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The outgoing CEO said the market had been restored as a leader during his tenure. -
The reinsurer confirmed Andrew Phelan’s exit, as of 15 May.
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Frustration is growing around a promised independent operating model and staff reward.
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Lee Mooney will replace Neil Galjaard, subject to regulatory approval.
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Plus, the latest people moves and all the top news of the week.
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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Lloyd’s maverick syndicate produces impressive results, but questions remain over succession.
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Bredahl has been appointed CEO and Bonneau as chairman.
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The changes are aimed at improving underwriting and operational performance.
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There have been several personnel moves in the fast-growing tax insurance space recently.
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