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Up to date: Jun 06, 2022 03:41 PM
Property and speciality re/insurer IQUW has appointed Helen Thornton as chief monetary officer for IQUW Re Bermuda Restricted and group head of finance.
Ms Thornton joined IQUW from Nephila Capital, the place she held roles as co-head of reinsurance and chief operations officer since 2011, the place her principal obligations included main the finance and operations groups and co-leading the reinsurance unit.
IQUW stated it has additionally employed Vanessa O’Flynn as workplace supervisor and govt assistant. She was beforehand the chief administrative officer at Third Level Re from inception till January 2020.
Ms O’Flynn was beforehand at Man Carpenter, Allied World and Renaissance Re.
The corporate stated the appointments observe the latest rent of Rene Lamer, who joined the agency’s Bermuda operation as managing director for underwriting and operations and Stephen Younger, who joined the agency as head of reinsurance and CEO of IQUW’s Bermuda platform.
Ms Thornton stated: “I’m delighted to affix IQUW to proceed the buildout of its Bermuda operation alongside Rene, Stephen and Vanessa.
“IQUW has already begun to ship on its potential to develop into a profitable re/insurance coverage agency with a transparent progress imaginative and prescient. I’m thrilled to be becoming a member of the group.”
Mr Younger added: “As we construct out IQUW’s reinsurance platform, we are going to proceed to recruit a high-quality group with broad expertise that may be leveraged throughout the group.
“Helen joins us with a wealth of reinsurance, finance and operations expertise that she will deliver to bear throughout the organisation as we proceed to construct a worthwhile, diversified reinsurance portfolio.”
IQUW’s insurance coverage and reinsurance merchandise are distributed by Lloyd’s syndicate 1856 and IQUW Company in Bermuda.
IQUW offers insurance coverage cowl for aviation, disaster administration, cyber, cargo, marine, political threat, power, property, D&O, monetary establishments, political violence and terror and warfare dangers, plus reinsurance for property and specialty treaty.
Helen Thornton: chief monetary officer for IQUW Re Bermuda Restricted and group head of finance ({Photograph} equipped)
Stephen Younger: head of reinsurance and CEO of IQUW’s Bermuda platform
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