ERS has announced the appointment of Peter Bilsby as group CEO.
Bilsby will begin his role on 1 November and will work alongside former CEO Ian Parker to help ensure a smooth transition.
Bilsby joins from AIG where he was global head of specialty and served as a member of AIG’s international leadership team. Prior to AIG, he was also CEO of Talbot and head of the insurance segment for the Validus group.
The insurance firm has also made public the appointment of Richard Hextall in the newly created role of group chief financial officer. Hextall will undertake his activities at group holding company level.
Jeff Greenberg, chairman of ERS, said: “ERS is uniquely positioned to benefit from the significant dislocation we are seeing in the market by leveraging its team of top-tier executives, married with the strength of the existing ERS platform.
We are delighted to welcome Peter Bilsby to lead the firm into its next stage of growth, bringing unrivalled experience in our key target markets.”
He added: “The board and I would like to express our thanks to Ian. Not many CEOs could have overseen and delivered such a significant transformation. We are enormously grateful and wish him all the best in future endeavours.”