It aims to help optimise performance at community financial institutions.
It allows companies to report more efficiently and in line with compliance requirements.
He will guide the strategic vision for the company’s insurance, safety and risk controls.
Key areas of focus are risk management and litigation strategy for clients’ businesses.
Both of these positions were previously held by co-founder and group deputy CEO Paul Brand.
The move is in response to a 'very dynamic market' across various lines of business.
The company has completed its majority share purchase of Irish commercial broker Crotty Insurance.
The company will establish a new licensed reinsurance carrier domiciled in the UK.
Alchemy will take a 'substantial' stake in the group alongside the staff and Nephila.
The companies expect the move to result in a further expansion of their collaboration in the life and annuity market.