14 April 2014 Insurance

Kane boosts its growing ILS team

Independent insurance manager Kane has promoted Stephen Lister to the position of insurance-linked securities (ILS) manager in Kane Bermuda.

Lister joined Kane in September 2011 as an account executive and was promoted to his new role in November 2013. Prior to this he was a corporate finance business analyst at Aviva UK General Insurance. He joined the firm in 2007 through their graduate training programme.

As ILS manager for the Bermuda office he is responsible for overseeing the activities of the ILS team. He provides client management services to a portfolio of insurance companies with a focus on ILS clients. In addition, he is responsible for all aspects of the day-to-day management of client companies, including the ongoing provision of accounting services. Lister’s remit also extends to developing new client prospects.

Lister said: “Since joining Kane, a major focus of my role has been servicing Kane Bermuda’s ILS business – which has grown significantly, especially during 2013. As a member of the Kane team, we have worked diligently on providing investors and sponsors with innovative solutions and services, and I believe we have played, and continue to play, an important role in the growth of the jurisdiction’s alternative reinsurance market.

“2014 will hopefully be another exciting year for both myself and the Kane Bermuda team, and I look forward to having the opportunity to further expand my knowledge and meet more market participants during the year.”

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