In February of this year it was announced by AmWINS Group Inc. that Matthew Crane (pictured) would succeed Frank Murphy as CEO of THB Group (THB) and president of the international division of AmWINS, and yesterday THB welcomed Crane to these positions.
Read more: Matthew Crane announced as THB Group CEO
An ACII-qualified Chartered Insurer and a Chartered Director (CDir FloD), Crane is an insurance industry veteran who has held several senior management positions including at QBE Insurance Group, where he served most recently as executive director, market management, where he was responsible for sales, distribution, client management, and risk management for all QBE Europe insurance activities.
“In my prior role, I was always impressed with THB and AmWINS’ focus on building great business over short-term gains,” Crane said. “I am proud to be joining the AmWINS family and the THB leadership team and feel fortunate to be part of this entrepreneurial firm with such enormous potential for a long-term successful future.”
Crane is succeeding Murphy who had served as CEO of THB Group since 2009, and who is transitioning to a new role as senior strategic advisor to AmWINS, while remaining on the AmWINS executive committee. Murphy said it is a testament to the robust nature of THB and AmWINS that despite the global crisis caused by the coronavirus outbreak, they have not just continued business as usual but are also driving forward their future expansion plans at this time.
“I am delighted to welcome Matt,” Murphy said, “and, having had the privilege of leading our London and International operations for 11 years, I look forward to my new role and to supporting Matt as he takes the business to the next level.”
As AmWINS’ specialist international (re)insurance broking and risk management firm, THB serves clients and markets through a global platform of owned offices, network partnerships and local expertise.
Since its partnership with AmWINS in 2012, THB has doubled its annual premium placed to more than $2 billion and is now the largest independent wholesale broker in the London market. Commenting on this growth, CEO of AmWINS, Scott M. Purviance, said that he is proud that THB has the resources, drive and financial strength to continue this expansion. He believes that Crane is the ideal candidate to lead THB and AmWINS’ international division and will continue this growth journey.
