Flood Re has appointed Michael Bartholomeusz as chief risk officer.
Bartholomeusz is responsible for overseeing, coordinating and facilitating the scheme’s risk management framework as well as leading the governance of risk management practices across the organisation.
Bartholomeusz, who is a member of Flood Re’s executive committee, will report to Brendan McCafferty, CEO of Flood Re.
In his new role, he will play a key part in establishing the scheme, which will provide access to affordable flood insurance for homes at risk of flooding.
He brings with him 30 years of experience in insurance, lending and risk consulting, having served at organisations including AIG, Prudential, KPMG and Abbey National.
McCafferty commented: “We are delighted to welcome Bartholomeusz as the chief risk officer of Flood Re. The wealth of experience he will bring to the team, through overseeing and coordinating Flood Re’s risk framework, will be invaluable.”
