Richard Lightowler, managing director and head of insurance at KPMG in Bermuda, is retiring at the end of the year.
The firm’s current head of head of advisory, Mike Morrison, will take over from Lightowler on 1 October.
Lightowler joined KPMG 1993, became a partner in 1998, and rose to lead the firm’s insurance practice in 2003.
During his time at KPMG, Lightowler became a member of Bermuda’s insurance advisory committee and played a significant role in assisting the Bermuda Monetary Authority in achieving Solvency II equivalence.
KPMG Bermuda chairman Neil Patterson commented: “Lightowler has been an outstanding leader of our insurance practice during which time he has successfully acted as the lead partner on many of our largest and most complex clients, including SEC registrants and UK-listed entities, as well as providing a wide variety of advisory services across the sector.”