ERS poaches Prosight CRO
Motor insurer ERS has appointed Ryan Warren as chief risk officer (CRO) and director of the Equity Syndicate Management board.
Prior to his appointment at ERS, Warren was CRO at Lloyd’s managing agency, Prosight.
Immediately prior to that he was the Reserving Actuarial Partner at Towers Watson with responsibility for ERS’, known then as Equity Red Star, reserves.
ERS CEO Ian Parker said that this experience makes Ryan ideally placed to fulfil the new role.
He will report directly to ERS chief executive officer Ian Parker. His main responsibilities are maintaining the regulatory infrastructure ERS now has in place and establishing an effective enterprise risk management architecture for the company.
Warren said: “ERS is an ambitious company with a real commitment to growing its specialised product offering as a leading motor insurer, which is a compelling prospect. I am excited to be working with a dedicated team to further strengthen ERS' risk management capabilities, to meet today’s elevated regulatory and marketplace expectations, and to contribute to advancing the company’s strategy.”
Parker added: “ERS has worked hard to meet the demanding requirements of Solvency II and I am confident that Ryan is the right person to ensure that we can now maintain this level of regulatory robustness.
“He understands the business and is at the top of his game so I am really pleased to welcome Ryan to the company and board at such an important point in our transformation.”
