This week’s insurance leadership appointments include a key executive addition at specialist insurer CFC and a leadership change at Bermuda-based legacy insurer Carrick Group. CFC is strengthening its executive team across people, technology and operations, while Carrick Group has appointed a new chief operating officer to support its growing pipeline of legacy transactions.
CFC Appoints Debbie Griffin as Chief People Officer
CFC has appointed Debbie Griffin (pictured, left) as its new chief people officer. She joins the specialist insurer from Shawbrook, where she previously held the same position. Griffin brings more than 25 years of senior people leadership experience across international financial services, having held roles at Société Générale, Rabobank, Commerzbank and JP Morgan.
Her appointment follows several other senior leadership changes at CFC. The company recently appointed Chris Loake as chief information officer, bringing him from Hiscox, where he served as group chief information officer. CFC has also confirmed Louisa Doswell permanently as chief operations and transformation officer. Before joining CFC, Doswell was chief executive of Pinnacle Pet Group and held several senior positions at RSA, including chief operating officer for its UK and international business.
CFC has also been active this autumn, updating its cyber policy to include executive protection and affirmative AI cover, alongside publishing global research into SME cyber risks. Its recent appointments across people, technology and operations indicate a continued focus on strengthening its leadership capabilities and supporting future growth. These developments are particularly relevant to brokers who rely on CFC’s digital trading platforms.
Carrick Group Appoints Alex Smith as Chief Operating Officer
Bermuda-based international non-life legacy insurer Carrick Group has appointed Alex Smith (pictured, right) as its new chief operating officer. He succeeds Phil Hernon, who has been with the company since its establishment in 2019 and has previously held both chief operating officer and chief commercial officer responsibilities. Hernon will now concentrate exclusively on his commercial role.
Legacy insurers acquire closed books and run-off portfolios, allowing other insurers to release capital and focus on their active business operations. Carrick Group’s growing transaction pipeline reflects continued demand from insurers looking to transfer legacy liabilities. This development is likely to attract attention from brokers and advisers involved in run-off transactions and capital management.
