Vero Insurance has appointed experienced engineer and technical underwriter Jacob Hewitt to its business property team.
The firm said the hire would bolster the firm’s capabilities amid the emergence of new and complex risks.
Vero said unexpected costs associated with malfunctions in advanced equipment and unforeseen delays brought on by the integration of cutting-edge new-to-market technologies presented new challenges for the market.
Hewitt, who has worked in the industry for 17 years, joins as Vero's construction and engineering portfolio manager.
His responsibilities will include portfolio management, proposition and market development, and leadership within the Vero construction and engineering team.
Vero executive manager of business property Nick Meister said Hewitt would add local and international experience across construction and engineering insurance and reinsurance portfolios.
"We're thrilled to be welcoming Jake to the team,” Meister said. “His appointment brings our business team world-class technical expertise and a deep understanding of the ever-changing risk profiles and needs of our construction sector customers.”
“Hewitt’s impact will resonate within our construction and engineering portfolio and across the wider business area,” he added. “His passion for excellence and innovation aligns perfectly with Vero's mission to provide leading services and solutions to our brokers and customers.”
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