Alcor expands into US E&S market with Atlanta office launch and leadership appointments

Alcor Group has launched a dedicated US presence with the opening of an Atlanta office, as the London and Bermuda-based property underwriter expands its global footprint.

The move comes alongside senior leadership changes, with Joshua Graham named head of Alcor Group and Sophie DeCouto appointed CEO of Alcor USA.

Alcor, which underwrites global property business with Lloyd’s capacity, is backed by Beat Capital Partners, a subsidiary of Ambac Financial Group.

The company said the new office will deepen its engagement with the US wholesale property market and bring it closer to key broker relationships.

“We look forward to working more closely with wholesale brokers and their clients in the US whilst continuing to serve our existing stakeholders in London and Bermuda,” said Graham.

“This expansion will enable us to widen our network of wholesale brokers and provide better service locally for clients. We’re thrilled to welcome Sophie to the team. She is a seasoned E&S professional with an exceptional reputation in the wholesale property market.”

DeCouto brings more than two decades of underwriting leadership experience.

She most recently served as vice president at Paragon Specialty Property and has held senior roles at Ironshore, IFG Companies, Axis, and Allied World.

“The E&S market continues to thrive with immense potential,” said DeCouto. “I’m excited to join Alcor at such a dynamic time, and I look forward to continuing to deliver innovative property underwriting solutions backed by Alcor’s strong reputation, service-oriented approach, and A+ rated financial stability.”

The company also announced that Graham has formally taken over as head of Alcor Group, with co-founder Chris Fisher stepping into an advisory role.

Graham and Fisher launched Alcor in 2020 with backing from Beat Capital Partners, which was acquired by Ambac in 2024.

Graham added: “Opening our office in Atlanta enables us to get closer to our clients and embed deeper relationships with our panel of key wholesale brokers. We remain committed to delivering trusted and effective solutions with the high service standards our clients expect.”