Icen Risk Added Senior Tax Underwriters to US Team
The firm hired two experienced tax attorneys to expand its US transactional risk insurance capabilities.
Updated on Oct. 7, 2026 in People
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Icen Risk has appointed Hannah Tucker and Courtney Johnson as senior tax underwriters to support growing US deal market demand. The pair joins the firm from QBE to bolster its specialized transactional risk underwriting.
Why it matters
The appointments come as transactional risk insurance demand rises, with 2025 market capacity reaching $91.6 billion. Firms are increasingly prioritizing specialized tax expertise to navigate complex US deal structures.
Global transactional risk insurance capacity reached $91.6 billion in 2025, a 34% increase over 2024. The market now features 20 global participants, following a year that saw 3,800 total policies written across 1,800 unique transactions.
The players
Icen Risk
A specialty insurance provider that focuses on transactional risk coverage and has recently expanded its presence in the US market.
Hannah Tucker
A senior tax underwriter based in Houston who previously served as a tax attorney at PwC and an underwriter at QBE for six years.
Courtney Johnson
A senior tax underwriter based in Boston who previously worked at PwC and spent five years as a tax underwriter at QBE.
Zurich Insurance Group
A global multi-line insurer that provides financial backing and strategic support to specialty insurance entities.
The details
Tucker and Johnson, both formerly with QBE, will leverage their backgrounds as tax attorneys to evaluate complex tax liability risks. Icen Risk, which entered the US market in late 2025, is scaling its operations to provide extended coverage across time zones. The firm maintains an initial underwriting capacity of $50 million to support these expanded transactional risk activities.
Timeline
Icen Risk was founded in 2018.
Zurich Insurance Group made a strategic equity investment in April 2025.
The market saw $91.6 billion in transactional risk insurance limits in 2025.
The International Bar Association published relevant market analysis in July 2026.
Hannah Tucker and Courtney Johnson were appointed in October 2026.
Market Landscape
The expansion follows a year of rapid growth in the transactional risk sector, where global insurance limits rose by 34% to $91.6 billion. This move aligns with the broader industry trend of scaling specialized underwriting teams to capture volume in the evolving US deal market.
Operators involved in M&A or high-stakes transactions should monitor the increasing availability of specialized tax liability insurance as a tool to mitigate deal-closing risks. Evaluate your current risk transfer strategies against the growing capacity of firms like Icen Risk.
The takeaway
Specialized tax underwriting is becoming a key competitive differentiator as the transactional risk market grows in size and complexity. Consider reviewing your upcoming transaction's risk profile to determine if specific tax insurance could improve your negotiation position.
Further reading
For more on industry talent moves, see People.
Source note: This article includes information reported by Insurance Business.
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