Dwayne Hunt has been promoted to senior vice-president, head of property insurance, at Hamilton Re.

Mr Hunt succeeds Gavin Davis, who will be leaving the organisation.

Hamilton Re is the Bermudian-based insurance and reinsurance underwriting platform of Hamilton Insurance Group.

Mr Hunt brings 30 years of insurance industry experience to his new role leading Hamilton Re’s property insurance business and team.

He joined Hamilton five years ago from Neon, where he was senior vice-president, property insurance. Prior to that he held senior underwriting roles in property insurance at Ace (now Chubb) and Arch.

He began his insurance career as a broker with Johnson and Higgins before joining XL (now Axa XL) where he got his start in underwriting.

Adrian Daws, chief executive, Hamilton Re said: “This is a well-deserved and well-earned appointment. Dwayne has consistently delivered profitable underwriting results, built strong broker relationships and is highly regarded by his colleagues.

“His promotion reflects our nimble structure and collaborative culture, which enable us to draw on internal succession and drive sustained growth. We are fortunate to have such notable industry expertise leading our talented team in this important line of business.

“Gavin joined Hamilton ten years ago and played a pivotal role in diversifying Hamilton Re’s portfolio to include the property direct and facultative insurance practice, while also building a strong team. We are grateful for his contributions and wish him every success in his next chapter.”