Specialty insurer and reinsurer IQUW has recently announced the promotion of Phil Furlong to the position of Head of Technical Underwriting and Oversight. This newly created role highlights the company’s commitment to enhancing underwriting governance and maintaining high technical standards across its business operations.
Mark McDonach, who previously held the position, will succeed Furlong as Head of Marine, Energy, and Aviation. Furlong’s extensive experience and expertise in the insurance industry make him well-suited for this new leadership role within IQUW.
In his new capacity, Furlong will play a crucial role in overseeing underwriting practices, ensuring compliance with regulatory requirements, and implementing best practices in technical underwriting. His leadership will be instrumental in driving strategic initiatives and strengthening the company’s underwriting capabilities to deliver value to clients and stakeholders.
IQUW’s decision to promote Furlong underscores the importance of having strong leadership in the underwriting function to navigate the complexities of the insurance market and drive sustainable growth. By appointing a seasoned professional like Furlong to this key position, IQUW aims to further enhance its underwriting expertise and operational efficiency.
This move aligns with IQUW’s strategic objectives to bolster its underwriting capabilities, improve risk management practices, and maintain a competitive edge in the market. Furlong’s appointment reflects the company’s focus on fostering a culture of excellence and innovation in underwriting practices to meet the evolving needs of its clients and ensure long-term success.
Overall, the promotion of Phil Furlong to Head of Technical Underwriting and Oversight at IQUW signifies a significant milestone for the company and reinforces its commitment to excellence in underwriting and risk management.
References:
1. “IQUW promotes Phil Furlong to Head of Technical Underwriting and Oversight” via ReinsuranceNe.ws. [https://www.reinsurancene.ws/iquw-promotes-phil-furlong-to-head-of-technical-underwriting-and-oversight/]
2. “IQUW Names Head of Technical Underwriting and Oversight” on AM Best. [https://news.ambest.com/newscontent.aspx?AltSrc%3D23%26RefNum%3D266706]
3. “IQUW promotes Phil Furlong to Head of Technical Underwriting and Oversight” on Validate. [https://validate.perfdrive.com/cbb649646ef9d41d5fd7ce892b35277d/?ssa=02119ab0-aaf6-4521-b661-da9fc6f7d6e3&ssb=21431245955&ssc=https://news.ambest.com/newscontent.aspx?AltSrc%3D23%26RefNum%3D266706&ssi=d10eccca-cabj-4d00-9251-a2e50c21a14b&ssk=bo****************@*****re.com&ssm=69858053546969604100508516806509&ssn=2df31ee80d508931fb8dadd7ef9e3f5bf9a0259b28e7-191c-4fb7-bb385d&sso=09aa2ede-82335437ef8768263cc287d347022810d2bce81c8b627df1&ssp=31368388521749841032174986624459634&ssq=16132614190876776257041908768346786847047&ssr=MTk4LjIzLjE1Ni44Mg==&sst=Python/3.8+aiohttp/3.10.11&ssu=&ssv=&ssw=&ssx=eyJyZCI6ImFtYmVzdC5jb20iLCJfX3V6bWYiOiI3ZjYwMDA3ZjQzZWNhZi1hYmFmLTRhYzMtODFiMS1hNmFmOGViMTI2OWExNzQ5ODQxOTA4NTg5MC1iNGMwZjEwOTlmYjIzMTY4MTAiLCJ1em14IjoiN2Y5MDAwODU1MjNmN2QtMjhlYi00MjFkLWJkOTUtMjNmYzA2MDJjNGM4MS0xNzQ5ODQxOTA4NTg5MC00YmZhNTNmY2MxOGRkODRmMTAifQ==]
