BF&M board appoints former Montpelier CEO
Christopher Harris, the former chief executive officer of Montpelier Re, has joined BF&M Ltd’s board of directors.
The Bermudian-based insurance group said Mr Harris would replace Stephen Kempe on the board, who is retiring after 25 years.
Mr Harris, who has more than 25 years of experience in the insurance and reinsurance industries, was CEO of Montpelier Re Holdings from 2008 to 2015.
In the role, Mr Harris was responsible for all aspects of the company’s operations in Bermuda, the UK, and the US. He served on the Montpelier Re board of directors and major subsidiaries, including Montpelier at Lloyd’s. He was also chairman of Blue Capital Reinsurance Holdings.
In 2015, Montpelier was taken over by fellow Bermudian firm Endurance Specialty Holdings in a $1.8 billion deal.
In 2016, Mr Harris joined the boards of Hiscox Insurance Company (Bermuda) Ltd and Hiscox Re.
Before his appointment as CEO at Montpelier, he held the positions of chief underwriting officer, chief risk officer and chief actuary.
Gavin Arton, the chairman of BF&M, said: “Chris brings extensive leadership experience, along with deep risk management expertise.
“His perspective as a seasoned executive in our industry further strengthens our board, as we continue to focus on good governance, growth and driving value for all shareholders.”
On Mr Kempe’s retirement, Mr Arton said: “Stephen has provided invaluable counsel throughout his long and distinguished tenure. On behalf of all the directors and staff of BF&M, we thank him for his commitment, guidance and steady leadership.”
The board of BF&M Ltd is currently made up of 12 directors, of which eight are Bermudian.