Hamilton fills gap created by Vantage


Hamilton fills gap created by Vantage

Alex Baker, incoming group chief risk officer, Hamilton Insurance Group.

Hamilton Insurance Group has announced the appointment of Alex Baker as group chief risk officer (CRO) effective January 1, 2023, subject to requisite regulatory approval. Meanwhile, Vantage Group Holdings has announced the hiring and appointment of Pete Skerlj as its CRO, beginning in February.

Baker will report to group chief executive officer (CEO) Pina Albo and replaces Skerlj who will be leaving Hamilton.

“Since joining Hamilton in 2016, Alex has been a trusted advisor and instrumental in building our robust risk and actuarial culture,” said Albo.

“Alex will continue to uphold Hamilton’s high-quality risk and actuarial integrity and I look forward to working even more closely with him as we execute our strategy of building a global diversified specialty insurance and reinsurance company."

According to his LinkedIn profile, Baker has been CRO of Hamilton International for 3 years. Prior to that, he was Hamilton Managing Agency chief actuary and CRO. He also served at Chubb Insurance as syndicate chief actuary.

Skerlj will be based in Bermuda and report to Greg Hendrick, Vantage's CEO.

In this new role, he will lead the further development of Vantage’s data-driven enterprise risk management framework building upon the foundation established over the first two years of operations.

Hendrick said: “Peter is a creative thinker who has a demonstrated track record of designing risk frameworks for start-up and fast-growing businesses.

“He has the rigor to ensure the sustainable, long-term resiliency of Vantage. With his technical expertise and track record in risk management, economic capital modelling, and reserving, we’re pleased to have Peter join us in this vital role.”

Albo said of Skerlj: “As a founding member of Hamilton, Pete set up our risk and actuarial function and helped build our strong team. I am grateful to him for his many contributions to Hamilton’s success and wish him all the best.”

Bermuda Re