MS&AD subsidiary MS Amlin to appoint Simon Beale to succeed Charles Philipps
MS Amlin announced that chief underwriting officer Simon Beale will succeed Charles Philipps as chief executive on 1 April.
With immediate effect Simon Beale will become deputy chief executive, James Illingworth will become chief underwriting officer and Martyn Rodden will become chief risk officer.
Masahiro Matsumoto, director, senior executive officer and head of international operations at parent company Mitsui Sumitomo Insurance Company, said: “Simon Beale has the full support of MSI and the MS&AD Group and I am looking forward to working closely with him to develop MS Amlin as a core component of our international strategy.”
MS Amlin chairman Shonaid Jemmett-Page commented: “We are pleased to have been able to fill these critical roles internally and are confident that, under Simon’s leadership, MS Amlin will maintain its significant status while developing strategically as part of the wider MS&AD Group. As chief executive for nearly 19 years, Charles built MS Amlin from a Lloyd’s syndicate to an impressive international group. We wish him a well-earned and happy retirement.”
MS Amlin was bought by MS&AD in February 2016.