Advantage Insurance Holdings has made a number of key changes to its executive faculty including Walter Keenan being named president and CEO of the firm.
Keenan has served as a consultant to Advantage since July 2012. From 2006 to 2011, he was director and then executive chairman of Medicus Insurance Holdings.
In addition, company founder Ian Kilpatrick has been appointed as vice chair of Advantage’s board of directors. He will also continue to manage the firm’s US subsidiaries.
Fiona Moseley, executive vice president of Advantage, has been named COO and will continue to have responsibility for the firm’s Cayman Islands business.
Finally Simon Kilpatrick was named as senior vice president of business insurance and Stuart Jessop has taken on the additional management responsibilities in addition to his duties as chief financial officer.
Kilpatrick said: “We are all very pleased to have Keenan join Advantage to lead its ambitious growth plan. I am confident than Keenan’s leadership will be of great help to Moseley and the Advantage team in achieving our goal of becoming the premier company in private placement life insurance and captive management services.”
Commenting on his new appointment, Keenan said: “I am honoured that [Advantage] have asked me to become CEO, and I look forward to helping Advantage capitalise on the exciting growth opportunities we have identified over the past year.”
