty business, with a particular focus on North America. Having begun my career as an Actuary, I also assist with the building and development of our in-house reinsurance pricing tools. Away from work, I enjoy watching and playing sports, and currently play netball for my local team. I’m also interested in architecture and love exploring new cities around the world.
Natalie Smith
UNDERWRITER
London, United Kingdom
I work within our Reinsurance team as an Assistant Underwriter, focusing mostly on US Property Treaty. We are focused on understanding what’s important to our cedants and brokers, and how we at Inigo can best support them. In my free time, I love kickboxing and I’m a huge animal lover. I have a very lazy cockapoo whose worst nightmare is to go for a walk.
Tarnjeet Kang
UNDERWRITER
London, United Kingdom
As an Underwriter on our Reinsurance team, I focus on International Property and Specialty lines. Before joining Inigo, I worked on the Broking side and use this experience to help us better understand our clients’ and brokers’ needs, and ensure we provide a high-quality service. Outside work, I love travelling and immersing myself in different cultures. I spent three years living in Sapporo, Japan where I learnt a great deal, including learning to speak Japanese.
Steve Agutter
HEAD OF CLAIMS
London, United Kingdom
Steve is leading Inigo’s claims department responsible for all classes of business.
He brings 30+ years of insurance claims expertise to Inigo and was formerly AIG’s Chief Claims Officer, International responsible for management of all Commercial & Personal Lines claims across the International & Speciality Divisions.
He also specialises in Catastrophe response and claims handling and will oversee all ceded Reinsurance claims at Inigo.
Payal Shah
REINSURANCE CLAIMS ANALYST
Payal is our Claims Analyst, responsible for handling Reinsurance and First Party Claims. She has progressed internally from Inigo’s Political Violence & Terrorism Underwriting Operations Team, aiming to build upon the knowledge she gained from that side of the business.
Proper to joining Inigo, her most recent experience was at a Secure Lifestyle company supporting Ultra High Net Worth clients, directly assisting the Founder CEO and MD with confidential data research. Payal has previously worked as a sales and marketing Account Manager in the Building, Construction and Car Rental Private Sector industries as well as customer service and operations with Housing, Energy and Regeneration Departments for the Public Sector.
Our Underwriting Appetite
LIMITS OFFERED
60M
 
*Our reinsurance is limited to $60m Maximum Line for Property Catastrophe XL/Property Aggregate XL, up to $20m Maximum Line for Property Risk XS/Property Proportional/Specialty, and $15m Maximum Line for Retrocession.
TERRITORY
 
Worldwide with an emphasis on USA, Canada, Australia, Europe, Japan and the UK.
PRODUCTS
 
In addition to the products listed within the Limits offered section, our Property reinsurance product includes Parametric. Products within Specialty include Crop, Cyber, Entertainment, Nuclear, Surety, Terrorism and Wildfire Liability.
The Inigo Claims Experience
Visit any insurance company, and you’ll see promises about claims expertise and efficiency. To be frank, that should go without saying.
To us, a high-quality claims experience means so much more.
It’s about appreciating everyone is different and understanding your unique challenges. It’s about building a partnership on the foundations of a refreshingly human approach. One that trusts us to lead the way, take decisive action and be a calming influence – when and while you need us.
And it’s about proactively working to benefit everyone through insightful data analysis and creating innovative, bold solutions based on the lessons learned.
And yes. These core principles are underpinned by our responsive, nimble and expert claims team – empowered to make the right decisions at the right time to provide the best possible outcome.
Because some things really shouldn’t remain unsaid.