"At AmWINS, we are building a long-term, independent business, and we talk frequently about our goal of building a '150-year' firm. In doing that and thinking long-term, we are always planning for succession of key leadership roles," says Purviance. (Photo: AmWINS Group Inc.)
AmWINS Group Inc. announced that Matthew Crane will succeed Frank Murphy as CEO of THB Group and president of the international division of AmWINS, effective once Crane's existing contractual terms are met later this year.
Murphy, who has served as CEO of THB since 2009 and president of the international divisions of AmWINS since 2012, will transition into a new role as senior strategic advisor to AmWINS and remain on the AmWINS executive committee.
"I feel privileged to have led our London and international operations," Murphy said in a statement. "AmWINS/THB is well-positioned to take advantage of a changing industry, and I believe that Matt and our leadership team will take our business to the next level. I am looking forward to my new role and to supporting Matt."
|'Planning for succession'
In his new role, Crane will oversee a global platform that represents more than $2 billion in premium placed and continue to drive the company's current international strategy. He will report to Scott Purviance, the CEO of AmWINS Group Inc.
"I am delighted to be joining the AmWINS family and the THB leadership team," Crane said in a statement. "The scale of AmWINS, coupled with the entrepreneurial spirit of the company, is a combination that cannot be replicated anywhere in the market."
Crane has held a number of senior management positions at QBE Insurance Group PLC and most recently served as executive director, market management for QBE. He began his career at Ensign Syndicate 980 serving in a variety of roles, including deputy underwriter.
"At AmWINS, we are building a long-term, independent business, and we talk frequently about our goal of building a '150-year' firm. In doing that and thinking long-term, we are always planning for succession of key leadership roles," says Purviance.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
