Reinsurance News

Sciemus renamed as Occam, as CEO Welsh departs

26th July 2018 - Author: Staff Writer -

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Specialty Lloyd’s of London managing general agent (MGA) Sciemus is to be renamed
Occam Underwriting, with current Chief Executive Officer (CEO) Rick Welsh leaving his position after 3 years at the firm.

occamLance Gibbins, who has been Chairman and co-CEO since 2016, will succeed Welsh as CEO following his resignation from the role.

The new name references Occam’s razor, the problem-solving principle that the most straightforward solution is best.

Head of Cyber, Dan Carr, will continue to lead and develop this line of business. Phil Duffin continues as Head of Space and Ian Green as Head of the recently relaunched Power business.

“This marks the start of a new phase in which Occam is seeing expansion of its MGA footprint in emerging and complex risk classes,” commented Gibbins.

“We will continue with this expansion and continue to consider capacity alternatives,” he added.