Hamilton Hires Adhya After Asteroid-Deflection Job

  • Adhya to work with Ashby, Thorp, report to O'Donohoe
  • Quinlan joins as head of professional lines in Lloyd's role

Hamilton Insurance Group, the underwriter that counts Sanford “Sandy” Weill as chairman, hired Sima Adhya for space policies after her work with satellites, radar detection and engineering.

Adhya joins as head of space from Starstone and will oversee underwriters Mike Thorp and Jon Ashby, who previously worked with her there, according to a statement Wednesday from Bermuda-based Hamilton. Space insurance protects against losses in the launch and orbit of satellites. The company also is adding Stuart Quinlan from Barbican Syndicate 1955 as head of the segment that can guard corporate officials and professionals such as doctors and attorneys against lawsuits.

Chief Executive Officer Brian Duperreault is seeking to expand Hamilton into more specialty markets after forming the company in 2013 with investors including hedge fund firm Two Sigma Investments. The new hires will work with a syndicate that was acquired this year by Hamilton as part of a push into the Lloyd’s of London market. Both will report to Hamilton Underwriting Ltd. CEO Dermot O’Donohoe.

“I’m delighted that two experienced underwriters with such impressive track records for growing profitable businesses are a part of our new team,” O’Donohoe said in the statement.

Adhya was named head of space at Hamilton after similar roles at Starstone, formerly known as Torus, and at Sciemus. O’Donohoe, who was named to the Hamilton post in January, also previously worked at Torus, which was acquired by Enstar Group Ltd. in 2014.

She previously was at QinetiQ Group Plc, the former U.K. defense and research agency, where she worked with the European Space Agency on asteroid-deflection techniques. She also had roles as a product manager for a radar-detection system and as a space systems engineer, as part of an operations team for an imaging satellite, according to the statement.

(Corrects spelling of name in headline of story initially published Nov. 25.)
Before it's here, it's on the Bloomberg Terminal. LEARN MORE