Adrian Lynch is to join Artex as executive vice-president, North America, in March.

It is a newly expanded role, with Mr Lynch taking responsibly for the oversight and growth of Artex’s captive management offices across the United States, Bermuda and the Cayman Islands.

Mr Lynch will join Artex subject to appropriate approvals and after fulfilling his contractual obligations to Aon Captive & Insurance Management, where he has served as captive strategy leader for the Americas and managing director of Aon Cayman for the past seven years.

Jennifer Gallagher, president of Artex North America, said: “Adrian brings us valuable expertise and is a proven leader in the captive insurance marketplace. Our growth strategy will be enhanced by his strong history in business development and sales. He is a great fit for our culture and I’m looking forward to working alongside him as we continue to build our enterprise.”

As part of this transition, Kevin Heffernan has announced his plans to retire from Artex in March. He has been with Artex for 15 years in a number of operational and domicile management roles. For the past 14 months, he has led captive operations across the US as executive vice-president, while overseeing day-to-day operations in the Mesa office. The company thanked Mr Heffernan for his innumerable contributions and wished him well “on the next stage in his life’s journey”.