Apollo strengthens industry-recognised product recall line with senior appointment
Rhea-AI Summary
Apollo, a Skyward Group company (Nasdaq: SKWD), has appointed David Burke as class lead for its product recall line, underscoring continued investment in specialist underwriting talent. Burke will shape underwriting strategy, support expansion of the recall business, and help diversify beyond Apollo’s established automotive recall capabilities into other recall sectors.
Burke joins from Hiscox, where he led the product recall unit over the past decade and became a partner in 2021. According to Apollo, this hire builds on its strong recall market position, supported by a second-place ranking in Gracechurch’s 2026 London’s Leading Underwriters Report.
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News Market Reaction – SKWD
In the Jul 21 session, SKWD declined 0.99%, reflecting a mild negative market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 02 | Earnings call scheduling | Neutral | +3.2% | Scheduled Q2 2026 earnings release and investor conference call |
| May 12 | Management appointment | Positive | -1.0% | Appointed Melissa Goto to lead E&S Brokerage and Inland Marine |
| May 06 | Q1 earnings report | Positive | +3.8% | Reported Q1 net income, premium growth, and improved underwriting metrics |
| Apr 09 | Earnings call scheduling | Neutral | -0.7% | Scheduled Q1 2026 earnings release and review call |
| Apr 01 | Board appointment | Positive | -1.4% | Nominated Peter Hearn to succeed retiring director Jim Hays |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The two prior management appointment announcements were followed by negative 24-hour reactions.
Key Terms
underwriting financial
product recall financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
LONDON, July 21, 2026 (GLOBE NEWSWIRE) -- Apollo, a Skyward Group company (Nasdaq: SKWD), the innovation inspired insurance platform, announces the appointment of David Burke as class lead to its product recall line, highlighting Apollo’s continued investment in underwriting talent and specialist expertise.
Burke will lead the underwriting strategy for Apollo’s product recall offering, driving continued expansion of the business while broadening beyond its market leading automotive recall capabilities into additional profitable recall sectors. He joins Apollo from Hiscox, where he spent the past 10 years leading the product recall unit, becoming a partner in 2021.
The addition of Burke to the Apollo team builds on Apollo’s established strength in the recall market. Apollo recently ranked second in Gracechurch’s ‘2026 London’s Leading Underwriters Report’, reflecting the Company’s strong reputation among brokers for underwriting expertise and service excellence.
James Slaughter, chief underwriting officer at Apollo, said: “We are pleased to welcome David to Apollo. His experience spans a broad range of complex recall risks and enables us to expand into other profitable niches. I am confident he will contribute to the already strong momentum across our portfolio.”
Chris King, head of specialty at Apollo, added: “Exceptional underwriting talent is central to Apollo’s success, and David brings the expertise, commercial insight and market credibility to help us take our product recall proposition to the next level. David’s strong reputation and technical expertise will further strengthen our ability to respond to clients' needs with speed and precision, while maintaining the underwriting discipline and service our broker partners have come to expect.”
About Apollo
Apollo, a Skyward Group company, is an innovation inspired insurance platform operating at Lloyd’s of London, offering data-driven and creative solutions to a wide variety of risks.
The business provides high quality products and services to clients, and capital partners, enabling a resilient and sustainable world.
Apollo offers products across Property, Casualty, Marine, Energy & Transportation, Specialty, Reinsurance, as well as Smart Follow and digital & embedded risk programs.
Apollo’s experience and unique ecosystem give Platform Partners the best chance of success through the Lloyd’s new entrant process to the delivery of their long-term strategy. For more information about Apollo, please visit apollounderwriting.com.
About Skyward Group
Skyward Group is the holding company brand for its U.S. and U.K. businesses, Skyward Specialty Insurance Group, Inc.® and Apollo, respectively, delivering a comprehensive suite of specialized insurance solutions across global specialty property and casualty markets. Focused on the specialty industry’s most niche, complex risks of today and the emerging challenges of tomorrow, Skyward Group leverages the forward-looking insight and disciplined execution of each organization to drive sustainable growth and long-term value for its shareholders, distribution partners and other stakeholders. For more information about Skyward Group, Skyward Specialty and Apollo, please visit skywardgroup.com.
Media Contacts
Apollo
Haggie Partners
Peter Rigby, Caroline Klein, Finlay Gardner
Email: apollo@haggie.co.uk
Tel: + 44 20 7562 4444
Skyward Group
Haley Doughty
Skyward Specialty Insurance Group
713-935-4944
hdoughty@skywardinsurance.com
Investor Contact
Jordan Arnold
Skyward Specialty Insurance Group
JArnold@skywardinsurance.com
346.215.0250
