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The reorganisation will see the departure of current chief executive of the division Charles Goldie.
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The $50mn ILS vehicle of Fidelis, led by CEO Richard Brindle, was launched on 1 June 2018. -
The division will be led by former Guy Carpenter executives.
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Juan Prado was previously a senior vice president at RenaissanceRe Ventures.
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The new executive board member has been with the business since 1996.
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Raffaele Dell’Amore’s principal focus will be on private ILS strategies.
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David Unsworth has previously worked at JLT Re and Guy Carpenter.
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The CEO also predicted that (re)insurance conglomerates will take the lead on developing ILS platforms rather than sole insurers.
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Prior to joining Tangency, Jo Stanton worked at AlphaCat, most recently as chief financial officer.
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Alastair Barbour, who is a non-executive director of the company and chairman of its audit committee, will leave at the end of this year.
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Former Markel Catco CEO Anthony Belisle and ex-CEO of its Bermuda operation Alissa Fredricks filed separate lawsuits against their former employer.
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Zuk brings over 15 years of experience to the MD role.
