CTC Insurance Management make COO hire

CTC Insurance Management, a Bermuda-based subsidiary of Charles Taylor plc, has announced that William Wood has joined the company as chief operating officer.

Wood will oversee the delivery of management and consulting services to the company’s insurance, reinsurance, captives and segregated cell clients.

With more than 20 years of experience in the Bermuda insurance and reinsurance market, he brings a wealth of financial management and analytical experience.

Wood’s most recent role was for Nissan Global Reinsurance as treasurer and controller. Previous to this, he was vice president of corporate development for XL Capital Ltd.

He also acted as vice president for Centre Solutions (Bermuda) Ltd. after spending six years in captive management with major international broking groups.

Andy McComb, CEO of CTC Insurance Management, says, “We are very pleased to welcome William to the company. He brings significant knowledge of our industry to the organisation as well as to our clients. He will be an excellent leader of our Bermuda team.”

Wood became an Associate Chartered Accountant (ICAEW) in 1991 and earned his Associate in Reinsurance and Associate in Risk Management designations from the Insurance Institute of America in 2010.