Andrew Provider, MS AUL chief underwriting officer, is about to exchange Slabbert as CEO of the enterprise when the latter strikes to MSI USA.
Slabbert initially joined MS AUL as non-executive director and chair of the board in Could 2020, occurring to step into the CEO position later that yr.
He has greater than 20 years of insurance coverage senior management expertise, having beforehand held roles at AIG, Chaucer, and Augustus Specialty. He has been with the MSI group since 2017, initially as chairman of Mitsui Sumitomo Insurance coverage Firm (Europe).
“Johan’s important expertise and data of the US (re)insurance coverage business alongside along with his intensive worldwide contacts will assist speed up our plans to be the (re)insurer of alternative for home US dangers,” mentioned Tamaki Kawate, director, head of worldwide enterprise of Mitsui Sumitomo Insurance coverage Firm.
MSI USA purchased Transverse Insurance coverage Group earlier this yr, with Slabbert’s appointment anticipated to herald US growth and mark the corporate’s plans for “speedy worldwide enterprise growth and progress”, the corporate mentioned.
“With our current acquisition of Transverse, alongside our different US firms, we are going to below Johan’s management, unlock the total potential of our companies, collaborating each with head workplace groups in Japan in addition to rising companies right here within the US, to additional improve our differentiated proposition, and see MSI taking a number one place in all distribution and placement channels,” mentioned Kawate.
Provider, additionally anticipated to start out on January 1, has served as MS AUL CUO for 2 years, with the corporate having mentioned he performed a key position in “serving to [the business] return to profitability”.
Provider spent six years at Everest Re previous to becoming a member of the insurer and has additionally served as group CUO at Argo and spent greater than 20 years at Kiln.
“I’m assured that Andrew will proceed with the nice work that he, alongside the broader govt crew, is doing to modernise and future proof the enterprise,” mentioned Shinichiro Funabiki, CEO at Mitsui Sumitomo Insurance coverage Firm.
“We stay absolutely dedicated to supporting MS AUL because the momentum builds behind its long-term progress technique and its goal to turn into a number one Lloyd’s syndicate with a sustainable future.”