Press release

Anthony Stevens Appointed President, Victor International

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Victor Insurance Holdings, the world’s largest managing general
underwriter (MGU), today announced the appointment of Anthony Stevens as
President of Victor International, effective immediately. In this role,
Mr. Stevens is responsible for advancing Victor’s insurance strategy
outside of North America with a specific focus on innovative insurance
products and digital solutions.

He succeeds Paul Drake, who previously announced his plans to retire
from the firm in September. Mr. Drake will continue to lead Victor in
the UK until a successor is appointed. Mr. Stevens is based in London
and reports to Christopher Schaper, CEO, Victor Insurance Holdings.

Mr. Stevens was previously Head of International Development for Marsh’s
Global Risk and Digital division, a position he held since October 2017.
He brings a unique expertise in technology, strategy and international
growth to this new role, having worked throughout Europe and
Asia-Pacific on the carrier, brokerage, and consulting sides of the
industry. Before joining Marsh in 2014, he held senior roles at RSA and
Oliver Wyman.

Commenting on the appointment, Mr. Schaper said: “A technology-driven
leader, Anthony’s extensive experience in building next-generation
commercial insurance distribution models, as well as international
development, make him ideally suited to drive Victor International’s
ambitious growth plans.

“I would like to take this opportunity to thank Paul for his
considerable contributions not only to our firm, but the wider insurance
industry during his 40-year career. On behalf of Victor, I wish him the
very best in his retirement.”

Mr. Stevens added: “Technology, data, and analytics are globally
revolutionizing the way in which the insurance industry transacts
business, and managing general underwriters are at the forefront of this
transformation. Victor is a new breed of MGU, and is now well
established in numerous markets including the UK and across Continental
Europe. I’m excited to develop new opportunities incorporating
innovative insurance products and digital solutions throughout the
international insurance market.”

About Victor

Victor Insurance Holdings, formerly known as The Schinnerer Group, is
the world’s largest managing general underwriter with locations in the
US, Canada, UK, Bermuda, Netherlands, Germany, Italy and Australia. It
handles more than $1.5 billion in premium on behalf of numerous
insurance carriers, through a large network of more than 25,000 active
insurance agents and brokers. With deep, specialized underwriting
expertise, the company provides a wide range of insurance coverage –
from specialty property and casualty and professional liability
insurance to group and retiree benefits. Victor Insurance is committed
to building on 60-plus years of experience to develop products that
address risk in new and evolving areas. For more information, visit