Former Axis Re executive Richard Milner has been appointed CEO of Vibe’s newly established reinsurance division, Vibe Re.
In this newly created position, Milner will lead the new unit, which Syndicate Holding Corp (SHC) - the holding company of Vibe Syndicate Management - said was dedicated to strengthening and developing its reinsurance business and to providing further support and solutions for our customers.
He will also serve as a member of the group executive committee and will report to recently instated Vibe group CEO, Joe England.
Milner joins Vibe from Axis Re where he has spent the past twelve years, most recently as president and chief underwriting officer of Axis Re London & Asia Pacific. During his time with the Bermudian carrier, he was also a member of the Axis Re leadership group and held a number of senior roles at Axis Re across Bermuda, Singapore and London, including head of global business development.
Prior to Axis Re, Milner was vice president of international treaty at PXRE in Bermuda, before which he was with Faraday Syndicate at Lloyd’s.
England said: “We are delighted that Rich has joined the executive team of Syndicate Holding Corp and the Vibe businesses.”
“Rich brings exceptional reinsurance relationships, depth and quality to Vibe that will drive our vision for the future of the company and this further reflects our resolve to build Vibe into a truly leading insurance and reinsurance business in the London market,”he added.
Milner commented: “I am excited to join SHC and Vibe and look forward to working with the team to deliver an enhanced value proposition to our customers and brokers as we work towards building a leading reinsurance platform at Vibe Re.”
Milner joins fellow Axis alumni Dan Draper (group chief risk and actuarial officer), Jack Gressier (non-executive chairman) and England, who have all joined Vibe this year.