New CEO assumes post at Chaucer – other leadership changes made

Two moving up while departing leader ensures smooth transition

New CEO assumes post at Chaucer – other leadership changes made

Insurance News

By Terry Gangcuangco

Chaucer Group has announced further C-suite changes following the arrival of new group chief executive Richard Milner.

Making the switch from Aspen, Milner took over from Rob Callan, who is retiring but will remain in the short term to ensure a smooth transition at the (re)insurance group. Callan became interim CEO last July while continuing to serve as chief financial officer – a position he held from December 2015.

James Wright, who has been with Chaucer for 18 years – four of which he spent as chief risk officer – is now the company’s CFO. Werner Joubert, who came on board in 2016 before assuming the role of capital modeling head in 2020, succeeded Wright as CRO.

Commenting on the leadership changes, Milner said in a release: “Chaucer has an excellent reputation for the experience and expertise of its talented people, as evidenced by James and Werner’s deserved promotions. I’m looking forward to guiding Chaucer as it continues to develop its position as a leading global underwriting group.”

In a separate LinkedIn post, the new CEO shared: “I am excited about the opportunities ahead and the chance to be part of something special.”

Meanwhile Chaucer chair Paul Jardine – who cited Milner’s “tremendous leadership skills, strong underwriting background, and deep understanding of international markets” when the CEO appointment was announced in January – congratulated the internal hires.

“It’s a great pleasure to see James continue a very successful career with our group,” Jardine said. “Chaucer has always invested in internal talent development as a priority, and James’ successes serve as testament to this. I am excited to see him continue his trajectory at Chaucer in the role of chief financial officer.

“Congratulations to Werner, whose promotion is another reflection of the exceptional talent within our firm. He has been a valued leader at Chaucer for eight years, and his strong track record in risk modeling will be of great value as he now assumes a vital strategic role within Chaucer.”   

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