Nick Martin, Manager of the Polar Capital Global Insurance Fund, reflects on an extraordinary year and how the insurance industry has navigated the COVID-19 pandemic. While the industry has seen a significant derating, the crisis has accelerated the insurance pricing cycle, setting the scene for a number of potentially very strong years from an underwriting perspective.
Nick joined Polar Capital in September 2010 and is fund manager of the Polar Capital Global Insurance Fund (previously the Hiscox Insurance Portfolio Fund).
Nick has worked on the Fund since 2001 when he joined Hiscox plc. He participated in the management buyout of Hiscox Investment Management in 2007 when the business was renamed HIM Capital Ltd. He has developed a broad knowledge of the insurance sector during this time and from working for the chartered accountants, Mazars Neville Russell, where he specialised in audit and consultancy work for insurance companies and brokers.