Rokstone names head of marine

Rokstone names head of marine | Insurance Business America

Marine

Rokstone names head of marine

Division is looking to become a $100 million business in five years

Marine

By
Kenneth Araullo

Aventum-owned managing general agent (MGA) Rokstone has announced the appointment of Mike Nukk (pictured above) as head of marine.

With a career spanning over two decades in the marine insurance sector, Nukk brings a wealth of experience to Rokstone. Prior to his role at AIG, he spent two decades at Liberty, with his most recent position being senior vice president, global marine practice leader and marine chief underwriting officer at Liberty Mutual Insurance. During his time at Liberty, he also worked in London for seven years as the vice president of marine, EMEA at Liberty Special Markets.

In his new role at Rokstone, Nukk will spearhead the growth of the marine portfolio in North America, with an ambitious goal to establish it as a$100 million business within five years, with a specific focus on middle-market North American business.

“We’re very excited to have Mike on board. There is a glaring need for expertise and superior transactional execution in the middle market marine space,” said James Potter, CEO of Rokstone. “It is an area of the market that’s been seen as cumbersome and overlooked by carriers – a ‘white spot’ that has immense potential for a nimble and efficient MGA like Rokstone.

“Together with Mike’s expertise and supported by A rated capacity, we’ll dominate this space in the market. Mike is one of the most experienced and knowledgeable marine underwriters in the world and we’re delighted to be working with him [to] explore and grow this exciting opportunity.”

Nukk will be based in New York and is set to join Rokstone later this month after completing his notice period with AIG, where he served as head of marine for North America for nearly five years. This appointment also closely follows the recent addition of Jordan Lanford as head of aviation, also previously from AIG.

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