Stuart Newcombe ACII, Active Underwriter
Stuart Newcombe ACII serves as Active Underwriter for NormanMax Syndicate 3939. He is a well-known leader in the parametric insurance industry and has been instrumental in the launch of Lloyd’s Syndicate 3939.
Stuart started his Lloyd’s career in 1990 and worked as a personal accident and health underwriter during his early career. He joined the Munich Re Syndicate in 2007 and fulfilled a number of roles before working closely with Lloyd’s through 2019 on the application for what became the first Lloyd’s Syndicate in a Box, Munich Re Innovation Syndicate 1840. Stuart was the Active Underwriter for Syndicate 1840 for its three year operation, with a mandate to write only innovative lines of business. He specialised in parametric insurance, predominantly for natural catastrophe perils including wind, earthquake and flood. Stuart joined NormanMax Syndicate 3939 in January 2024 to become the Active Underwriter of the first exclusively parametric underwriting syndicate at Lloyd’s.
Stuart is an Associate of the Chartered Insurance Institute and holds the designation of Chartered Insurer.
Dominic Coyne ACII, Executive Underwriter
Dominic Coyne ACII is Executive Underwriter for NormanMax Syndicate 3939. He has vast experience in the areas of underwriting, parametric insurance and syndicate operations.
Dominic joined NormanMax after 11 years at Munich Re, mostly spent within the Munich Re Lloyd’s Syndicate in London. He was part of the founding team for the Munich Re Innovation Syndicate, the first Syndicate-in-a-Box at Lloyd’s writing a range of products with a specialism in parametric flood, windstorm and earthquake coverage. Latterly, Dominic was Senior Underwriter for Green Solutions at Munich Re, with a focus on renewable energy and climate resilience.
Dominic is a graduate of the University of Durham and holds Chartered Insurer status with the Chartered Insurance Institute.