Chaucer, the global specialty re/insurance firm has bolstered it’s leadership team, with the appointments of James Wright, the company’s current Chief Risk Officer (CRO), who has been named the firm’s new Chief Financial Officer (CFO), and Werner Joubert, who has been promoted to the role of CRO.
Both these appointments follow on shortly after the firm named Richard Milner as its new Group Chief Executive Officer (CEO), which Reinsurance News reported in January.
Wright joined the company in 2006 as a graduate working on capital model development. His career of eighteen years at Chaucer includes five years serving as Head of Capital Modelling and four years serving as CRO, including previous stints working with Pricing and Reserving.
Paul Jardine, Chairman of Chaucer, commented: “It’s a great pleasure to see James continue a very successful career with our group. Chaucer has always invested in internal talent development as a priority, and James’ successes serve as testament to this. I am excited to see him continue his trajectory at Chaucer in the role of Chief Financial Officer.”
Meanwhile, Joubert joined the business in 2016 and has served as the Head of Capital Modelling since 2020 where he developed Chaucer’s risk modelling capabilities to support the strong growth in the business over the last four years.
Before he joined the organisation, Joubert spent four years at accounting firm Ernst & Young (EY) and two years at Aon Consulting, where he specialised in actuarial services, mapping and evaluating the financial impact of risk.
Jardine added: “Congratulations to Werner, whose promotion is another reflection of the exceptional talent within our firm. He has been a valued leader at Chaucer for eight years and his strong track record in risk modelling will be of great value as he now assumes a vital strategic role within Chaucer.”
Richard Milner, Group CEO of Chaucer, said: “Chaucer has an excellent reputation for the experience and expertise of its talented people, as evidenced by James and Werner’s deserved promotions. I’m looking forward to guiding Chaucer as it continues to develop its position as a leading global underwriting group.”
Lastly, it has been confirmed that Rob Callan, Chaucer’s interim CEO and CFO, will stay on in the short term to ensure a smooth transition before his planned retirement.
