Conduit Holdings Limited Appointment of Chief Underwriting Officer (7514B)
15 2월 2022 - 8:33PM
UK Regulatory
TIDMCRE
RNS Number : 7514B
Conduit Holdings Limited
15 February 2022
Conduit Holdings - Appointment of Chief Underwriting Officer
Conduit Holdings Limited ("CHL" or "Conduit") (Ticker: CRE)
Pembroke, Bermuda - 15 February 2022
Appointment of Greg Roberts as Chief Underwriting Officer
Conduit is pleased to announce the appointment of Greg Roberts
as Group Chief Underwriting Officer. Greg takes over this role from
Trevor Carvey, the Group Chief Executive Officer and the current
Group Chief Underwriting Officer, with effect from 1 March 2022,
when he will also join the Executive Committee.
Greg joined Conduit prior to the IPO in 2020 to lead Conduit's
property underwriting.
Trevor Carvey, Group Chief Executive Officer, said: "Greg has
shown great ability and leadership right from our pre-IPO planning
stages through to establishing a solid presence in the market
throughout our first year of trading. He has been instrumental in
putting in place so many of the essential building blocks around
Conduit's underwriting, systems and team building. Greg has
excellent commercial awareness, an acute sense of the underlying
insurance dynamics and an in-depth understanding of the reinsurance
marketplace in general. Transferring the CUO responsibilities to
Greg is a natural progression, enabling me to concentrate on my
role as Group CEO as we scale our business and grow strategically
for the future."
Neil Eckert, Group Executive Chairman, added: "It was always our
intention to split the roles of CEO and CUO to allow Trevor to
concentrate on his role as CEO and the strategic development of the
Group. Under Trevor's leadership, we are now through the initial
foundational phase of building out both our underwriting team and
portfolio. During that process, Greg has emerged as the outstanding
candidate to assume the mantle of CUO and we feel that now is the
right time to promote Greg into this key role."
Greg brings 20 years' underwriting experience to Conduit. He
spent 18 years of his career at MS Amlin, where he held a number of
roles including Leading Class Underwriter and Head of Reinsurance
Catastrophe Modelling. Most recently he was Head of North American
Property Treaty, London for MS Amlin. In 2018 Greg joined Am Trust
Re, where he established and ran the property reinsurance division
until the sale of syndicate 1861 in 2019.
Greg will report to, and continue to work closely with,
Trevor.
The appointment is subject to Bermuda immigration approval.
-END-
Media contacts
Haggie Partners - David Haggie, Caroline Klein
+44 (0) 207 562 4444
conduitre@haggie.co.uk
Investor relations and other enquiries:
info@conduitreinsurance.com
About Conduit Re
Conduit Re is a pure play global reinsurance business based in
Bermuda. Conduit Reinsurance Limited is licensed by the Bermuda
Monetary Authority as a Class 4 insurer. A.M. Best has assigned a
Financial Strength Rating of A- (Excellent) and a Long-Term Issuer
Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The
outlook assigned to these ratings is stable.
Learn more about Conduit Re:
Website: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
Twitter: https://twitter.com/Conduit_Re
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END
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(END) Dow Jones Newswires
February 15, 2022 06:33 ET (11:33 GMT)
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