Trade credit insurer Atradius has hired Mark Palmer to head up the London special products team.

In his new role, Palmer will expand the special products’ portfolio in the London political risks and single situation credit market.

Furthermore, Palmer will look to make more hires to his team.

Olivier David, head of special products at Atradius, notes: “Mark provides just the boost to the team we need at this time and we are delighted to have him. As we step up the London operation, his first job is to expand the team and he comes armed with precisely the skills and market experience to do just that.”

“Atradius is an established and highly respected player with some ambitious plans for the future of special products. I’m excited to have the opportunity to play my part in the developments,” Palmer comments.

Palmer was recently director of trade credit surety and political risks division at Marsh Brokers.