Conduit Holdings to install new chief underwriting officer

Post currently held by CEO

Conduit Holdings to install new chief underwriting officer

Insurance News

By Terry Gangcuangco

Greg Roberts will be joining the executive committee at Conduit Holdings next month in his new capacity as group chief underwriting officer. Currently the CUO post is held by group chief executive Trevor Carvey, whose sole focus will be leading the Bermuda-based business.

“It was always our intention to split the roles of CEO and CUO to allow Trevor to concentrate on his role as CEO and the strategic development of the group,” stated group executive chair Neil Eckert. “Under Trevor’s leadership, we are now through the initial foundational phase of building out both our underwriting team and portfolio.

“During that process, Greg has emerged as the outstanding candidate to assume the mantle of CUO, and we feel that now is the right time to promote Greg into this key role.”

In charge of property underwriting, Roberts came onboard the group prior to its initial public offering in 2020. His credentials include 18 years spent at MS Amlin. At Am Trust Re, he set up and ran the property reinsurance division until the sale of Syndicate 1861.

“Greg has shown great ability and leadership right from our pre-IPO planning stages through to establishing a solid presence in the market throughout our first year of trading,” noted Carvey. “He has been instrumental in putting in place so many of the essential building blocks around Conduit’s underwriting, systems, and team building.

“Greg has excellent commercial awareness, an acute sense of the underlying insurance dynamics, and an in-depth understanding of the reinsurance marketplace in general. Transferring the CUO responsibilities to Greg is a natural progression, enabling me to concentrate on my role as group CEO as we scale our business and grow strategically for the future.”

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