ERS, the largest specialist motor insurance syndicate in Lloyd’s of London, has today announced changes to its Executive team with changes to the organisation’s CFO, CRO and Claims Director roles.
Ryan Warren moves from CRO to CFO, subject to regulatory approval following a decision by Katie Wade to spend some time out of the corporate world.
Henry Johnson formerly Chief Actuary at Lloyd’s, will join ERS as CRO subject to regulatory approval.
Peter Smith has returned to the company as Claims Director after spending 12 months away from the commercial world. Peter, who initially joined ERS in 2008, will report to ERS CEO, Ian Parker. Peter’s return to the organisation will see him oversee ERS’ Claims and Counter Fraud teams and become a director of ERS SML, the managing agent of Syndicate 218 at Lloyd’s. He replaces Gary Barker who has joined the AA as Claims Director.
Ian Parker commented: “I’m thrilled that Ryan is to continue to develop and contribute to ERS in the CFO role. Of course, it will be strange not to have Katie alongside me as she has been through the last 6 years as we transformed and turned around ERS. Once she has finished travelling I expect she will quickly return to the market and I look forward to hearing about her next opportunity.
I am also excited about working once again with Henry Johnson, although this time as a colleague. When Henry was at Lloyd’s, I always had a tremendous amount of respect for his knowledge and experience and he will be able to bring both of those attributes to ERS. For Henry to come out of retirement speaks volumes about his assessment of ERS’ prospects and the role he can play as part of the Executive Team to bring our plans to fruition.
Lastly, I’m delighted that Peter has agreed to re-join the ERS Executive team to lead our Claims and Counter Fraud functions. The world-class claims function we have today is down to Peter, the team he created, and the work they completed. Peter re-joins now we are in “run mode”, but there’s still so much more to be done. I can’t think of a better person to continue to drive our performance and respond to the dynamic changes the market has to continually deal with.”
