Chaucer
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The hires come as part of a restructure of the marine and energy segment of the business. -
The carrier is hiring in its energy team following the resignation of natural resources head James Brown.
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The London market businesses face potential fallout as Vesttoo investigates collateral inconsistencies.
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The underwriter has worked at the carrier for almost 20 years and has a background in specialty reinsurance.
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Chaucer joins RSA, Liberty and Axa in the quota share arrangement.
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There is stiff competition in the renewables space as carriers look to establish positions in a growth market.
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He steps into the role vacated by Richard Harries, who will retire at the end of the month after more than 26 years at the carrier.
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Group CFO Rob Callan will take on the role of group interim CEO while Chaucer looks for a successor.
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Andrew Pearce joins following a 16-year tenure at the consulting firm.
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Simon Tighe is taking on the group ESG position in addition to his role as group head of investments and treasury at Chaucer.
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Signatories of the UN’s PSI must abide by four key principles, including embedding insurance-related ESG issues into decision-making.
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The underwriter will work out his notice period at Chaucer, which remains active in the natural resources class.
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