19 March 2021Insurance

Chord Re appoints former Aspen exec as CEO amid reshuffle

Specialty reinsurer Chord Reinsurance has appointed a new chief executive following a change in the role of its incumbent leader.

Tom Meyer, the chief underwriting officer of Chord, will take the reins as CEO, replacing Stefan Long who will transition to executive director ahead of stepping down from the company in 2022.

Meyer joined Chord Re at its inception in 2017 as CUO, joining from Aspen Holdings, where he served as chief underwriting officer at Bermuda-based Aspen Insurance. He has had a 25-year insurance career, starting as a broker before joining Aspen to lead their specialty reinsurance underwriting.

John Cavanagh, chairman of both Chord Re and parent company Beat Capital Partners said: “We are thrilled to announce Tom’s appointment and view this as a natural progression for a very talented and well-known specialty reinsurance leader. We would also like to thank Stefan for his contribution to Chord Re from its inception and wish him all the best for the future.”.

Meyer said: “This is an exciting moment to assume the leadership of Chord Re: we have come a long way since our start in 2017 to be a leading reinsurance underwriting business of scale operating in an exciting market environment. I look forward to leading Chord Re forward in the next chapter of its development.”

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