Specialty insurer AmWINS has announced the appointment of Matthew Crane as Chief Executive Officer (CEO) of THB Group, its specialist international re/insurance broking and risk management firm.
Crane, who will also take up the role of President of the International division of AmWINS, succeeds outgoing CEO Frank Murphy.
Murphy has served as CEO of THB since 2009 and as President of the International division since 2012, but will now transition into a new role as a Senior Strategic Advisor to AmWINS, while remaining on the company’s executive committee.
Prior to AmWINS, Crane held a number of senior management positions at QBE Insurance Group PLC, including most recently as Executive Director, Market Management for QBE.
In this role he was responsible for sales, distribution, client management, and risk management for all QBE Europe insurance activities.
Crane began his career at Ensign Syndicate 980 serving in a variety of roles, including Deputy Underwriter.
“THB has experienced incredible growth over the last eight years, and we anticipate that this expansion will continue,” said Scott M. Purviance, Chief Executive Officer of AmWINS.
“Based on his vast underwriting expertise, established industry relationships, and extensive experience in the London and European markets, we believe that Matt is the ideal candidate to lead THB and our International division,” Purviance continued. “Matt will continue our journey of building the best independent London platform and specialty (re)insurance businesses in key markets worldwide.”
“I am delighted to be joining the AmWINS family and the THB leadership team,” Crane added. “The scale of AmWINS, coupled with the entrepreneurial spirit of the company, is a combination that cannot be replicated anywhere in the market.”
Murphy further commented: “I feel privileged to have led our London and International operations,” said Murphy. “AmWINS/THB is well positioned to take advantage of a changing Industry, and I believe that Matt and our leadership team will take our business to the next level. I am looking forward to my new role and to supporting Matt.”