Mannion to help drive growth in engineering treaty sector

Stephen Mannion

HCC Insurance Holdings has hired Stephen Mannion to its treaty reinsurance operation in London.

Mannion joins HCC from TransRe, where he was engineering treaty manager. He will be responsible for driving profitable growth in the engineering treaty sector.

The treaty reinsurance operation at HCC writes around $150m of premium.

HCC head of property treaty reinsurance Tony O’Connor said: “Stephen’s knowledge and experience within the treaty engineering market will allow us to develop a profitable worldwide engineering portfolio. As we strengthen our reinsurance team, we will continue to look at new products and opportunities as part of our long-term strategy.”