CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, announced the appointment of Nick Pritchard as interim chief underwriting officer with immediate effect, following the decision by Gregory Roberts to leave Conduit and return to the United Kingdom for personal reasons.
This announcement comes on the heels of another major departure in March when Conduit Re’s Chief Executive Officer Trevor Carvey decided to step down and retire, effective April 11.
Neil Eckert, executive chairman, has assumed the responsibilities of interim chief executive officer with immediate effect.
“We have an extremely talented underwriting team, and the appointment of Nick Pritchard reflects his considerable experience, leadership and underwriting vision for the future of Conduit Re,” commented Eckert, in a statement.
“The Board of Directors thanks Gregory for his contribution to Conduit Re since the business was launched in 2020 and wishes him well in his future endeavours,” he added.
Pritchard joined Conduit in September 2024 and has more than 20 years of industry experience in the Bermuda and London markets, with a background in leading underwriting teams and structuring portfolios of risk and retrocessional programs.
Before joining Conduit, Pritchard most recently served as managing director at Aon Bermuda. Prior to this, he was responsible for the property catastrophe portfolio at Vantage Risk, following roles earlier in his career at Validus Re and Neon.
Pritchard’s appointment is subject to Bermuda immigration approval.
Source: CHL
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