Langhorne Re has announced that Andrew Markus will succeed Marvin Pestcoe as CEO, following on from his retirement.
Markus has been with Langhorne since its formation, serving as a consultant to the company in connection with its capital raise and then as chief operating officer and general counsel of Langhorne Holdings LLC and its Bermuda-based subsidiaries.
In addition, he has also been elected to the board of directors of Langhorne Re Bermuda.
He began his career at Willkie Farr and Gallagher LLP in New York and has spent over a decade in Bermuda, previously working in senior roles at RenaissanceRe Holdings Ltd. and Maritime Finance Company Ltd.
He holds a J.D. from the University of Pennsylvania Law School and a B.A. from Tufts University.
As part of the transition, Pestcoe will remain on the board of directors of Langhorne Re Bermuda through the end of 2021.