Pool Re appoints chief strategy, communications officer

Pool Re, a UK mutual commercial reinsurer whose members include insurers and Lloyd’s syndicates, has appointed Tracey Paul to the newly-created role of chief strategy and communications officer.

Paul takes up the new executive position with immediate effect and will report to CEO Julian Enoizi.

Paul joins from the Ministry of Housing and Local Government where she served as the head of stakeholders and communication for the Grenfell Tower Building Safety Programme. Prior to this, Paul served as chief of staff for Dame Louise Casey on the review of community cohesion and extremism. Earlier in her career, she held a series of senior roles in the Labour Party, most notably running the strategic communications division during several general election campaigns and regularly briefing senior politicians.

Pool Re was formed in 1993 by the insurance industry in cooperation with the UK government in the wake of the IRA bombing campaign on the UK mainland. Ceding terrorism risk to Pool Re affords member insurers a guarantee ensuring that they can provide cover for losses resulting from acts of terrorism, regardless of the scale of the claims.

“We’ve been constantly innovating at Pool Re, trying to keep ahead of the evolving terrorist threat,” Enoizi said. “However, challenges remain: awareness of the terrorism threat and insurance penetration remain low, particularly among SMEs (small and medium-sized enterprises) and outside cities or big towns. To overcome this, we need a clear, long-term strategy and productive engagement with all of our stakeholders. Tracey will be instrumental in this. She joins with an exceptional track record of developing and articulating strategies in order to find common ground across a broad range of stakeholders.”

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