Centaur Fund Services (Bermuda) Ltd has appointed IC Condat as its head of insurance-linked securities.

Speaking about his appointment with the independent fund administrator, Mr Condat said: “The ever growing interest and appetite in the ILS asset class provides us with great business opportunities as clients really value Centaur’s professional and client first approach.

“I am excited to be part of a great team, and I am focused on building and growing Centaur’s ILS service offering.”

Mr Condat has previously held senior positions at SS&C Fund Services (Bermuda) Ltd and PwC Bermuda. He will be based at Centaur’s office in Bermuda.

Marc Weaver, chief operating officer, Centaur Fund Services (Bermuda) Limited, said: “Centaur services a strong group of hedge funds, private equity and family office clients based in the US, Europe and Asia and we see tremendous opportunities for further growth, including growth in the ILS sector.

“We launched our Bermuda office in 2016 and it has quickly become an important servicing centre for us.”