LONDON–(BUSINESS WIRE)–Travelers Europe today announced it has appointed Nick Rnjak to lead Travelers Syndicate Management Limited, its wholly owned platform in the Lloyd’s insurance market. Rnjak most recently served as Chief Underwriting Officer for Travelers Syndicate, and he will continue to focus on expanding its industry sector expertise and building relationships with brokers at Lloyd’s in his new role. He will report to Travelers Europe Chief Executive Officer Matthew Wilson.
“Nick is a proven leader and respected underwriter who has been instrumental in our Syndicate’s strong performance over the past several years,” said Wilson. “His extensive industry knowledge will help us to continue delivering specialised products in key segments and position us for even greater success.”
Rnjak has more than 40 years of industry experience in the London market. Before joining Travelers in 2007, he held a number of underwriting leadership roles at Ace, Gerling, Cox Syndicate and HSB.
Rnjak said, “It’s an exciting time in our industry, and we have an incredibly talented and experienced team in our Lloyd’s group. I look forward to working with the team in this new capacity as we strengthen our broker relationships and provide comprehensive solutions that meet the sophisticated needs of their clients.”
Travelers has operated in Europe for decades in both the general insurance market and through Lloyd’s. Travelers Insurance Company Limited offers business insurance, bond and specialty insurance and risk management services. Travelers Syndicate at Lloyd’s underwrites specialist and complex business classes, including marine, global property, power and utilities, accident and special risks, aviation and energy. Visit www.travelers.co.uk for more information.
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $28 billion in 2016. For more information, visit www.travelers.co.uk.
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