Talent
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The European reinsurance chief says interest rates and loss experience drive the carrier’s hardening stance. -
His appointment comes after Steve Bitar took over as CEO in April.
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The division brings together carriers and MGAs, while providing capital advisory, analysis and modelling support.
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The reinsurer dubbed "Vantage" also secures Aurora Swithenbank as CFO.
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Shabnam Ahmed will build out the manager’s portfolio and train other underwriters.
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Chris Schaper becomes Validus Re CEO, Pat Regan suddenly departs QBE and more.
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The experienced pair will advise on insurance, reinsurance, weather risk, commodities and technology.
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Lee joins from guarantee firm Athene Holding, where she was an investor relations director.
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Former Markel underwriting executive Trevor Carvey will also be part of the leadership team.
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Incumbent Ethos CEO Rory Cline becomes executive underwriting officer for all of Ascot’s North America business.
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The executive will work alongside outgoing chief Richard Pryce for the next few months.
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The changes move away from a management structure built around types of business.
