New roles created across the business
Amlin has created a number of new roles in an overhaul of its senior management.
Simon Beale has been appointed as group chief underwriting officer to develop the group underwriting function. Beale will chair Amlin’s Underwriting Practice Boards which are to be established to cover reinsurance, international property and casualty, marine aviation and transport, and domestic commercial lines.
Corporate Centre Risk led by group chief risk officer James Illingworth will function as an independent second line of defence for the group with a focus on implementing and validating Amlin’s internal model as required under Solvency II regulation, as well as identifying and understanding unacceptable levels of risk and prompting management action as necessary.
Reserving risk will be reviewed independently of the actuarial function with that function reporting to Richard Hextall to whom, as group finance & operations director, the corporate centre’s operations function will also report.
Separately, Andreas Luberichs, who since joining Amlin from Chubb in March 2011 has been head of group underwriting, has transferred to the European insurance business, Amlin Corporate Insurance. He has become executive president, non-marine, joining the ACI management team and reporting to chief executive, Kim Hvirgel.
While Bert Nelen, formerly of the Ace European Group, has now joined Amlin Corporate Insurance as its new executive president for marine.
Amlin chief executive Charles Philipps (pictured above) said: “We believe these changes will further enable Amlin to ensure that the qualities for which we are known in our core London market business are replicated across the group, both in terms of underwriting and client service standards.”
No comments yet