Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced the appointment of Joe England and Jack Gressier to the company’s Board of Directors, with Mr Gressier named Non-Executive Chairman. Mr England was also appointed Group Chief Executive Officer of SHC and Chief Executive Officer of VIBE.
The Board of SHC commented, “We are delighted that a team of the calibre of Joe and Jack have joined SHC and the VIBE businesses with a clear vision to develop VIBE as a leading Insurance and Reinsurance business in the London market.”
Mr Gressier is an industry veteran who served as CEO of AXIS Insurance from 2002 to 2014 and subsequently served as COO of AXIS Capital Holdings. He previously held senior positions at ACE Group and Charman Underwriting Agency.
Mr England held a variety of underwriting and executive leadership roles at AXIS over the past 12 years. He was most recently Chief Underwriting Officer of the International Division of AXIS, and Board member of AXIS Specialty Europe SE and AXIS Managing Agency Ltd. Prior to joining AXIS Mr England spent 14 years with ACE Group.
Mr England said, “I am very grateful to the Board for this opportunity and look forward to working with the VIBE team and our investors.”
The Board further announces that Dinah Gately has resigned from her position as Chief Executive Officer of VIBE and has also resigned from the Board of VIBE. Ms Gately will remain with the company into 2019 to assist in facilitating a smooth transition to Mr England, who succeeds her as the CEO of VIBE.
Ms Gately said, “Having achieved the formation of the live Managing Agency and Syndicate within the Group presents good opportunity for me to hand over the running of the Syndicate to new management and to help with the transition to a new CEO.”
Commenting on Ms Gately’s departure, Non-Executive Chairman of VIBE, Tim Leggett, stated “The Board expresses its appreciation to Dinah for her service over the past 11 years as a founder and one of the main employees during the Group’s development. We wish Dinah success in her future endeavours.”