Ignite Specialty Risk expands Executive Team and UK Underwriting function

Ignite Specialty Risk, a provider of litigation risk insurance, has made four key appointments to its Executive Team and UK Underwriting function, supporting its growth and ongoing development across the UK, Europe, and US markets.

Angus Eames joins Ignite from ClientEarth, where he served as Counsel in Disputes for three years. Admitted as a solicitor in 2016, Eames previously spent five years as an Associate in the Litigation and Arbitration team at DLA Piper.

Matt Evans has been promoted to Technical Underwriter, reflecting Ignite’s commitment to developing internal talent.

With 15 years of Post-Qualification Experience, Evans is recognised by Legal 500 as a skilled litigator and has practised at RPC and Latham & Watkins. Together, they will support the delivery of underwriting solutions and client services for Ignite’s expanding portfolio.

Ben Lim has joined as Portfolio Manager, bringing over fifteen years of experience as a solicitor. He previously worked as a Placing Broker at Marsh, advising clients on litigation and arbitration risk, and spent six years at Lyons Davidson developing expertise in financial claims and costs disputes. Lim’s knowledge will contribute to the growth and management of Ignite’s portfolio.

Tim Woodgett has been appointed Chief of Staff, overseeing strategic planning and operational delivery across all offices. He has nearly twenty years of experience leading strategic initiatives in the insurance sector, with senior roles at Liberty Mutual, MS Amlin, and Hiscox, and will play a key role in supporting Ignite’s international growth.

Since its launch in 2022, Ignite has supported over $2 billion in litigation capital across its global portfolio and is recognised as a provider of litigation insurance in the UK, Europe, and the US. The company has also been acknowledged by Chambers and Partners for its performance in both the UK and US, as well as the achievements of several team members.

Jamie Molloy, Head of ATE at Ignite Specialty Risk, said: “These appointments are clear indicators of the momentum that enables us to continue to invest in our people and our long-term vision. By expanding our team across the board with experienced professionals in management and underwriting roles, as well as leveraging our current achievements, we can advance our UK and EU strategy and provide enhanced value to our brokers and offer best-in-class advice to insureds.”

Byron Sumner, CEO of Ignite Specialty Risk, added: “Tim’s proven track record in driving business evolution and growth within the insurance industry will be invaluable as we pursue our global ambitions. His expertise and leadership will provide the backbone to our operations and support the continued delivery of first-rate service to the market.”