’[His appointment] is another important step in continuing to build a team that leads from the front as the business grows,’ says chief executive

Oak Reinsurance has appointed James Irvine as its new chief underwriting officer for property.

In his new role, Irvine will be based in London and lead the development of Oak’s property offering.

He will join next spring and report directly to Cathal Carr, chief executive and active underwriter at Oak Syndicate 2843.

Carr said: “[His appointment] is another important step in continuing to build a team that leads from the front as the business grows.”

Experience

Irvine has nearly 20 years of insurance industry experience.

He began his career at Guy Carpenter before joining Lancashire in 2010, where he helped build out its treaty portfolio.

He later advanced to become group chief underwriting officer of reinsurance, with him overseeing underwriting operations across both Bermuda and Lloyd’s.

Carr said: “Oak’s vision is to establish a leading global reinsurance franchise at Lloyd’s, driven by industry-leading talent, underpinned by cutting-edge risk insights and backed by long-term investors.

“Appointing Irvine reflects this vision.”