Randall & Quilter appoints global head of legacy business

Randall & Quilter Investment Holdings has appointed Andrew Pinkes as global CEO of legacy Insurance. It follows the non-life legacy business specialist’s  launch of a new $300 million sidecar, Gibson Re, as it moves to a fee-based model.

Pinkes has over 30 years of experience in insurance, including managing legacy and run-off portfolios. He was previously executive vice president for worldwide P&C claims and run-off at CNA Insurance, global head of claims for XL Group, and head of claims and P&C run-off for The Hartford.

For the last three years, he has been an independent director and advisor for several insurance, insurance-related and technology businesses. Most recently, he was interim chief executive officer at insurtech business CLARA Analytics, which provides artificial intelligence solutions for claims management.

With oversight of legacy Insurance M&A and operations teams, Pinkes will report to executive chairman William Spiegel.

Spiegel said: “I’m delighted to announce Andy’s appointment as our new global CEO of legacy insurance. In addition to proven expertise in managing legacy insurance books, Andy also brings strong experience using data and analytics to improve the management of claims, which is an important pillar of our strategy for R&Q.”