Steven Sumner is appointed.

Lancashire Holdings has appointed Steven Sumner as chief risk officer.

Neil McConachie, who previously held the role of chief risk officer, continues as group chief financial officer and a director of Lancashire.

Sumner joins the Lancashire Group from PricewaterhouseCoopers where, as a director, he led the strategic management and insurance consulting operations practice with specific responsibility for facilitating the enterprise risk management processes and methodologies for new and established insurers and reinsurers.

Prior to working for PricewaterhouseCoopers, Sumner held senior roles at Crum & Forster, American International Group and Continental Insurance Companies. He brings to the Lancashire Group over 30 years' experience in the insurance industry covering a diverse range of functions including underwriting, finance, information systems, claims and operations.

Neil McConachie, group chief financial officer, said: "We are delighted to welcome Steve to the Lancashire Group as Chief Risk Officer. Steve's appointment is another strong statement of our commitment to excellence in risk management.

"Steve's broad experience and insight into risk management practices across a wide variety of insurance organizations gives him a unique ability to act as a critical link between our Underwriting, Actuarial and Modelling, IT, Operations and Finance teams.'

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