Beechwood appoints CFO

Beechwood has hired a former Aquiline Capital Partners executive as chief financial officer of its group of companies.

The group includes Beechwood Bermuda International, a licensed long-term insurer domiciled in Bermuda and Beechwood Re, a Cayman Islands-based reinsurer.

David Kaplon joins the firm from private equity company Aquiline Capital Partners, where he was an executive advisor for start-up, growth capital, buyout and turnaround investments in the life, health and annuity sectors.

Kaplon will report to Mark Feuer, chief executive officer (CEO) of Beechwood.

Feuer said: "This is an important milestone for our company. David is a seasoned industry veteran who brings critical strategic leadership and valuable execution capabilities to our business. David will be leading our global mergers and acquisitions (M&A) and capital management initiatives."

Scott Taylor, president of Beechwood, added: "We are thrilled to have David join the team. David is a distinguished and talented executive with an impressive track record of growing reinsurance and financial services enterprises. Beechwood is committed to bringing innovative reinsurance solutions to its clients and to building a leading financial services platform.”