IGI nabs new chief risk officer from Arch Capital

Specialist commercial re/insurer  International General Insurance Holdings (IGI) has hired a new chief risk officer from Arch Capital Group.

Stav Tsielepis (pictured) will be based in the company’s London office. He will work with the executive team with responsibility for administering IGI’s risk management framework including the exposure management and capital modelling functions across the group. He will report to Andreas Loucaides, chief executive officer of IGI UK.

Tsielepis, who has 18 years’ industry experience, joins from Arch Capital Group’s London-based subsidiary Arch Insurance International, where he was chief risk officer with responsibility for key projects such as implementing Brexit plans and working closely with regulators, including the Central Bank of Ireland.

During his tenure, he was a board member of Arch Underwriting at Lloyd’s Australia. Previously, Tsielepis was an actuarial consultant for Towers Watson.

"With nearly two decades of experience, Stav joins us in a key senior management role at IGI, bringing a hands-on approach to international risk management and will help us continue to expand and execute our strategic objectives,” said Loucaides.

Tsielepis added: “I am excited to be joining IGI. I look forward to working with IGI’s executive team to ensure that we stay on top of the ever-evolving and diverse global risk landscape.”

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