Bermuda-headquartered Horseshoe Group has announced the appointment of Fred LeMoine as its new Head of Insurance Management.
He will succeed Nigel Godfrey, the Group’s Chief Financial Officer and Executive Vice President of Insurance Management services.
Godfrey has elected to retire from 30 April 2019, but will continue to be involved with Horseshoe and serve as a consultant, as well as the Chairman of the Group’s UK operations.
LeMoine joined Horseshoe at the beginning of the year and has over 20 years of experience in the Bermuda insurance and reinsurance market, including insurance-linked securities (ILS).
Prior to Horseshoe, he held senior positions in both captive management and re/insurance and ILS.
Most recently, LeMoine served as Chief Financial Officer and Chief Operating Officer of Aspen Bermuda Limited, and served on various executive committees and boards within the Aspen Group.
Prior to this, he was Vice President and Account Executive with Marsh Management Services in Bermuda and served as a Director on various insurance company boards.
“I am delighted to welcome Fred to the Group,” said Andre Perez, Chief Executive Officer (CEO) and Founder of Horseshoe Group.
“His tremendous depth and breadth of reinsurance industry experience, along with his leadership skills, will be critical strengths, as we continuously strive to add value to the clients we serve and chart our insurance management strategy in the years to come,” he continued.
“Through the talent of our people, quality of our client service and innovative solutions, Horseshoe is well positioned to realize the next stage of growth and I am confident Fred will contribute significantly to it.”
Commenting on the retirement of Godfrey, Perez added: “As difficult as it is for me to see Nigel retire, I am pleased he has agreed to continue being involved with Horseshoe.
“His wisdom, dedication and leadership have been instrumental to the success we enjoy today. I wish Nigel the very best in this next phase of his life, as he takes the time to enjoy activities he always wanted to pursue.”
Godfrey also commented: “It has been an incredibly satisfying journey, working all these years with Andre to grow Horseshoe from a two-man shop to an agile and leading global financial services provider.
“I think we have been successful in finding my perfect successor in Fred; having worked closely with Fred over the last several months, I feel very comfortable in handing over the reins to him. Our clients and business partners will be in good hands with Fred. I have personally ensured a seamless transition and I look forward to watching Horseshoe continue reaching new heights.”