5 September 2014News

RFIB Bermuda CEO resigns

The chief executive officer (CEO) of Lloyd’s broker RFIB’s Bermudian operations has resigned.

Nigel Clark, who has been CEO of the Bermuda operations for nearly six years, has left the company to pursue other interests.

Jeremy Brasier has been appointed as managing director RFIB’s Bermudian operations. He previously served as executive vice president of the operation.

Brasier has been with RFIB for over four years, focusing on placing reinsurance for risk retention groups, captives, mutuals, self insured trusts and specialty MGAs.

He joined RFIB from Kirkway International, where he spent over eight years specialising in modernising traditional insurance and reinsurance structures. He began his career in 1996 as a reinsurance broker with JK Buckenham.

Jonathan Turnbull, chief executive officer of RFIB, said: "I am very pleased that Jeremy has agreed to lead our Bermudian business in what promises to be an exciting growth phase. Since joining RFIB in 2010, Jeremy’s energy, leadership abilities and strategic thinking have been a significant asset and I am certain that with him leading our operations in Bermuda, we are well positioned to realise our ambitions on the island."

Brasier added: “There is significant scope to grow our Bermudian operation and I am delighted to have the opportunity to lead RFIB’s business in Bermuda and develop the opportunities available to us.”