William Wood joins Artex as director, captive and commercial for their Bermudian operations.
He joins the office’s senior management team in this newly created role.
He will be responsible for leading the Bermuda captive and commercial (re)insurance management operations. This includes supervising a team of managers and account executives charged with management oversight of a portfolio of complex captive and commercial (re)insurance clients. Wood will also be responsible for related financial, regulatory, and administrative work, as well as new business development.
Wood has more than 25 years of experience in the Bermuda (re)insurance market and extensive financial management and analytical expertise.
Recently, Wood was president and CEO of CT Insurance Management (Bermuda) Ltd., part of Charles Taylor, where he oversaw the delivery of management and consulting services to the company’s insurance, reinsurance, captive, and segregated cell clients.
He began his career as an accountant in London, before moving to Bermuda and focusing on the captive management field. He has also served as treasurer and controller at Nissan Global Reinsurance Ltd., vice president – corporate development for XL Capital Ltd., and vice president for Centre Solutions (Bermuda) Ltd.
Scott Cobon, managing director, Bermuda, Artex commented: “We are thrilled to have William [Wood] join our team.”
He continued: “It is an exciting time for Artex. Due to our acquisition of Horseshoe last year, our presence on the island has grown. We created this new role to better manage our captive and commercial business and Wood is a great fit.”
Nick Heys, CEO of Artex International said: “Wood’s expertise, professionalism and long-standing history within the captive and (re)insurance fields are well-known on the island.”
“I’m confident that his addition to the team will keep us poised for continued growth and expansion,” Heys added.