December 22, 2020
Property and casualty reinsurer Conduit Re has strengthened its underwriting, management and executive team with a series of senior appointments.
Chris Board was named as head of international property and short tail specialty, Marc Bearman joins from AXA XL as head of specialty – marine and energy and Bianca Harris will become head of human resources.
Additionally, Greg Roberts has been appointed as head of property, Erik Soria as head of US casualty, Andrew Smith as chief risk officer, and Keith Griffin as chief actuary.
Conduit Holdings’ shares were admitted to trading on the main market of the London Stock Exchange on 7 December 2020.
Conduit Re holds a Class IV license from the Bermuda Monetary Authority and has been assigned a Financial Strength Rating of A- (Excellent) by AM Best.
Trevor Carvey, CEO and chief underwriting officer, Conduit Re, said: “We are delighted to welcome our new colleagues to the business. We are now well into the 1/1 renewal season and are underwriting business on the lines we have been targeting. Market conditions continued to strengthen in the run up to completion of our IPO and we are very pleased with the quality and terms of what we are writing.”
Neil Eckert, executive chairman, commented: “Conduit Re is off to a strong start, benefitting from the year of preparation we put into the plan prior to launch. We are pleased to recruit a number of high calibre individuals who fit with the team ethos we set out at IPO. We will issue a formal trading update to shareholders on 19th January 2021.”