Horseshoe Group CFO steps down

Bermuda-based insurance and ILS manager Horseshoe Group has appointed Fred LeMoine as its new head of insurance management, to succeed Nigel Godfrey, the group’s chief financial officer (CFO) and executive vice president of insurance management services.

Godfrey is set to retire on April 30, 2019, but will continue to serve as a consultant to Horseshoe, as well as the chairman of its UK operations.

LeMoine has over 20 years of experience in the Bermuda re/insurance and ILS markets, and joined Horseshoe at the start of 2019.

Prior to that, he has held numerous senior positions relating to captive management, re/insurance and ILS, having most recently served as chief financial officer and chief operating officer of Aspen Bermuda.

Before Aspen, LeMoine was vice president and account executive with Marsh Management Services in Bermuda, and served as a director on a number of insurance company boards.

“I am delighted to welcome Fred to the group. His tremendous depth and breadth of reinsurance industry experience, along with his leadership skills, will be critical strengths, as we continuously strive to add value to the clients we serve and chart our insurance management strategy in the years to come,” said Andre Perez, CEO and founder of Horseshoe Group.

Perez continued: “Through the talent of our people, quality of our client service and innovative solutions, Horseshoe is well positioned to realize the next stage of growth and I am confident Fred will contribute significantly to it.”