Andrew Holderness, former global practice head of insurance at law firm Clyde, is to continue to act as a senior advisor at insurance holding company Paraline Group.
In his role as a senior advisor to Paraline, Holderness will advise across Paraline and other insurance investments of parent company Elliott Management.
In addition to his senior advisory role with Paraline, he recently served on the committee of the Capital Lab at Lloyd’s as a part of the Future at Lloyd’s.
“We are delighted to have Andrew join us as a Senior Advisor,” commented Bruce Schnitzer, Chairman of Paraline.
“We have long benefitted from his sound advice and counsel and look forward to working more closely together to provide assistance to our current investments and consider new investment opportunities.”
Commenting on his appointment, Holderness said, “For many years, I have very much enjoyed working with Bruce and his colleagues.
“I am therefore excited to be asked to continue as a Senior Advisor on insurance matters to Elliott, Paraline and their investee companies”
