Hamilton Insurance Group has announced significant changes in its senior leadership, reflecting its ongoing strategy to strengthen its global specialty insurance and reinsurance operations. Adrian Daws has been appointed CEO of Hamilton Re in Bermuda, succeeding Megan Graves who will retire at the end of 2025 after five years in the role. Meanwhile, Alex Baker will transition to take over Daws’ current position as CEO of Hamilton Global Specialty in London. Additionally, Tim Duffin has been named to a newly created role of group chief underwriting officer. All three executives will report directly to Group CEO Pina Albo and become members of Hamilton’s executive management team.

Adrian Daws brings over 25 years of (re)insurance experience and joined Hamilton in 2015. His previous leadership roles include serving as an underwriter at the company’s Lloyd’s syndicate. Alex Baker, who joined Hamilton in 2016, has built a diverse portfolio of leadership roles within the group, previously serving as chief actuary and chief revenue officer before his 2022 appointment as group chief risk officer. Tim Duffin, with extensive underwriting experience in the Bermuda and London markets, has been with Hamilton since 2012 and was most recently chief underwriting officer of Hamilton Re.

These appointments underscore Hamilton’s emphasis on deep industry expertise and leadership continuity; board chair David A. Brown praised the calibre of the internal candidates stepping into these roles. Group CEO Pina Albo highlighted their “exceptional commitment, vision and performance,” emphasising their importance to executing Hamilton’s strategic growth ambitions.

Further leadership developments within the group include the appointment of Ross Reynolds as CEO of Hamilton Insurance DAC, subject to regulatory approval. Based in Dublin, Reynolds brings extensive operational expertise from his previous role as Hamilton’s Global Head of Operations and will report to Adrian Daws, now CEO of Hamilton Global Specialty. Matthew Saunders has been named interim Chief Underwriting Officer of Hamilton Insurance DAC, reporting to Reynolds.

Hamilton Global Specialty has also expanded its underwriting capabilities with the appointments of Mike Thorp as Head of Space and Chris Golder as Head of Treaty. Thorp, a key figure in launching Hamilton’s space insurance program in 2016, brings 24 years of experience, while Golder, with 16 years in insurance, recently joined the treaty team.

The company has seen prior adjustments to its risk and actuarial leadership, with Alex Baker promoted to Group Chief Risk Officer in January 2023, replacing Pete Skerlj. In parallel, Wilfred Chin was appointed Group Chief Actuary in May 2024, overseeing actuarial teams across Hamilton’s three underwriting platforms, reporting directly to Baker.

These leadership shifts follow a pattern of strong internal succession planning, aimed at bolstering Hamilton’s financial performance and market position in the specialty insurance and reinsurance sectors. As the company continues to build on its progressive track record, the combination of seasoned leaders and fresh executive roles suggests a dynamic approach to managing risk and growth in complex global markets.

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Source: Noah Wire Services