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25.06.2014

Advent hires Sarah Mendola as Head of Property Binding Authorities

24 June 2014: LONDON – Lloyd’s insurer Advent has hired Sarah Mendola in the new role of head of property binding authorities. Mendola will report to Advent chief underwriting officer William Beveridge.
 
Beveridge said: “We welcome Sarah’s appointment as another high quality addition to our growing specialty lines business. Her recognised strong technical background in this complex field will add market leading expertise to our property binder account.”
 
The news follows recent developments in Advent’s D&F property, accident & health, energy and marine insurance divisions, and signals the company’s intention to continue to strengthen the depth of their underwriting expertise and supporting infrastructure.
 
Advent is a wholly owned subsidiary of Fairfax Financial Services Limited, a financial services holding company listed on the Toronto Stock Exchange, whose corporate objective is to achieve a high rate of return on invested capital and build long- term shareholder value. Through its subsidiaries, Fairfax engages in global property and casualty insurance and reinsurance and investment management. Advent underwrites through Syndicate 780 at Lloyd’s, which has been conducting business since 1974.
 
Ends
 
For further information please see www.adventgroup.co.uk
 
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Damian Beeley
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