Carrick bolsters strategic outlook with senior hires Alex Smith and Aidan Mills

Bermuda-based international non-life legacy insurer Carrick Group has begun the year with two senior appointments, naming Alex Smith as senior vice president of operations in London and Aidan Mills as vice president of M&A in Bermuda.

Smith (pictured left), as SVP of Operations, joins equipped with distribution, capacity and consultancy chops, most recently working with the PoloWorks and MarcoCapital to set up a Lloyd’s Syndicate. He started his career at Aviva, and has previously worked at companies such as Amlin, Liberty Syndicates, Brit, Swiss Re, Dale Underwriting, Liberty Specialty Markets, Pen Underwriting, and Mission Underwriters.

Mills (pictured right), as VP of M&A, joins from Chubb, Bermuda, where he held the position of Assistant Vice President. He started his career with Deloitte in Sydney, Australia, and previously worked in Bermuda for Allianz and Axa XL.

Phil Hernon, COO at Carrick, said: “We are excited that such seasoned and talented insurance professionals as Alex and Aidan are joining the Carrick team.

“We have worked with Alex in the past, and he is exactly the type of professional we need to take the business forward: intelligent, innovative and knowledgeable. He has a clear understanding of both risk and capital, which are paramount in the legacy market.”

Devin O’Malley, head of M&A at Carrick, said: “It is a pleasure to welcome Aidan to our fast-growing Bermuda team. Bringing more than a decade of reinsurance and accounting experience, together with automation, advanced analytics, and actuarial modelling, Aidan will enhance our pricing discipline, streamline our diligence processes, and help Carrick evaluate and close legacy transactions faster.”

Smith commented: “I am delighted to have joined the high calibre team at Carrick. The role of SVP, operations, gives me the opportunity to drive operational performance and execution excellence to support the continued growth of the business, whilst utilising my broad industry experience that spans most aspects of the insurance value chain.”

Mills said: “It is a privilege to join Carrick at such a transformative stage in its journey, stepping into the vice president of M&A role where I can leverage my finance and accounting background while expanding into actuarial-focused work. I look forward to collaborating with such highly respected leaders in the legacy insurance space, and I’m thrilled to contribute to Carrick’s continued growth and innovation.”

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