Hamilton Insurance Group Ltd. announced that David Brown has been appointed interim CEO of Hamilton Re Ltd.
It was also announced that Hamilton and Kathleen Reardon, the CEO of Hamilton Re, are parting company. Brown will oversee Hamilton’s Bermuda operations until a successor is announced.
“David is a widely respected insurance professional with hands-on knowledge of Hamilton’s business,” said Group CEO Pina Albo.
“He has been chairman of Hamilton Re Ltd. since 2015 and was Hamilton Insurance Group’s interim CEO for nine months until my appointment in February 2018. He knows our business and our people well, so our transition in management responsibilities will be seamless,” she added.
“David’s leadership and experience will be instrumental as we accelerate plans, in current favorable market conditions, to take advantage of our expanded platform, products, and our global teams to achieve our goals,” Albo continued.
“In the meantime, we would like to express our sincere gratitude to Kathleen for all she has contributed to Hamilton’s growth and development since its inception. We wish her every success in her future endeavors.”
Source: Hamilton Insurance Group
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