Specialist (re)insurer Apollo Syndicate Management has tapped James Slaughter (pictured) as incoming group chief underwriting officer to succeed Nick Burkinshaw.
Coming onboard Apollo on April 06, Slaughter brings more than 23 years of insurance industry experience to the post being vacated by Burkinshaw, who is retiring following what was described as a “long and distinguished” career.
“Apollo is now in an excellent place to begin the next phase of our strategic growth,” said group chief executive David Ibeson. “For this, I would like to thank Nick, who has performed an exemplary role in driving our market-beating underwriting improvement over recent years. I wish him all the best in his retirement.”
Burkinshaw’s successor will lead Apollo’s underwriting teams, with a particular focus on the opportunities that data science and digital transformation bring to the Lloyd’s market. Until June 2020, Slaughter served as CUO of the Global Risks Solutions business unit at Liberty Mutual.
Commenting on his appointment, the Chartered Insurance Institute Fellow stated: “I am very pleased to be joining Apollo and excited to be working closely with David and the team.
“Apollo is well positioned to grow profitably in the coming years as it capitalises on favourable market conditions. I am therefore looking forward to contributing to Apollo’s innovative and expansive strategy as it enters the next stage of its growth.”
Meanwhile, Ibeson went on to call the key hire a “recognised market leader” who will be instrumental in driving Apollo’s future underwriting capability and innovation efforts.
“We are building partnerships, expanding our premium income, and focussing on delivering exceptional returns, and I would like to welcome James to the team to consolidate these efforts and take our innovation agenda further,” said the CEO.
