Fortitude Re Appoints Jamie Schmerer

April 4, 2024 | 0 Comments

Jamie Schmerer  FGH Parent SVP Enterprise Risk Bermuda April 2024

FGH Parent, L.P. [Fortitude Re], today announced the appointment of Jamie Schmerer as SVP, Enterprise Risk.

A spokesperson said, “Jamie’s responsibilities will include leading Fortitude Re’s regulatory relations efforts in Bermuda, as well as overseeing and enhancing the enterprise risk management framework of Fortitude Re including, risk governance, risk appetite, and risk reporting.

“Additionally, Jamie will oversee the Operational Risk function to ensure seamless integration of operational risk management into the company’s overall enterprise risk framework.

“Most recently, Jamie served as SVP, Head of Internal Audit for Fortitude Re. Prior to joining Fortitude Re in 2019, Jamie held a leadership role at KPMG Bermuda’s internal audit and risk consulting practice, advising a portfolio of public and private clients in the insurance, reinsurance, banking, and asset management sectors.”

Ming Zhang, Chief Risk Officer at Fortitude Re commented, “Jamie’s expertise, coupled with his track record of success makes him an ideal candidate for this role. Jamie’s appointment highlights our commitment to our teammates’ growth and opportunity at Fortitude Re and is a testament to our culture and deep bench of talent, of which we are immensely proud.”

The spokesperson said, “Additionally, Jamie was recently appointed to the board of the Association of Bermuda Insurers and Reinsurers [ABIR].”

Mr Schmerer shared, “I am honored to serve on the board of directors for this organization, which is vital to the growth and success of the reinsurance industry in Bermuda. I look forward to working with my fellow directors to advance advocacy and foster meaningful change both within the industry and the Bermuda community.”

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