Conduit taps former MS Amlin veteran as new group CUO
Property and casualty (P&C) and specialty reinsurer Conduit Holdings has tapped an insider, who spent 18 years of his career at MS Amlin in various leadership roles, to take up the post of group chief underwriting officer (CUO).
Greg Roberts (pictured) will take over the role from Trevor Carvey, Conduit's group chief executive officer and the current group CUO, with effect from March 1, and also join the executive committee.
Roberts joined Conduit prior to the IPO in 2020 to lead its property underwriting. He has over 20 years’ underwriting experience, having spent 18 years of his career at MS Amlin, where he held a number of roles including leading class underwriter and head of reinsurance catastrophe modelling. Most recently he was head of North American property treaty, London for MS Amlin. In 2018 Roberts joined AmTrust Re, where he established and ran the property reinsurance division until the sale of syndicate 1861 in 2019.
Carvey said: "Greg has shown great ability and leadership right from our pre-IPO planning stages through to establishing a solid presence in the market throughout our first year of trading. He has been instrumental in putting in place so many of the essential building blocks around Conduit's underwriting, systems and team building.
"Greg has excellent commercial awareness, an acute sense of the underlying insurance dynamics and an in-depth understanding of the reinsurance marketplace in general. Transferring the CUO responsibilities to Greg is a natural progression, enabling me to concentrate on my role as Group CEO as we scale our business and grow strategically for the future."
Neil Eckert, group executive chairman, added: "It was always our intention to split the roles of CEO and CUO to allow Trevor to concentrate on his role as CEO and the strategic development of the Group. Under Trevor's leadership, we are now through the initial foundational phase of building out both our underwriting team and portfolio. During that process, Greg has emerged as the outstanding candidate to assume the mantle of CUO and we feel that now is the right time to promote Greg into this key role."
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