Victor Insurance Holdings, the world’s largest managing general underwriter, has appointed Anthony Stevens as president of Victor International, effective immediately.

Mr Stevens, who was previously head of international development for Marsh’s global risk and digital division, will be responsible for advancing Victor’s insurance strategy outside North America with a specific focus on innovative insurance products and digital solutions, the company said.

Victor has offices in Bermuda, United Kingdom, Netherlands, Germany, Italy, Australia, Canada, and the United States.

Mr Stevens is based in London and reports to Christopher Schaper, chief executive officer of Victor Insurance Holdings. He succeeds Paul Drake, who previously announced his plans to retire from the firm in September.

The company said Mr Stevens brings a unique expertise in technology, strategy and international growth to this new role, having worked throughout Europe and Asia-Pacific on the carrier, brokerage, and consulting sides of the industry.

Mr Schaper said: “A technology-driven leader, Anthony’s extensive experience in building next-generation commercial insurance distribution models, as well as international development, make him ideally suited to drive Victor International’s ambitious growth plans.”

Mr Stevens said: “Technology, data, and analytics are globally revolutionising the way in which the insurance industry transacts business, and managing general underwriters are at the forefront of this transformation. Victor is a new breed of MGU, and is now well established in numerous markets including the UK and across Continental Europe. I’m excited to develop new opportunities incorporating innovative insurance products and digital solutions throughout the international insurance market.”