Reinsurance News

QIC announces Antares executive team hires

19th November 2020 - Author: Katie Baker

Specialty re/insurer QIC Global, the subsidiary of Qatar Insurance Group has appointed Mark Graham Chief Executive Officer of Antares Managing Agency.

Antares logoBefore joining Antares, Graham chaired the Solvency II Committee for the Lloyd’s Market Association and headed his own London market-based company, Acuitas Consulting, which provided strategic and operational advice to insurance businesses.

Graham has been with QIC Global for eight years, beginning his career at the group as Chief Operating Officer at Antares.

He was appointed Group Chief Risk Officer & Executive Vice President at QIC Global’s parent company, Qatar Insurance Company, in January 2016.

His previous roles include Chief Financial Officer and Chief Actuary at Chaucer plc. Graham will report to Michael van der Straaten, QIC Global’s CEO.

Alexander Craggs has also been appointed Deputy CEO of Antares and of Chief Underwriting Officer of Marine, Energy and Accident & Health at Group level at QIC Global, after having been acting CEO of Antares since earlier this year.

The reinsurer also announces that Jim Lye has been approved as Active Underwriter for Antares Syndicate 1274.

van der Straaten said: “Antares is a key element of QIC Global’s long-term growth plans and Mark’s appointment will further align our established Lloyd’s arm with our ultimate parent QIC’s strategy.

“He is a consummate professional, industry leader and an executive with a track record of success. I am pleased to work alongside him as we continue to build upon the strategic vision for QIC Global and strengthen our operations.

“With Alexander now in a permanent position as Deputy CEO of Antares and overseeing the underwriting of all of our Group Marine, Energy and Accident & Health operations, we are confident QIC Global and Antares are in an excellent position to capitalise on favourable market conditions.

“I would therefore like to welcome Mark to his role and look forward to working with him, Alexander and Jim to make QIC Global the risk carrier of choice in the London and international markets.”

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