REG-Lancashire Hld Ltd: New senior underwriting appointments

Lancashire HoldingsAnnouncement

22/06/2022 09:15

LANCASHIRE HOLDINGS LIMITED

22 June 2022
Hamilton, Bermuda

New senior underwriting appointments

Lancashire Holdings Limited (the “Company” or “Lancashire”) today
announces a number of senior underwriting appointments to support the
continued growth in the business.
* James Flude, currently Chief Underwriting Officer (CUO) at Lancashire
Insurance Company (UK) Limited, will assume an additional role as Group CUO
for our insurance business, and James Irvine, currently CUO at Lancashire
Insurance Company Limited, will assume an additional role as Group CUO for our
reinsurance business. In those capacities, they will each 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 James Irvine as CUO, Lancashire Insurance Company Limited, next year.
* John Spence, previously Active Underwriter of Syndicate 3010, is to be
appointed Chief Executive Officer of Lancashire Syndicates Limited, 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 Limited.
* 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, Group Chief Executive Officer, commented: “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.”

Notes to editors

For further information, please contact:
 

 Lancashire Holdings Limited Peter Krinks  +44 20 3300 1548 peter.krinks@lancashiregroup.com       
 Jelena Bjelanovic                         +44 20 7264 4066 jelena.bjelanovic@lancashiregroup.com  
 FTI Consulting                            +44 20 37271046                                         
 Edward Berry                              Edward.Berry@FTIConsulting.com                          
 Tom Blackwell                             Tom.Blackwell@FTIConsulting.com                         
                                                                                                   

About Lancashire

Lancashire, through its UK and Bermuda-based operating subsidiaries, is a
provider of global specialty insurance and reinsurance products. Lancashire
has capital of approximately $1.8 billion and its common shares trade on the
premium segment of the Main Market of the London Stock Exchange under the
ticker symbol LRE. Lancashire has its head office and registered office at
Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda. The Bermuda
Monetary Authority is the Group Supervisor of the Lancashire Group. For more
information, please visit Lancashire’s website at www.lancashiregroup.com.

NOTE REGARDING FORWARD-LOOKING STATEMENTS:

ALL FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT OR OTHERWISE SPEAK ONLY AS
AT THE DATE OF PUBLICATION. LANCASHIRE EXPRESSLY DISCLAIMS ANY OBLIGATION OR
UNDERTAKING (SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY
OBLIGATIONS INCLUDING THE RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE
ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENT TO REFLECT ANY
CHANGES IN THE GROUP’S EXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH
STATEMENT IS BASED. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS
ATTRIBUTABLE TO THE GROUP OR INDIVIDUALS ACTING ON BEHALF OF THE GROUP ARE
EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY THIS NOTE.



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