IGI appoints Stav Tsielepis as Chief Risk Officer
Authored by IGI
International General Insurance Holdings Ltd. has announced the appointment of Stav Tsielepis as Chief Risk Officer of the IGI group.
Based in the Company’s London office, Mr. Tsielepis will work with the executive team with responsibility for administering IGI’s risk management framework including the exposure management and capital modelling functions across the group. He will report to Andreas Loucaides, Chief Executive Officer of IGI UK.
Mr. Tsielepis, who has 18 years’ industry experience, joins from Arch Capital Group’s London-based subsidiary Arch Insurance International, where he was Chief Risk Officer with responsibility for key projects such as implementing Brexit plans and working closely with regulators, including the Central Bank of Ireland. During his tenure, he was a Board member of Arch Underwriting at Lloyd’s Australia. Prior to his time at Arch, Mr. Tsielepis was an Actuarial Consultant for Towers Watson Ltd.
"With nearly two decades of experience, Stav joins us in a key senior management role at IGI, bringing a hands-on approach to international risk management and will help us continue to expand and execute our strategic objectives,” said Mr. Loucaides.
“I am excited to be joining IGI,” said Mr. Tsielepis. “I look forward to working with IGI’s executive team to ensure that we stay on top of the ever-evolving and diverse global risk landscape.”
Established in 2001, International General Insurance (IGI) is a global privately-owned specialist commercial insurer and reinsurer. Our vision is to be the company of choice for clients and brokers through market-leading service and our reputation for stable management and capital security.
A diverse and highly experienced team of underwriters operates our office in London. We also have offices in Dubai, Amman, Casablanca and Kuala Lumpur.
Our diverse portfolio of specialty lines includes Energy, Property, Construction & Engineering, Ports & Terminals, Financial Institutions, Aviation, Professional Indemnity, Political Violence, Legal Expenses, D&O, Casualty, Forestry and Treaty Reinsurance.
Standard and Poor’s upgraded our financial strength rating to “A- “, with a Stable outlook. A.M. Best rated the company A- (Excellent), with a Positive outlook, stating, “the revised outlook reflects IGI’s consistent record of very strong operating performance and the continuous improvement in its enterprise risk management framework.”
We take pride in providing proactive claims management, coupled with open communication, leading to the efficient handling of claims. We endeavour to act fairly and honourably in our relations with clients and brokers.
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