CEO of major insurer leaves after six months

After just six month of service, a CEO of a prominent carrier has left the company without explanation.

CEO of major insurer leaves after six months

Insurance News


Cooper Gay Swett & Crawford Ltd. seems to have a very high turnover rate for its chief operating officer. Just six months after being named to the post of CEO, Ron Carlier has left the global insurer without explanation.

This marks the second time a Cooper Gay CEO has left the company. Sam Hovey, the group’s previous top officer, resigned, the company confirmed in a Nov. 18 statement.

Carlier was named to the post in May, having spent time outside of the insurance industry after stints at Minet Re and RK Carvill. Carlier left RK Carvill in 2005 and spent three years as a board member of sustainable forestry company Forest Fire before returning to insurance with Cooper Gay.

The company said nothing about the motives behind Carlier’s departure, and only confirmed that he had left.

“CGSC can confirm that Ron Carlier has left Cooper Gay Re,” a spokesman for the company said. “We remain committed to our US reinsurance business and to be developing our strategy in the region.”

The company did hint at future news, however, saying: “We will be making further announcements shortly.”

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