Perren Capital Management hires former Nephila employee Susan Richardson as COO

This contented is copyright to www.artemis.bm and should not look anyplace else, oregon an infringement has occurred.

Perren Capital Management Ltd., a Bermuda-based third-party superior reinsurance manager launched by Darren Redhead, has announced the prosecute of erstwhile Nephila Capital reinsurance controller Susan Richardson arsenic the firm’s archetypal Chief Operating Officer (COO).

Perren Capital Management was launched by Redhead towards the extremity of 2024 arsenic his latest task successful the reinsurance superior absorption and insurance-linked securities (ILS) concern space, and the institution adopts a much diversified exemplary than galore ILS managers.

As a collateralized reinsurer and ILS money start-up, Perren Capital Management predominantly underwrites reinsurance and retrocession for spot catastrophe and definite specialty lines, including marine and energy, aviation, panic and cyber risks.

Susan Richardson was astir precocious the reinsurance controller astatine Nephila Capital successful Bermuda, wherever she had worked for astir 5 years. Prior to that, Richardson had worked astatine Lancashire Insurance Group arsenic Group Compensation Accountant, earlier which she worked arsenic an relationship manager astatine JLT Insurance Management.

In her caller relation arsenic Chief Operating Officer astatine Perren Capital Management, Richardson volition study to Darren Redhead, CEO of the company.

She has much than 15 years of experience, crossed reinsurance, ILS and concern operations, and has acquisition crossed a scope of ILS structures and transactions, including collateralized reinsurance, sidecars, and fronted carriers, arsenic good arsenic valuation and capitalist narration experience.

Darren Redhead commented, “I americium delighted to invited Susan to PCM and its enforcement team. Susan’s assignment arsenic Chief Operating Officer underscores our committedness to having seasoned expertise successful each areas of the business, and a beardown absorption connected taste fit.

“I look guardant to moving with Susan to present a best-in-class, Bermuda-based ILS operating exemplary for our investors, clients and brokers.”

Richardson added, “I americium excited to beryllium joining PCM astatine specified a foundational point. Darren’s proven accomplishments successful the industry, combined with his entrepreneurial and forward-thinking culture, offers a compelling and unsocial opportunity.”

CEO Redhead has a track-record from Kinesis, the Lancashire Insurance collateralized conveyance and concern manager that became Lancashire Capital Management, wherever helium created unsocial multi-class collateralized reinsurance and retrocession structures for ample retro buyers and developed concern opportunities for organization allocators.

Before that, Redhead had besides worked successful Bermuda and London astatine Howden Re, D.E. Shaw, Talbot Syndicate, Reliance National and RC Barber Lloyd’s Syndicate 512 during his vocation successful the reinsurance industry.

Perren Capital Management hires erstwhile Nephila worker Susan Richardson arsenic COO was published by: www.Artemis.bm
Our catastrophe enslaved woody directory
Sign up for our escaped play email newsletter here.