Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has appointed Sarah Davies as a non-executive director and chair of risk and capital committee, and David Hipkin as non-executive chair of the board. Additionally, David Hipkin, has been appointed Davies brings more than 30 years of experience in (re)insurance across the Lloyd’s and London company markets to the role. She started her underwriting career with the Royal and Munich Re before joining Wellington Underwriting in 1993 where she held various roles including property reinsurance underwriter, business support manager, and operations director. Most recently, she worked for DARAG as the group chief operating officer, beginning in 2017. In addition, Davies serves as a non-executive director and member of the risk and audit committee of Howden Insurance Broking. Meanwhile, Hipkin, who has 40 years of experience in the London insurance market, previously served as a non-executive director and chair of the risk and capital committee at Coverys. He began his career in 1980 working as a market broker at C T Bowring. Since then, he has also worked at I C Agnew Underwriting, Wellington Underwriting, Atrium Underwriting and Lloyd’s Managing Agency. Hipkin then retired at the end of 2016 and has undertaken consultancy work with a variety of businesses in the London market. Robin McCoy, CEO of Coverys Managing Agency, says, “I am delighted to welcome Sarah Davies to the Coverys board. She has an exceptional reputation as both an underwriter and a successful leader. We have a number of new initiatives in the pipeline for the managing agency and Davies’s experience and counsel will be invaluable.” He continues: “David Hipkin has been a consistent source of strategic advice for us since joining us in 2019 and the board and I are very pleased that he has accepted this new role.”
