Atrium Appoints New Team to Enter Credit and Political Risk Market

What's Happening?

Atrium, a Lloyd’s insurer, has announced the formation of a new credit and political risk team, marking its entry into this market. The team will be led by Richard Lamb, a seasoned London market leader, and will include Beth MacGregor and Adam Vulliamy, both of whom are joining from Axis Capital. This strategic move is aimed at developing a comprehensive book across credit and political risk to address evolving customer needs and the volatile geopolitical landscape. Atrium's Chief Executive, John Fowle, emphasized the significance of this development, highlighting the role of credit and political risk insurance in safeguarding investments and facilitating trade. Lamb, with over 27 years of experience, will head the team, bringing expertise from both the carrier and broker sides.

Why It's Important?

The establishment of a credit and political risk team by Atrium is a strategic response to the increasing demand for insurance solutions that address geopolitical uncertainties. This move positions Atrium to offer specialized underwriting solutions, potentially attracting new clients and brokers seeking expertise in managing complex portfolios. The expertise of Lamb, MacGregor, and Vulliamy is expected to enhance Atrium's reputation as a 'go-to' market for credit and political risk insurance, potentially leading to increased market share and influence within the insurance industry.

What's Next?

The new team is set to join Atrium in the first quarter of 2026, following the completion of their contractual obligations with Axis Capital. Atrium will likely focus on building its portfolio and strengthening its position in the credit and political risk market. The company may also explore partnerships and collaborations to expand its reach and capabilities in this sector.