Bermuda based (re)insurer Hamilton Reinsurance Group has announced three promotions within the leadership team at its Lloyd’s of London operations, subject to regulatory approval.
Adrian Daws, currently active underwriter of Lloyd’s Syndicate 4000, will be promoted to chief executive officer of Hamilton Managing Agency Limited.
Miles Osorio who currently serves as deputy active underwriter and head of property, will take up the position of active underwriter of Lloyd’s Syndicate 4000.
Additionally, Mel Alexander, currently head of property blinder will also assume the further responsibilities of chief underwriting officer, London Branch, for Hamilton Insurance DAC, the firm’s Dublin-based carrier.
Pina Albo, group CEO said: “These promotions follow the resignations of Hamilton Managing Agency Limited CEO, Tim Glover, and Chief Underwriting Officer, David White.
“Thanks to the considerable groupwide bench strength at Hamilton, we’ve been able to move quickly to activate our robust succession plan.
“With over 20 years’ experience in the Lloyd’s market, Adrian is an excellent choice to succeed Tim. He’s one of the first employees hired in our London platform, a well-respected industry professional, and he knows the Company well. We have no doubt that the transition of leadership will be seamless.
“Miles is also the perfect candidate for his new role, bringing 30 years’ experience to the position. Like Adrian, he is one of Hamilton’s first hires and has held the position of Deputy Active Underwriter of Lloyd’s Syndicate 4000.
“Mel came to Hamilton with our acquisition of Pembroke Managing Agency and has been a shining light ever since. I’m delighted to see her presented with this exciting career opportunity. When she takes on responsibility as CUO, London Branch, her expertise and experience will be invaluable as she works with CEO of Hamilton Insurance DAC, Fiona Marry, in the ongoing development of our Dublin carrier.
“Given the impressive progress in completing the integration of our acquired businesses, the talent we have throughout the Company, and the significant optionality offered by our global platform, we remain ideally positioned to take advantage of the opportunities presented by the hardening market.”