Posted on 11 Mar 2010
Chartis has today announced Alexander Baugh will assume the newly created position of President and CEO of Chartis Europe Holdings Limited, which currently includes the following companies, Chartis Insurance UK Limited, Chartis Insurance Ireland Limited and Chartis Europe SA.
In this new role Mr. Baugh will oversee the regional operations of Chartis in the UK and Ireland, Continental Europe, and the other EU countries currently part of Chartis’ Central Europe region. This will facilitate a pan-European solution for the preparation of Solvency II.
James Shea, currently Regional President for Chartis CECIS, will become Managing Director of Chartis U.K and will be responsible for the operation within the United Kingdom.
Julio Portalatin, currently Regional President for Chartis Europe SA, will be taking up the new role of President of the Emerging Markets Region – Chartis’ international operations in Latin America, the Middle East, Africa, South Asia, and the Commonwealth of Independent States (CIS) including Russia, Turkey, and other Central European countries who are not members of the European Union.
These appointments will take effect shortly subject to all necessary legal and regulatory requirements being completed. The new structure will not impact day to day contact with clients and brokers.