Mark Ricciardelli, chief executive of Alea Group Holdings, which is in runoff, has resigned.

Ricciardelli is to leave the company at the end of August to "pursue other interests", the company said.

He will be replaced by Mark Cloutier, who most recently was president and CEO of Overseas Partners Re.

In addition, Kirk Lusk, chief operating officer and chief financial officer, and Mark Cloutier have been named executive directors of Alea, effective 1 September.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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