Victor hires ex-RSA Turner for international head of marine role
Managing general underwriter (MGU) Victor Insurance has hired IUMI president Richard Turner as international head of marine.
Turner will remain in his role as president of the International Union of Marine Insurance (IUMI), of which he is the first British president in its 146-year history.
He has previously held multiple senior roles at RSA Insurance Group, including CEO of RSA Luxembourg, director of Global Risk Solutions Europe, and global marine director.
In his newly created role, Turner will be responsible for driving Victor’s international marine business with a specific focus on innovative, data- and analytics-driven insurance products and solutions.
Based in London, Turner will report to Anthony Stevens, president of Victor International.
Stevens said: “Richard is a proven global leader with deep underwriting and commercial experience across multiple classes of business. He brings an acumen in how technology, data and analytics can transform insurance and risk management, and I expect he will deliver value to Victor’s clients in the marine and cargo industry.”
Turner added: “The increased use of data and further digtalisation have the capability to be catalysts for tremendous change in the management of risk in the marine industry. During my time as President of IUMI, I have been articulating the opportunities available to firms around the world to address increased risk challenges through the greater use of technology. I am glad to be joining Victor Insurance, a company at the forefront of this innovative thinking, at such a crucial time for the industry. I look forward to working with them to further develop our marine insurance offering across the group.”
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