Appointment of ACI CEO

RNS Number : 4354G

Amlin PLC

12 May 2011

 



AMLIN PLC

12 May 2011

Kim Hvirgel appointed Chief Executive of Amlin Corporate Insurance NV

Amlin plc, the leading specialist insurer, has appointed Kim Hvirgel as the new Chief Executive of its wholly owned Netherlands-based subsidiary, ACI. The appointment is subject to the approval of the Dutch National Bank and Mr Hvirgel is expected to commence at ACI on 1 June 2011. Mr Patrick Coene, the current Chief Executive of ACI, will step down from that role on the same day.

Mr Hvirgel, a Danish national aged 51, was previously the CEO of Codan Forsikring Ltd, Royal & Sun Alliance's Danish subsidiary, where he had worked since 2001.  Codan had premium income of approximately DKK8 billion (£941 million) and approximately 1,500 employees. His previous roles at Codan included Head of Commercial Underwriting for Denmark and the Nordic Divisional Director for commercial lines. From 1993 - 2001, he worked for Tryg for eight years, latterly as Assistant General Manager and prior to that, for the Danish Insurance Association.

Commenting on the appointment, Charles Philipps, Chief Executive, Amlin plc, said: "We are delighted to have attracted someone of Kim's exceptional talent and experience into this role. We are confident that he will add impetus to ACI's current change programme and to its subsequent strategic development."

Kim Hvirgel commented: "I believe that ACI has significant potential and I am looking forward to helping the Company realise that potential over the coming years."

ENDS

Media Enquiries
Hannah Bale, Head of Group Communications, Amlin plc	020 7746 1118
Ed Gascoigne-Pees, Financial Dynamics	020 7269 7132
Analysts and Investors
Julianne Jessup, Head of Investor Relations, Amlin plc	020 7746 1961
Ed Berry, Financial Dynamics	020 7269 7297

Notes to Editors:

Amlin plc is a leading independent insurance group operating in the Lloyd's market through Amlin London and additionally in the UK, Continental European and Bermudian markets. We specialise in providing insurance cover to commercial enterprises across a broad range of risks including aviation, marine and international property & casualty. We also provide reinsurance protection to other insurance companies around the world.

A FTSE250 quoted company domiciled in the UK, Amlin's Syndicate 2001 is highly rated at 'A+' (Excellent) by AM Best and 'A1' (Stable) by Moody's.

 

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