The new appointee will help ‘identify and capitalise on commercial and investment opportunities,’ a statement said

Specialist reinsurance MGA Connect Underwriting has appointed Ahsan Abdul Majid as the chief commercial officer of its newly launched holding company.

ConnectUW Holdings was set up to manage the group’s investment strategy, including capital raising while leveraging strategic opportunities and initiatives.

It has been established as a parent company for the group’s expanding insurance entities in the London market, Connect said.

As chief commercial officer, Majid will work alongside the group’s chairman and chief executive Jamil Elbahou.

Together they will “identify and capitalise on commercial and investment opportunities, as well as having a broad business development role for the group in the international markets,” a statement said.

‘Exciting time’

Majid previously worked as executive vice president for Gallagher, where he focused on reinsurance and international business.

He also worked as regional director at Crescent Global between 2006 and 2017.

Majid said: “I am delighted to join the group at this very exciting time as ConnectUW Holdings enters the next phase of its development and to rejoin a leadership team that I have known and respected for many years.”

Elbahou added: “Having previously worked with Ahsan, I am extremely pleased to welcome him back to the team.

“I look forward to working with him to identify new opportunities for the group as we continue to grow the business in the London market and overseas.”