Leading hull underwriter Iain Henstridge is moving to Apollo Underwriting to boost its marine insurance ambitions.

Apollo’s Lloyd’s of London syndicate 1969 is set to be a new player in the hull market, even though an oversupply of capital and low premium levels make profit hard to find.

But Henstridge is a top underwriter with nearly 30 years experience in the London hull market so he is better placed than most to run a successful account.

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