Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointments of Alex Smith as Senior Vice President, Operations, in London, and Aidan Mills as Vice President of M&A, in Bermuda.
Smith brings more than 25 years of industry experience. He joins Carrick Group from PoloWorks, where he held a consultancy role, working with the company’s executive team and MarcoCapital to establish a Lloyd’s syndicate.
Prior to that, he served as Director of Distribution at Mission Underwriters UK & EU. Earlier in his career, he held roles at Amlin, Liberty Syndicates, Brit Insurance, Swiss Re, Dale Underwriting, Liberty Specialty Markets, and Pen Underwriting.
In his new role as Vice President of M&A, Mills will join Armin De Weert, Assistant Vice President, Finance, in Carrick’s Bermuda office.
Mills brings more than a decade of re/insurance industry experience, joining from Chubb, where he served as Assistant Vice President.
Previously, he worked as a specialist in ILS at AXA XL and held an accounting and finance position at Allianz Insurance. Before that, he was a Senior Financial Analyst at Deloitte.
“We are excited that such seasoned and talented insurance professionals as Alex and Aidan are joining the Carrick team,” said Carrick Chief Operating Officer Phil Hernon. “We have worked with Alex in the past, and he is exactly the type of professional we need to take the business forward: intelligent, innovative and knowledgeable. He has a clear understanding of both risk and capital, which are paramount in the legacy market.”
“It is a pleasure to welcome Aidan to our fast-growing Bermuda team,” added Devin O’Malley, Head of M&A at Carrick. “Bringing more than a decade of reinsurance and accounting experience, together with automation, advanced analytics, and actuarial modelling, Aidan will enhance our pricing discipline, streamline our diligence processes, and help Carrick evaluate and close legacy transactions faster.”
“I am delighted to have joined the high calibre team at Carrick,” Smith commented. “The role of SVP, Operations, gives me the opportunity to drive operational performance and execution excellence to support the continued growth of the business, whilst utilising my broad industry experience that spans most aspects of the insurance value chain.”
“It is a privilege to join Carrick at such a transformative stage in its journey, stepping into the Vice President of M&A role where I can leverage my finance and accounting background while expanding into actuarial-focused work,” said Mills. “I look forward to collaborating with such highly respected leaders in the legacy insurance space, and I’m thrilled to contribute to Carrick’s continued growth and innovation.”
