Bermudian-headquartered specialty re/insurer Hamilton Insurance Group Ltd has appointed Kevin Price as Head of Allied Medical for its US excess and surplus business.

Reporting to Clay Rhoades, president, US E&S, the company said Mr Price joins this week from RCM&D.

In this newly created role, Hamilton said Mr Price has responsibility for building out the US-based book of allied medical liability insurance business, leveraging Hamilton Insurance DAC, the company's platform supporting US E&S lines that shares its rating of "A-" by AM Best.

Mr Rhoades said: "We're extremely excited to have Kevin join our growing US E&S team.

“We're undertaking fast-paced expansion in building out our team and business, and know that given Kevin's exceptional expertise, deep relationships and broad industry knowledge, he will contribute to our success in this highly-specialised healthcare area."

Hamilton said Mr Price has decades of healthcare industry experience serving community hospitals in Virginia.

He joins Hamilton most recently from RCM&D, Glen Allen where he was client services team leader, leading a group of insurance agency healthcare specialists that serviced healthcare entities with a complete insurance portfolio.

Prior to that, he had numerous leadership positions spanning his career, including wholesale insurance broking and underwriting, and has been involved in all aspects of the insurance underwriting and distribution processes, the company said.

Mr Price was a long-serving executive at Bermuda-registered Argo Group International Holdings Ltd in Richmond, Virginia where he was SVP, Allied Medical.

He started his career in claims with Liberty Mutual and Victor O. Schinnerer before moving from underwriting to agency and back to underwriting, including having previously worked at RCM&D earlier in his career, Hamilton said.

Mr Price is a licensed insurance agent in Virginia, a certified insurance counsellor, chartered property casualty underwriter and certified risk manager.