Lancashire shakes up underwriting leadership, reveals new reinsurance CUO

Bermuda-based specialty re/insurer  Lancashire Holdings has bolstered its underwriting leadership with a number of senior appointments to support its growth strategy.

James Flude, currently chief underwriting officer (CUO) at Lancashire Insurance Company (UK), will assume an additional role as group CUO for its insurance business, and James Irvine, currently CUO at Lancashire Insurance Company, will take up an additional role as group CUO for its reinsurance business. Both executives will report to Paul Gregory as group CUO.

Subject to regulatory and immigration approvals, Nick Thompson, currently group head of non-marine reinsurance strategy, will replace Irvine as CUO, Lancashire Insurance Company, next year.

John Spence, previously active underwriter of Syndicate 3010, will be appointed chief executive officer of Lancashire Syndicates, subject to regulatory approval, and Jon Barnes, currently active underwriter of Syndicate 2010, will be appointed to a new role as CUO of Lancashire Syndicates.

Finally, Matthew Narbett and Matthew Thomas will become active underwriters of Syndicate 2010 and 3010 respectively. Both were previously deputy active underwriters for the respective syndicates.

Alex Maloney (pictured), group chief executive officer of Lancashire, said: “The appointments we are announcing today are all promotions from within our existing underwriting teams. This is testament to the strength of talent, knowledge and experience that we have at Lancashire, in underwriting and across the wider business.

“I am delighted that our long-term investment in developing our people means that we are able to reward and promote colleagues when suitable opportunities arise.”

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