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Accredited appoints SCOR’s Stuart McMurdo as President of UK & Europe

Global program manager Accredited Insurance Program Management has appointed Stuart McMurdo as President of Accredited UK & Europe, effective October 1st, 2024.

McMurdo will be based in London and report to William Spiegel, Chief Executive Officer (CEO) of Accredited.

His appointment follows the hiring of Grace Meek as President of Accredited America earlier this year, based in New York.

As President of UK & Europe, McMurdo will lead the firm’s operations across the region and become CEO of Accredited’s regulated entities, upon receiving relevant regulatory approvals.

McMurdo is an industry veteran who has held roles of increasing responsibilities at various firms.

Most recently, he was the CEO of SCOR’s global reinsurance business, where he has also held other senior roles, including Regional Head of SCOR P&C for EMEA, and CEO of SCOR UK and the SCOR Syndicate at Lloyd’s.

Before that, McMurdo served as Head of Reinsurance for Santam, one of South Africa’s largest insurers, and has held roles with Hannover Re, Glenrand MIB, and Standard Bank.

Spiegel commented, “We are delighted to be able to appoint a leader of Stuart’s standing and experience to drive Accredited’s growth in the UK and Europe.

“Stuart has a deep knowledge of the UK and European markets as well as an impressive track record of driving strong underwriting performance and operational excellence. These factors make him a great fit for our business.”

McMurdo said, “I’m excited to join Accredited and see real opportunities to build on what is already a strong existing footprint.

“Program managers that can offer capital partners sustainable and attractive underwriting returns while helping MGAs access stable long-term capacity are critical enablers of growth and innovation in our sector. Accredited’s balance sheet strength, disciplined approach and high-quality team make it well placed to continue as a partner of choice in the UK and Europe.”

In June, Accredited was successfully acquired by Onex Partners.

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