Board & Senior Management

Nick was appointed Chairman of Brit Insurance Holdings BV in May 2011. With a first class degree in Philosophy, Politics and Economics from Balliol College Oxford, he first joined management consultants Bain and Company in 1982, becoming partner in 1988, and subsequently held positions with NFC plc and at private equity company Apax Partners.

Nick joined Lloyd’s of London in 1995 as Head of Strategy and was instrumental in driving forward its Reconstruction & Renewal (R&R) programme. In 1999 he was appointed Chief Executive and under his leadership Lloyd’s underwent significant change to its strategy, supervision and processes. He led Lloyd’s response to the attacks of 9/11 and the Society’s debut on the international capital markets.

Between 2006 and 2009 he was Chief Executive of Prudential UK & Europe responsible for UK Life and Pensions Business where he led a major change programme and repositioning of the business. In 2010 was appointed as a non-executive director of Legal & General plc.

Nick is also Chairman of the Britten-Pears Foundation and a trustee of the Royal Opera House Covent Garden (where he is Chairman of the Finance and Audit Committee), and from January 2012 Chairman of the Governors of the Royal Northern College of Music. He is an Honorary Fellow of the Chartered Insurance Institute.

Jonathan, a British national born in 1962, is managing partner and head of the Financial Institutions Group at CVC, having joined in 1988. He previously worked for Baring Brothers & Co. Ltd. in London in the Corporate Finance Department and Ernst & Whinney in London where he qualified as a chartered accountant. Mr Feuer is currently a director on the boards of CVC Capital Partners Group Sarl, CVC Capital Partners SICAV-FIS S.A., CVC Capital Partners Ltd and Avolon Aerospace Leasing Limited. He holds an MSc Degree in Mathematics, Operational Research, Statistics and Economics from the University of Warwick.

Mr Gerhardt, 55, was appointed to the Board on 23 May 2011. He has has more than 30 years of extensive experience in the reinsurance sector in a range of senior roles with major global reinsurance companies.

Mr Gerhardt started his reinsurance career at Hannover Re, where he spent seven years underwriting treaty businesses for the US and South Africa markets. From 1988 to 2003, he held both underwriting and management functions for Cologne Re Group which merged into General Cologne Re where he finished as Vice-Chairman of the management Board of Cologne Re as well as a member of the General Re group’s Executive Committee. During this period, Mr Gerhardt was also Chairman of Faraday, General Cologne Re’s London operations, and Europa Re. He then joined the AXA Group in 2003 as Chief Executive Officer of AXA Re and in addition served as Chairman of AXA Liabilities Managers (run-off operations).

Mr Gerhardt’s more recent appointment includes Chief Executive Officer of Paris Re, which he created in 2006 with the support of private equity investors to acquire the business and management team of AXA Re. Paris Re was acquired by Partner Re in 2009 and he stepped down in June 2010 after the completion of the merger. Most recently, Mr Gerhardt was nominated as a Non-Executive Director at Brit Insurance Holdings.

Peter joined the Board of Brit Insurance Holdings PLC in 2004. He was appointed to the Board of Brit Insurance Holdings B.V. in December 2009. He is Chairman of the Audit Committee and a member of the Remuneration and Nomination Committees.

He was previously UK managing partner of PricewaterhouseCoopers. He spent his early career at Deloitte Haskins & Sells in their Management Consultancy Division, later advising on competition policy, investment appraisal and strategic planning. He was also involved in founding the Corporate Finance Practice, specialising in privatisation, regulation and mergers and acquisitions.

Peter is chairman of Argent Group PLC, a non-executive director of UK Coal PLC and of Smith & Williamson Holdings Limited. He is a member of the Natural Environment Research Council, a trustee of The Oval Cricket Relief Trust, and was until mid January 2010 a member of the Competition Commission.

Maarten, a Dutch national, holds a master’s degree in economics from the Erasmus university in the Netherlands. He has held various management positions with Citigroup in Europe and Asia and has been chairman of the managing board of NCM (renamed Atradius), Rabobank International and Rodamco Europe (merged into Unibail-Rodamco).

He currently holds a number of senior board positions within a number of major companies, including chairman of the supervisory boards of Credit Europe Bank and Goedland, member of the board of Damen Shipyards Group and a member of the board of HB Reavis.

Mr. Khajuria is a Partner of Apollo Management International LLP which he joined in early 2010. Prior to this, Mr. Khajuria was a Principal at Quadrangle Group LLC.

Mr. Khajuria currently serves on the board of Brit Insurance and on its audit and risk committees. Mr. Khajuria also serves on the board of the holding company of Ascometal SAS. Mr. Khajuria graduated with honours from the University of Cambridge with Bachelor of Arts and Master of Arts degrees in economics, and is a member of Trinity College, Cambridge. Mr. Khajuria has significant experience in making and managing private equity and credit investments and has 15 years’ experience in financing, analyzing and investing in public and private companies.

Gernot, a German national born in 1969, joined Apollo in 2007 after having been a founding partner at Infinity Point LLC, Apollo’s joint venture partner for the financial services industry, since 2005.

Before that time he spent eight years in financial services investment banking at Goldman Sachs & Co in New York. He also worked at McKinsey & Company and B. Metzler Corporate Finance in Frankfurt. He is a director of Athene Re and Countrywide. He graduated from the University of Karlsruhe, Germany, with a joint Master’s Degree in Economics and Engineering and holds an MBA from the MIT Sloan School of Management.

Sanjay, a US national born in 1961, joined Apollo in 2010 as managing partner and head of International Private Equity resident in the London Office. He is also a member of the Senior Management Committee of Apollo.

Sanjay was most recently the co-head of European Private Equity and the co-head of Indian Private Equity at Goldman Sachs PIA. He joined Goldman Sachs as an analyst in New York in 1983 in the M&A department, moved into PIA in 1987 and was promoted up the ranks to managing director. He left Goldman Sachs in 1998 and joined Greenwich Street Capital Partners as a partner, was promoted to President and served six years in that capacity before rejoining PIA as a partner in London in 2005.

He received an engineering degree, magna cum laude, from Harvard and received his MBA from Stanford. He was previously educated at Eton College in the U.K., where he was a King’s Scholar. Mr Patel is a member of the board of Countrywide Holdings Limited.

Peter, a British national born in 1979, is managing director at CVC, having joined in 2007. He previously worked for Advent International and, prior to that, for Goldman Sachs in the Investment Banking Division. He holds an MA Degree from the University of Cambridge and an MBA from INSEAD. He is currently a director on the boards of Avolon Aerospace Limited and Sun Hung Kai & Co Limited.

Kamil, a US national born in 1969, is a partner of CVC and US head of CVC’s Financial Institutions Group. He joined CVC in 2009 having previously worked for DLJ Merchant Banking Partners (“DLJMB”), the private equity fund of Credit Suisse. He joined Donaldson, Lufkin & Jenrette, which was subsequently acquired by Credit Suisse, in 1995. At DLJMB, he served as a partner and member of the management committee; he also was responsible for the firm’s investments in the financial services industry. He was responsible for, among others, DLJMB’s investment in Aspen Insurance Holding, Axis Capital Holdings, Harborpoint Re, Montpelier Re and White Mountains Insurance Group.

He served as a director of Aspen from its formation in 2002 until 2007 and of Montpelier Re from its formation in 2001 to 2006. He currently serves on the board of Avolon Aerospace Limited. He received a B.S. Degree from Georgetown University, an M.B.A. from Columbia Business School and a J.D. from Columbia University School of Law, where he was a Harlan Fiske Stone Scholar. He is chairman of Drive Assist Holdings Limited, Senior Independent Director of Record plc and, a Commissioner of the Guernsey Financial Services Commission.

Willem was appointed to the Board in December 2009. He is an independent counsel on legal, tax and corporate governance issues.

Willem is a member of the supervisory board of AZL N.V., Ermenegildo Zegna International N.V., Goedland N.V., N.V. Luchthaven Schiphol, Stichting Exploitatie Nederlandse Staatsloterij, Stichting Holland Casino and TBI Holdings BV.

He is a member of the supervisory council of Onze Lieve Vrouwe Gasthuis, chairman of Amsterdam City Hospital and chairman of Stichting Diabetes Onderzoek Nederland.

He is a managing director on the board of Michelin Finance BV, chairman of Foundation Preferred Shares WAVIN N.V., vice-chairman of Het Concertgebouw Fonds, a director of Foundation Priority Shares ANTEA Participaties and VEROZ.

He is a board member of Chamber of Commerce Nederland-Israel, a governor of Harvard Law School Association of Europe and a member of the advisory council of the Royal Netherlands Institute of Chartered Accountants.

Mark Cloutier has over 35 years experience working in the International Insurance and Reinsurance sector and holds a number of Non Executive positions and has held a number of CEO and senior executive positions, including CEO of the Alea Group, CEO of Overseas Partner Re and President - E.W. Blanch Insurance Services Inc.

He has worked with a variety of Private Equity investors including Kohlberg Kravis Roberts (KKR) and Fortress.

Mark Cloutier has over 35 years experience working in the International Insurance and Reinsurance sector and holds a number of Non Executive positions and has held a number of CEO and senior executive positions, including CEO of the Alea Group, CEO of Overseas Partner Re and President - E.W. Blanch Insurance Services Inc.

He has worked with a variety of Private Equity investors including Kohlberg Kravis Roberts (KKR) and Fortress.

Malcolm joined Brit Insurance as Chief Operations Officer in September 2009. Prior to this he had worked at XL Capital since 2001.

Malcolm was appointed Chief Operating Officer for XL Insurance in March 2004 responsible for Operations, Information Technology, Human Resources and Internal Communications. In 2006 Malcolm he relinquished his HR responsibilities and was appointed Chief Processing Officer and Executive Vice President, prior to leaving XL to join Brit Insurance he was leading a significant Operational Transformation Programme.

Lorraine joined Brit Insurance as the Group’s HR Director in 2006, she has previously held a number of senior positions in both the Investment Banking and Insurance sector and has a wealth of strategic HR and business experience within the International Financial Services industry. Lorraine also sits as a Director on the Brit Group Services Board.

Baldeep joined Brit Insurance in February 2001 as the Group Chief Actuary. He was appointed as Group Chief Risk Officer in November 2010.

Baldeep holds a BA degree in Mathematics from Oxford University and MSc degrees in Computer Science and Finance from University of London. He is a Fellow of the Institute of Actuaries.  

Matthew is CEO of Brit Global Specialty, Active Underwriter for syndicate 2987 and a member of the Executive Management Committee.

Matthew began his career in Lloyd's in 1988. He joined Brit Insurance in 1999 to start up the International Property Division. He was appointed as CEO of Brit Global Markets in May 2008 which subsequently became Brit Global Specialty in February 2012 combining our reinsurance and global markets divisions to form one Lloyds platform. Matthew was also appointed Active Underwriter for syndicate 2987 in February 2012 and became a member of the Executive Management Committee with effect from January 2009. Matthew is on the Boards of Brit Insurance Ltd, Brit Syndicates Limited, Brit Insurance Gibraltar and Brit Insurance Services USA inc and was appointed to the Board of the LMA in May 2011 .

John Stratton joins Brit from Insurance Australia Group (IAG) where he has been since 2003, latterly as CIO and Head of Asset Management.

Prior to joining IAG John held positions in asset management at AXA Australia and Merrill Lynch Mercury Asset Management. He began his career at National Australia Bank working in both Melbourne and London. John is a graduate of the University of Western Australia.