CNA Hardy has announced the appointment of Raphael Borrel to the role of Director of Risks. Raphael is responsible for developing the risk strategy and framework, and providing leadership to the Risk function. Raphael is based in London and reports to Carl Kearney, Chief Actuary and Risk Officer.
Raphael Borrel joins CNA Hardy from AXA XL where he was the Chief Risk Officer of XL Catlin Services Company.
He has 25 years’ experience in risk management and compliance and previously served tenures at Big 4 consultancy firms, global insurers and banks where he provided mergers and acquisitions support and led large scale risk and regulatory transformations.
Carl Kearney commented: “Effective management of risk and volatility is central to CNA Hardy’s growth and strategic ambitions. We are delighted to have someone of Raphael’s seniority and breadth of experience join our organisation to help us drive our risk management proposition and future success.”