London-headquartered ILS and reinsurance-linked investments manager Securis Investment Partners has made a number of organisational changes and promotions at senior levels. At the same time, Global Head of Origination Neil Strong has left the firm.
Securis Investment Partners has adjusted its senior management, created a number of new roles and promoted some of its longer-term employees as part of the strategic re-organisation.
With a team of around fifty and having grown relatively rapidly in recent years, Securis, is creating a management platform for future growth, promoting internally to fill new responsibilities that have been created as the firm grew.
The Management Committee, Origination Committees and the Investment Committee have all been expanded and a number of staff have been lifted in seniority as a result.
This includes three staff which have been promoted to new Portfolio Manager roles: Richard Godfrey, for Traded risks; Herbie Lloyd, Non-Life; and Andrea Cavalleri, Life.
Paul larrett has been promoted to a newly created role of Chief Underwriting Officer and Head of Analytics (Non-Life). Previously, Larrett, who is based in Bermuda, worked in an Investment Origination role for Securis. The new role is expected to create an additional layer of investment independence at the ILS fund manager.
Fergus Reynolds has been promoted to Head, Non-Life Origination, moving up from his role as Head of International at the firm.
Securis has additional plans to strengthen its Bermuda and U.S. origination function further, with a new hire to replace Paul Larrett’s new role.
On the investor relations side of the business, both Weston Tompkins and Yuko Hoshino have been promoted to Co-Head’s of Investor Relations & Global Distribution.
The top leadership remains the same, Rob Procter as CEO / CIO, Espen Nordhus as Chairman and Vegard Nilsen as COO and a member of the Management Committee.
Neil Strong, who has been with Securis since 2013 and most recently held the role of Global Head of Origination, has departed ways with Securis.
A spokesperson for the company told Artemis, “Securis and Neil were not able to reconcile the firm-wide, long term strategy and the revised structure with his personal ambitions. As a result, we amicably decided to part. We wish him well in his future endeavours and are grateful for his help over the past 4 years.”