Conduit Reinsurance Limited (“Conduit Re”), the main operating subsidiary of Conduit Holdings, today announces a number of senior hires into its underwriting, management and executive team:
- Chris Board, Head of International Property and Short Tail Specialty
- Erik Soria, Head of US Casualty
- Greg Roberts, Head of Property
- Marc Bearman, Head of Specialty – Marine and Energy
- Andrew Smith, Chief Risk Officer
- Keith Griffin, Chief Actuary
- Bianca Harris, Head of Human Resources
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) and a Long-Term Issuer Credit Rating of “a-” by AM Best.
Trevor Carvey, CEO and Chief Underwriting Officer, 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, said, “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.”