Amwins subsidiary The American Equity Underwriters has appointed Adele Hapworth to succeed Michael Lapeyrouse as the company’s Chief Executive Officer.
Lapeyrouse will assume the role of Chairman for AEU.
Hapworth joined AEU in 2007 and has served in leadership roles including Director of Product Development, Executive Vice President and Chief Operating Officer.
Lapeyrouse has served as President and CEO of AEU since its inception in 1993 and was responsible for founding ALMA in 1997.
As Chairman of AEU, he will continue to work closely with the AEU executive leadership team on key operational matters and strategic initiatives.
“Adele has been instrumental in the success of every major strategic initiative at AEU over the past 14 years,” said Lapeyrouse. “She has the operational knowledge and visionary mindset to lead AEU into its next chapter.”
“The growth and success AEU has experienced under Mike’s leadership is extraordinary,” said Hapworth.
“I’m humbled to have the responsibility of driving the vision and culture of service that Mike so passionately created. I look forward to working together with him and our entire team on the exciting opportunities that lie ahead.”