MNK Re to expand presence in the surety market with new hire

MNK Re, an independent broker of worldwide specialist risks into Lloyd’s, has announced the appointment of market expert Giles Ham as associate director – surety.

The move will enable MNK Re to expand its international presence in the sector, facilitating coverage for difficult and hard-to-place risks worldwide.

Ham is a surety broker with over 30 years of experience in the market and brings a proven track record of providing bond solutions for companies, either directly or through a sub-broker. He has worked on several major civil infrastructure projects, including the Channel Tunnel Rail Link, and the Ted Williams Tunnel in Boston, Massachusetts.

As a well-known practitioner in the international market, having worked with brokers across the world, Ham will use his experience and contacts to build MNK Re’s client base. This includes overseas clients looking to access specialist London capacity.

Manoj Kumar, MNK Re Group CEO, said:

“Giles brings a wealth of experience and knowledge, so we’re delighted to welcome him to MNK Re. His appointment is an important step as we continue our rapid international expansion and build our book of business in the surety market.

“He has a track record of delivering for his clients and I’ve no doubt that MNK Re will benefit enormously from his understanding of the market and specialist insight.”

Giles Ham, MNK Re associate director – surety, commented:

“I’m thrilled to join MNK Re at a time when the surety market is growing internationally and in high demand; this is exactly the right time for innovative, ambitious firms to have the right bond facilities in place for their future needs. I’m looking forward to using my network and knowledge of the market to help clients find the solutions they need.

“Governments and businesses across the world are seeking to develop increasingly complex infrastructure projects in response to issues like climate change. I’m excited to work with Manoj and the team to help them access bespoke coverage that can provide protection required by employers.”

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Emma Cockings Emma is a content editor for Claims Media. Emma is a experienced writer with a background in client-centric personal injury for a major firm. She has attended and reported on multiple brokerage events throughout her career.