Current UK CEO Lex Baugh handed bigger role
Chartis UK chief executive Lex Baugh has been appointed to the new role of president and chief executive of Chartis Europe Holdings, which includes Chartis Insurance UK, Chartis Insurance Ireland and Chartis Europe SA.
James Shea, currently regional president for Chartis CECIS, will become managing director of Chartis UK and will be responsible for the operation within the United Kingdom.
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.
Chartis said the move will facilitate a pan-European solution for the preparation of Solvency II.
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.
Chartis said the appointments will take effect shortly, adding "the new structure will not impact day to day contact with clients and brokers."