Farm insurance specialist Allstate Underwriting says Chris Madell will take over as MD from Grant Brokenshire, who is leaving at the end of the month to pursue other interests.

Mr Madell was recently head of alternative distribution for Chubb in Australia, and played a key role in linking Chubb and Allstate last year. Allstate’s products are underwritten by Chubb.

Mr Madell says there are opportunities to “expand our product offering and grow our national footprint”.

Allstate says there are no other planned changes to its management or operational teams.