Global specialty insurer and reinsurer Chaucer has appointed Richard Milner as its new Group Chief Executive Officer (CEO), subject to local regulatory approval.
As the Group CEO, Milner’s remit will include being responsible for the general oversight, management, and strategic development of the business which includes composite Syndicate 1084, specialty nuclear Syndicate 1176, and the company’s insurance company in Dublin.
Milner is a market veteran and has held several executive roles at firms like Aspen and Axis Re, where he built on his global re/insurance underwriting expertise.
His extensive experience also includes working with Lloyd’s and across international markets, driving transformation and delivering growth and performance goals.
Paul Jardine, Chairman, Chaucer Group commented on the appointment, “I am delighted Richard has accepted the role and I look forward to working with him. Over the course of his career Richard has distinguished himself as an exceptional leader, earning the respect of his peers and across the industry.
“I am confident that we will all benefit from his tremendous leadership skills, strong underwriting background, and deep understanding of international markets as we continue our development as a leading global underwriting group.”
Dr He Chunlei, Chairman of China Re Group, added, “Chaucer is in a prime position for further growth and success. Together with the leadership team and Chaucer’s deep bench of underwriting, risk and claims expertise, Richard will be immensely valuable in leading Chaucer into a bright future.”
Chaucer added that his reputation as a strong collaborator and communicator are what makes him perfectly suited to lead the company in the next phase of its development.
Milner concluded, “I am delighted to be appointed Group CEO of Chaucer. Chaucer’s reputation, which is built on the experience and expertise of its talented people, innovation and a disciplined approach to risk management, makes it a natural next step for me. I am excited about the opportunities ahead and the chance to be part of something special.”
