One Re appoints a new chairman of the board

Nicholas Davenport .

Nicholas Davenport spent nearly 30 years at Willis, where he was a board member of both group operating companies, wholesale and retail, as well as a number of overseas offices. He was a director responsible for Africa for 10 of those years. More recently he was a board member of Chubb Europe. In addition to his role at One Re he is currently Chairman of a Lloyd's managing agent and Board member of a French Insurance Company.

He has a particular affinity for both Francophone and Anglophone Africa, having travelled extensively across the continent in the early part of his career as a reinsurance broker.

CEO, Andrew Lewis, said “following a successful 2017 renewal season we are delighted to have Nicholas at the helm to steer us through our next phase of growth which we anticipate will be significant in the next few years. Nicholas has an unparalleled knowledge of Africa and many of the friendships that he has forged in the continent over the years have remained strong to this day.”

Mr Davenport paid tribute to his predecessor, Gilles Bonvarlet, for guiding the company through the tricky start-up phase and for laying such a solid foundation upon which the company can now build. He said “I am excited about the prospect of working with the One Re team as I can see enormous potential for a new entrant African specialist reinsurer in the coming years”.