Alcor Group, the property insurance underwriter, has opened an Atlanta office to broaden its American operations.

Spearheading the new office is Sophie DeCouto, the chief executive officer of Alcor USA.

Alcor, which also has offices in London and Bermuda, underwrites property business for clients globally and is backed by S&P A+ rated Lloyd’s capacity.

“We look forward to working more closely with wholesale brokers and their clients in the United States while continuing to serve our existing stakeholders in London and Bermuda,” said Joshua Graham, head of Alcor.

“This expansion will enable us to widen our network of wholesale brokers and provide better service locally for clients.”

He said Ms DeCouto was a seasoned excess and surplus professional with an exceptional reputation in the wholesale property market.

“Her leadership, industry insight and underwriting expertise align with our mission of delivering trusted and effective solutions for our clients, with great service levels,” he said.

“Opening our office in Atlanta enables us to get closer to our clients and embed deeper relationships with our panel of key wholesale brokers.”

Ms Decouto has more than 20 years of underwriting leadership and market expertise. Most recently, she was vice-president at Paragon Speciality Property.

Alcor said she had a proven track record of driving growth and delivering tailored risk solutions across a range of complex lines.

“I’m excited to join Alcor at such a dynamic time,” Ms DeCouto said. “The excess and surplus market continues to thrive with immense potential. I look forward to continuing to deliver innovative property underwriting solutions backed by Alcor’s strong reputation, service-oriented approach and A+ rated financial stability.”

Mr Graham has taken over as head of Alcor Group, with Chris Fisher moving to an advisory role.

He and Mr Fisher cofounded Alcor in 2020 with backing from Beat Capital Partners, a London-based incubator of underwriting franchises. Beat was acquired by Ambac in 2024.