Alex Smith

SVP

United Kingdom

About

Commercial and operational leader with multi-disciplined expertise across the insurance value chain. Analytical and data driven, deep knowledge and experience in MGA businesses, building portfolios of profitable MGA relationships, sourcing and structuring underwriting capacity. Strategic roles for both Lloyd’s/non-Lloyd’s carriers and a large broker-owned MGA. Knowledge of how insurance businesses are structured, succeed based on years of originating and leading due diligence on underwriting agencies. Exposure to large corporate matrix organisations as well as small organisations across US, international & London markets. Understanding and interest in how technology creates internal and external value in the insurance operating model. Areas of expertise include: • MGA/DUA/Coverholder origination, due diligence, contracts and portfolio management. Strong knowledge of Lloyd’s DUA • Structuring portfolio and capacity solutions, business development • Operational/ business model design & management. End to end management of operations, processes and business execution. • Management information and performance analysis, presenting data and information • Outsourcing, offshoring and management of 3rd party performance and relationships

Experience

  • SVP at Carrick Group
    Oct 2025 - Present · 10 mos

  • Consultant at PoloWorks
    Nov 2024 - Present · 1 yr 9 mos

    Working with the PoloWorks exec and MarcoCapital to set up a Lloyd’s Syndicate. Underwriting controls for third party syndicates MGA sourcing + building plus launch and host Business planning and strategy

  • Director of Distribution at Mission Underwriters UK and Europe
    Oct 2023 - Oct 2024 · 1 yr 1 mo

    Mission are an MGA incubator, providing a regulatory, operational and trading platform to entrepreneurial Underwriters. Mission has 7 MGAs under incubation across Property, Casualty, FinPro, Accident & Health Distribution Director role includes the following: • Existing MGAs: advising on strategy and enabling growth via additional capacity using broking contacts • New MGAs: working with a network of contacts to identify and onboard individuals/teams to create new MGAs • Strategic capacity solutions: engaging with insurance carriers and Lloyd’s Managing Agents to create partnerships providing capacity across multiple MGAs/classes/territories

  • Capacity Director at Pen Underwriting UK
    Feb 2022 - Oct 2023 · 1 yr 9 mos

    Part of the Senior Leadership Team and responsible for the sourcing, management and structure of capacity supporting each of the key underwriting divisions. Also responsible for the structuring and delivery of strategic capacity structures/portfolio solutions/ risk transfer solutions.

  • Independent Consultant at Independent consulting
    Dec 2018 - Feb 2022 · 3 yrs 3 mos

    Consultancy to the insurance distribution chain on all aspects of delegated underwriting, from Strategy and Portfolio Steering to Operating Models. Supporting clients in the following areas: • Overhaul of delegated authority portfolios, segmentation analysis, remediation plans, definition of target portfolio • Design/overhaul of delegated authority control frameworks, including defining the operational landscape needed to support current and target portfolio • Navigating insurtech & systems landscape to find the most appropriate solutions • Interim delegated underwriting manager support • Business analysis and outsource management