Lancashire Appoint James Irvine & Ben Readdy
Lancashire Holdings Limited [LHL] announced the appointment of James Irvine as the Chief Underwriting Officer for Lancashire Insurance Company Limited in Bermuda [LICL] with effect from 1 October 2018, subject to immigration and regulatory approvals.
LHL also announced the appointment of Ben Readdy as the Group Chief Actuary for LHL with effect from 1 January 2019, subject to immigration and regulatory approvals.
“James and Ben replace Sylvain Perrier, who has held the positions of Chief Underwriting Officer for LICL and Group Chief Actuary since March 2013 and March 2006 respectively,” the company said.
“Sylvain has been with the group since its inception and was instrumental in building the group’s actuarial function. Sylvain will continue to work as the Group Chief Actuary until 1 January 2019, and then will continue working for the group in a strategic consultancy role from that date.
“James joined Lancashire in April 2010 and is currently LICL’s Deputy Chief Underwriting Officer in Bermuda with responsibility for LICL’s property reinsurance portfolio. In his new role as Chief Underwriting Officer for LICL, he will report to LHL’s Chief Underwriting Officer, Paul Gregory.
“Ben joined Lancashire in June 2010 and is currently Deputy Group Chief Actuary.”
Commenting on the appointments, LHL’s Chief Underwriting Officer, Paul Gregory, said: “I would like to congratulate James and Ben on their well-deserved promotions. James has played a key role in the development of LICL’s business and underwriting strategy and will continue to uphold our very high standards of underwriting discipline, client service and risk management.
“Ben has played an important part in the development and management of the group’s actuarial functions and I know will continue to bring insight and rigour to his new role.
“Finally, I would also like to thank Sylvain for all his hard work and support in the roles to date, and I look forward to continuing to work with him as a consultant to the group going forward.”
