– BERMUDA, Hamilton – Lancashire Holdings Limited (LON: LRE) announced the appointments of Nathalie Rachou and Bob Cox to its Board as Non-Executive Directors, effective respectively on 5 November 2024 and on 1 January 2025.
Philip Broadley, Board Chair, said: “The Board is delighted to welcome both Nathalie and Bob as directors. These are important appointments in our long term succession planning for the business. Nathalie’s knowledge of asset management and the operation of international capital markets will further enrich our Board’s skills. In addition to her expertise as a chief executive, entrepreneur and business founder, she has extensive experience of governance as a director on several boards operating on both the UK and other international listed markets. Bob brings invaluable US and international insurance market experience with first-hand knowledge as a senior manager and underwriter. In particular his expertise will help the Board in the development of the Group’s casualty reinsurance and insurance lines and in supporting the Group’s newly established US platform, which commenced underwriting earlier in 2024.”
The company also announced that Rob Lusardi and Michael Dawson have decided not to submit themselves for re-election and to step down as Directors at the 2025 AGM on the 30th April 2025.
About Nathalie Rachou
Nathalie Rachou has strong asset management and capital markets experience, with commercial and financial expertise across several sectors including as a senior manager and entrepreneur. She holds directorships on the boards of UBS Group AG and Euronext NV. She has previously served on the boards of Veolia Environnement, Laird Group plc, Altran SA, and Société Générale.
Nathalie Rachou worked at Banque Indosuez and Crédit Agricole Indosuez from 1978 until 1999, where she gained experience in several senior roles. In 1999, she founded Topiary Finance Ltd, an asset management company based in London, serving as CEO until its merger with Rouvier Associés in 2015. She served as a senior advisor at Rouvier Associés-Clartan until 2020.
About Bob Cox
Bob Cox is an experienced insurance underwriter and senior manager with experience in the US and international insurance markets. He joined Markel in 2018 as President and COO of Insurance Operations and stepped down from that role in December 2023. During his tenure, he oversaw Markel’s global insurance operations, including its specialty and international divisions.
Prior to joining Markel, Bob Cox served in a number of leadership positions within Chubb Specialty Insurance, including roles as CUO and later as COO. Earlier in his career at Chubb he specialised as an underwriter in directors and officers and errors and omissions lines. He has extensive experience in insuring financial institutions and in US and international casualty lines.
About Lancashire
Lancashire, through its operating subsidiaries, is a provider of global specialty insurance and reinsurance products.
Lancashire’s common shares trade in the equity shares (commercial companies) category of the Main Market of the London Stock Exchange under the ticker symbol LRE. Lancashire has its head office and registered office at Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda.
The Bermuda Monetary Authority is the Group Supervisor of the Lancashire Group.
For more: https://www.lancashiregroup.com/
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