Managing general underwriter Victor Insurance has announced the appointment of Richard Turner as International Head of Marine, effective immediately.
In this newly created role, Turner will be responsible for driving Victor’s international marine business with a specific focus on data and analytics driven insurance products and solutions.
He currently serves as President of the International Union of Marine Insurance (IUMI), a role he will retain after joining Victor.
Previously, Turner held multiple senior roles at RSA Insurance Group plc, including CEO of RSA Luxembourg, Director of Global Risk Solutions Europe, and Global Marine Director.
At Victor, he will be based in London and report to Anthony Stevens, President, Victor International.
“Richard is a proven global leader with deep underwriting and commercial experience across multiple classes of business,” said Stevens.
“He brings an acumen in how technology, data and analytics can transform insurance and risk management, and I expect he will deliver value to Victor’s clients in the in the marine and cargo industry.”
Turner added: “The increased use of data and further digtalisation have the capability to be catalysts for tremendous change in the management of risk in the marine industry. During my time as President of IUMI, I have been articulating the opportunities available to firms around the world to address increased risk challenges through the greater use of technology.”
“I am glad to be joining Victor Insurance, a company at the forefront of this innovative thinking, at such a crucial time for the industry,” Turner continued. “I look forward to working with them to further develop our marine insurance offering across the group.”