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9 September 2021Insurance

Global Aerospace unveils new CEO to lead next phase of growth

London-based  Global Aerospace, a provider of aerospace insurance, has appointed a new group chief executive officer(CEO) to succeed Nick Brown, who is retiring after a 17-year tenure with the company.

Rachel Barrie's (pictured) appointment as CEO will be effective January 1, 2022.

Barrie has served in a variety of roles at Global Aerospace Since 2007, and most recently served as group chief underwriting officer. She has more than 18 years’ experience in aviation insurance.

Brown began his 17-year tenure at Global Aerospace as chief underwriting officer and has served as group CEO since 2009. The company said he has played a key role in developing a nimble, global organisation with a unique culture that is focused on innovation and collaboration both internally and with its clients and brokers. He also led the company’s digital transformation to face the demands of an ever-evolving aerospace insurance market.

“Nick has played an integral and pivotal role in guiding Global Aerospace. The company owes a huge debt of gratitude to him, and we respect his personal decision to retire,” said John Wilkinson, chairman of the board of Global Aerospace Underwriting Managers. “We thank him for his steadfast leadership and for developing a team that is poised to continue its future success. We wish him all the best for the future.”

Wilkinson added: “Rachel is the right choice to lead Global through its next phase of continued growth and drive the future strategy for the company. Her deep market knowledge and expertise give the Board full confidence that she will continue to provide dynamic leadership for our customers, employees, pool members, and shareholders."

Brown commented: "It has been a privilege to serve as CEO of Global Aerospace and I want to offer my sincere thanks to my colleagues whose hard work and dedication have allowed us to deliver on our commitments to our customers. I have worked with Rachel for many years and am confident she will be an excellent leader."

Barrie added: "I want to thank Nick for his eminent leadership and also the Board for its confidence in me as I step into this role. I am honoured and enthusiastic to have the opportunity to work with our talented team around the world and to serve our stakeholders to the highest level."

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