Novae appoints new group chief operating officer


Specialist insurer Novae, which is based in London and Bermuda, has appointed Adam Cragg as group chief operating officer.

Cragg joins Novae from Beazley where he served most recently as head of operations for UK and rest of the world, responsible for managing operational services across eight global offices. He started at Beazley in 2008 as business technology manager. Prior to that, he held senior IT roles at ACE Group and Premium Credit.

Cragg will report to Matthew Fosh, chief executive officer of Novae.

Fosh commented: "I am delighted to welcome Adam to the team. He brings a wealth of technological and operational expertise to Novae and an exceptional track record. He is a key addition to the senior executive team and his knowledge, skills and experience will add enormous value to the Group."

Novae Group, Appointment, Adam Cragg, UK, Bermuda, London

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