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6 June 2022Insurance

Re/insurer IQUW plucks Nephila Capital reinsurance guru for CFO post

Property and specialty re/insurer  IQUW plucked a reinsurance leader from Nephila Capital to manage its group balance sheet and lead its bean-counting as it continues a string of hires for its Bermuda unit.

Helen Thornton (pictured) becomes CFO for the  IQUW Re Bermuda unit and Group Head of Finance to follow an 11-year post as co-head of reinsurance and chief operations officer at ILS- leader Nephila Capital.

The appointments follow the recent hire of Rene Lamer, who joined the firm’s Bermuda unit as Managing Director for Underwriting and Operations, and Stephen Young, who joined the firm as Head of Reinsurance and CEO of  IQUW's Bermuda platform.

IQUW's head of reinsurance and CEO of Bermuda, Stephen Young, said: “As we build out  IQUW's Reinsurance platform, we will continue to recruit a high-quality team with broad skills that can be leveraged across the Group. Helen joins us with a wealth of reinsurance, finance and operations experience that she can bring to bear across the organisation as we continue to build a profitable, diversified reinsurance portfolio”.

Thornton said: “I am delighted to join  IQUW to continue the build out its Bermuda operation alongside Rene, Stephen and Vanessa.  IQUW has already begun to deliver on it’s potential to become a successful (re)insurance firm with a clear growth vision. I’m thrilled to be joining the team.

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