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MS Amlin appoints Iain Pearce as CFO

~ New CFO further strengthens MS Amlin leadership team ~

MS Amlin, the leading global (re)insurer, today announces the appointment of Iain Pearce to the role of Chief Financial Officer. Iain will join the business on the 3rd June 2019, forming part of the executive team and reporting to Simon Beale, CEO. The role is subject to regulatory approval. The appointment follows a series of strategic senior hires made by the business over the past 12 months to further strengthen MS Amlin’s leadership team.

Iain joins from Old Mutual plc, the FTSE100 financial services group, where he held a number of senior finance positions over a 15-year tenure. Most recently, Iain held the position of Finance Director, reporting to Old Mutual plc’s Chief Executive. Having trained with KPMG for the first 10 years of his career, Iain has led a number of large transformation projects and strategic initiatives, and brings a wealth of experience to MS Amlin.

John Worth, existing CFO, will be moving onto other opportunities within the industry. MS Amlin wishes to take this opportunity to thank John for his hard work and valuable contributions to the Company.

Simon Beale, CEO of MS Amlin, said: “I am delighted that Iain will be joining MS Amlin’s senior leadership team, bringing with him an extensive and proven track record from leading global financial services firms.

“We continue to implement our strategy of repositioning MS Amlin for a sustainable, profitable future, and I look forward to working closely with Iain to consolidate and build on progress made this year.

“Iain’s passion for fostering a high-performance team culture is one of the many reasons that make him a great fit to help drive MS Amlin to become a modern, forward-thinking organisation with a long-term future.”

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About MS Amlin

MS Amlin is a leading insurer and reinsurer, part of the global top-10 insurance group MS&AD, with operations in the Lloyd’s, UK, Continental European and Bermudian markets. With a 300-year record and more than 2,100 people in 26 locations worldwide, we deliver continuity for businesses facing the most complex and demanding risks. Our role places us at the forefront of the Property & Casualty, Marine & Aviation and Reinsurance markets.

We are experts in underwriting, with both technical capability and deep knowledge of the areas we insure. Our claims service aims to set the industry reference point for quality, with efficient, fair and timely claims management.