Specialty MGA UK has entered the political risk market.

Amir Hussain (pictured) will lead the new division as head of political and credit risk. Hussain has worked as a credit analyst at Barclays, as well as underwriting for Lloyd’s syndicates including Brit and Hamilton. He specialises in political risk, contract frustration and credit risk.

“Building a new line of business requires entrepreneurialism, energy and dedication and I have always enjoyed the challenge it presents," Hussain said. "I’m excited to work with Manoj and the rest of the team, as this is a great opportunity to bring new capacity to the market and make political risk a significant part of Specialty MGA’s offering.”

The multi-line, cross territorial MGA began operating in June 2022, and already writes aviation and space, international property, energy, agriculture/forestry, marine, financial lines, cyber and surety.

MNK group chairman Manoj Kumar commented: “Amir’s background of rapidly developing business in international political risk means he is a fantastic addition to the team. Now is the right time for us to enter the market, given that there are global opportunities as demand for cover continues to rise."

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