International specialty (re)insurer Chaucer has announced the appointment of Nicola Stacey as chief underwriting officer (CUO). John Fowle, the current joint CEO and CUO will combine his duties to CEO.
In her new role, Stacey will be responsible for both the development and execution of Chaucer’s underwriting strategy, with a focus on profitable portfolio growth.
Stacey brings more than 3 decades of (re)insurance experience to the role included serving senior leadership roles at Swiss Re and GE Insurance Solutions. She joined from Swiss Re Europe where she most recently served as managing director with responsibility for risk management globally for P&C Reinsurance.
Fowle, CEO at Chaucer, said: “We are thrilled to have Nicola, with her extensive underwriting knowledge and experience, assume the Chief Underwriting Officer role at Chaucer. Her strong underwriting background, proven leadership qualities and deep understanding of risk management will be a great asset as we accelerate our development as a leading global underwriting group.”
Stacey, CUO at Chaucer added: “I am delighted to be joining Chaucer at this exciting time and I look forward to working closely with the team to drive an innovative and disciplined underwriting strategy that leverages our outstanding underwriting talent, product range, relationships and global reach."