AmWINS Group announces Matthew Crane to succeed Frank Murphy
In his new role, Crane will oversee a global platform that represents more than $2 billion in premium placed.
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.
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