Apollo taps veteran insurance executive to support growth in Bermuda

Specialist re/insurer  Apollo Group Holding has appointed a veteran insurance executive with over 25 years of experience across markets in London, New York and Bermuda to support its growth ambitions on the island.

Susan Pateras (pictured) has been appointed independent non-executive chair of  Apollo Bermuda, the group’s recently established Bermudian subsidiary.

Apollo said Pateras has in-depth knowledge and a strong track record of executive and start-up leadership, building underwriting portfolios, distribution models and enhancing operational strategies and leading digital transformations.

Most recently she was interim CEO and currently serves as deputy chair of the Bermuda Business Development Agency (BDA). Pateras was previously chief operating officer and head of healthcare underwriting at Liberty Mutual Bermuda (formerly Ironshore) where she joined in 2013. She was featured in 2020 “Women in Hamilton – Leading The Way”, Bermuda Re: ILS Magazine.

David Ibeson,  Apollo Group CEO, said: “I am very pleased to welcome Susan to the  Apollo Bermuda Limited board. It is an exciting part of our continued expansion, and Susan’s history in Bermuda puts her in a perfect position to support our growth aspirations on the island.

“Her appointment further establishes our experienced and growing team, recently bolstered by the appointment of Taryn McHarg as group chief financial officer. We are looking forward to exploring the many opportunities that Bermuda holds for our team and our investors.”

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