OAK Reinsurance (“OAK Re”), a global reinsurance company, announces the appointment of James Irvine as chief underwriting officer (CUO), property. Based in London, Irvine will join in spring 2025, and report directly to Cathal Carr, chief executive officer and active underwriter of OAK syndicate 2843.
In his new role Irvine will lead the development of OAK Re’s property offering, a cornerstone of the company’s growth and leadership strategy.
Irvine has close to 20 years of experience, having begun his career at Guy Carpenter before joining Lancashire in 2010, where he was pivotal in building its treaty portfolio. He later advanced to become group chief underwriting officer, reinsurance. At Lancashire, Irvine oversaw underwriting operations across both Bermuda and Lloyd’s.
Irvine’s appointment is emblematic of OAK Re’s commitment to building a market-leading team that has a dynamic synthesis of knowledge and experience.
Cathal Carr said: “OAK Re’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 James reflects this vision: it is another important step in continuing to build a team that leads from the front as the business grows.”