Chaucer Holdings PLC, the specialist Lloyd’s insurer, is pleased to announce the re-appointment on 26 August 2009 of Bob Deutsch as a Non-Executive Director.
He was also appointed to serve on the Audit, Nomination and Remuneration Committees (and will act as Chairman of the latter), and as a Non-Executive Director of Chaucer Syndicates Limited, the Group’s Lloyd’s Managing Agency and main operating subsidiary.
Bob has extensive insurance experience worldwide, having held senior executive or directorship roles with Ironshore Inc., CNA Financial Corporation, Platinum Underwriters Holdings, Ltd., Executive Risk Inc., Darwin Professional Underwriters and Wilton Re Holdings Limited. He is a Fellow of the Casualty Actuarial Society, an Associate of the Society of Actuaries and a Member of the American Academy of Actuaries.
Bob previously served as a Non-Executive Director of Chaucer between January 2002 and December 2008. He stepped down as director only due to a conflict of interest arising from his role as CEO of Ironshore Inc, which owns Pembroke Managing Agency, another Lloyd’s insurer. That conflict has now fallen away following his departure from Ironshore on 31 March 2009.
Commenting on the appointment, Martin Gilbert, Chairman, said, “I am delighted to welcome Bob Deutsch back to the Board. His contribution has always been outstanding. Bob’s deep expertise, especially in actuarial, financial and strategic matters, will serve Chaucer well in the years ahead.”
Chaucer is also pleased to announce the appointment on 26 August 2009 of Richard Scholes as the Senior Independent Director. Richard has been a Non-Executive Director of Chaucer since 2003.