Centriq Insurance announces new CEO

Gareth Beaver

The Board of Directors of Centriq Insurance announced the appointment of Gareth Beaver to take over from outgoing CEO Michael Blain. Gareth currently holds the position of Executive Director - Business Development and will succeed Michael at the end of A

Gareth is a Chartered Accountant with extensive experience in the financial services and insurance industry and has played a key role in the management of the company since joining Centriq as Chief Financial Officer three years ago. Previous positions held include Managing Director of Admiral Underwriting Group, which later merged with Stalker Hutchison & Associates to form Santam subsidiary Stalker Hutchison Admiral, where Gareth was Executive Director of Finance and Operations before joining Centriq.

The Board wishes to acknowledge Michael for the key role he has played in establishing Centriq as a leader in the niche market segment it operates in today. “Aside from having led the company through the merger and integration of what was known as Nova Risk and Santam Risk Finance at the time, Centriq has seen a strong increase in gross premium levels under Michael’s leadership to date. We wish him all of the best for the future as he takes up a new challenge in the life insurance industry,” says Ian Kirk, Chairman of the Centriq Group.

“We anticipate seeing the executive management team continuing to deliver innovative solutions for customers and forming value-add business partnerships for all our business partners under Gareth’s leadership. We are also confident in the great depth of talent that exists in the broader management team,” Ian concludes.

Committed to delivering customised, innovative risk financing, affinity insurance and underwriting management facilities, Centriq’s goal-oriented offering is centred on relationships, solutions and service.