MS Amlin has appointed Gisela Nilsson (pictured above) as political violence senior underwriter as part of its effort to strengthen its credit and political risk (CPR) underwriting capabilities.
Nilsson joins the Lloyd’s re/insurer from Talbot Underwriting, where she held the position of political violence class underwriter.
At Talbot, Nilsson led a team of underwriters and oversaw initiatives designed to improve underwriting processes. She played a key role in managing the portfolio’s technical aspects and in supporting team development.
Before her time at Talbot, she held several underwriting roles at Hiscox London Market. There, she contributed to building the company’s aviation portfolio before moving to the terrorism and political violence team. Her work included expanding digital underwriting operations.
Jamie Cleary, head of crisis management at MS Amlin, said Nilsson’s addition is a significant step in advancing the firm’s crisis management business and aligns with its broader ambitions in the sector.
“Her extensive experience across terrorism and political violence underwriting, particularly her track record managing complex portfolios at leading Lloyd’s syndicates, will be invaluable as we continue to support clients navigating today’s volatile geopolitical landscape,” Cleary said.
Nilsson’s appointment follows the recent addition of Osama Elshiekh as senior underwriter for credit and political risk covering the Middle East and North Africa region. This move supports MS Amlin’s ongoing expansion in the region, which included the launch of a CPR insurance offering in Dubai.
In line with these developments, MS Amlin has also created a partnerships division to help capitalize on growth opportunities across both established and emerging sources. The division is designed to work closely with affiliates across the MS&AD Group.
These organizational moves also come amid a broader trend in the global credit and political risk insurance market, which has seen consistent profitability in recent years. Between 2019 and 2023, trade credit premiums grew at a compound annual growth rate of 14%, driven by rising geopolitical uncertainty and increased demand for risk transfer solutions from corporates and lenders.
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