AmWINS GroupInc. announced that Matthew Crane will succeed Frank Murphy asCEO of THB Group and president of the international division ofAmWINS, effective once Crane's existing contractual terms are metlater this year.
|Murphy, who has served as CEO of THB since 2009 and president ofthe international divisions of AmWINS since 2012, will transitioninto a new role as senior strategic advisor to AmWINS and remain onthe AmWINS executive committee.
|"I feel privileged to have led our London and internationaloperations," Murphy said in a statement. "AmWINS/THB iswell-positioned to take advantage of a changing industry, and Ibelieve that Matt and our leadership team will take our business tothe next level. I am looking forward to my new role and tosupporting Matt."
|'Planning for succession'
In his new role, Crane will oversee a global platform thatrepresents more than $2 billion in premium placed and continue todrive the company's current international strategy. He will reportto Scott Purviance, the CEO of AmWINS Group Inc.
|"I am delighted to be joining the AmWINS family and the THBleadership team," Crane said in a statement. "The scale of AmWINS,coupled with the entrepreneurial spirit of the company, is acombination that cannot be replicated anywhere in the market."
|Crane has held a number of senior management positions at QBEInsurance Group PLC and most recently served as executive director,market management for QBE. He began his career at Ensign Syndicate980 serving in a variety of roles, including deputyunderwriter.
|"At AmWINS, we are building a long-term, independent business,and we talk frequently about our goal of building a '150-year'firm. In doing that and thinking long-term, we are always planningfor succession of key leadership roles," says Purviance.
|Related:
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