Brace Underwriting has announced the immediate appointment of Richard Wheeler as senior underwriter to leverage his experience in international property sector and multi-line placements. 

Wheeler’s insurance career spans more than 15 years. Based in London, he will report directly to Tom Sambrook, head of underwriting at Brace. 

His responsibilities will include managing client engagement and optimising the underwriting portfolio to align with Brace’s goals. 

Before joining Brace, he served as an underwriting data manager for Liberty Specialty Markets (LSM), having been promoted to the role in 2022.  

Wheeler’s journey in underwriting began at Argenta Syndicate Management in 2004 as an assistant, and he joined LSM in 2008 as a senior business and strategic development underwriter. 

Sambrook said: “We are committed to attracting market-leading underwriters who align with our values to help drive strategic, opportunistic and valuable growth for Brace.  

“His considerable underwriting experience combined with his knowledge of data management makes Richard an excellent candidate for this role. We look forward to welcoming him to the Brace team.” 

Wheeler said: “Brace’s innovative and data-driven approach to underwriting and ability to focus on establishing meaningful and long-term partnerships made this an excellent opportunity for me. I look forward to working with CEO Adam Holberry, Tom and the rest of the underwriting team as we work to further build out Brace’s portfolio.” 

Operating within Lloyd’s, Brace is a part of Beat Capital Partners, writing consortia managed by Beat Syndicate 4242, which enjoys the benefit of Lloyd’s A+ rating. 

Beat is Ambac Financial Group’s subsidiary.