REG-Lancashire Holdings Ltd: Non-Executive Director Appointment

Lancashire HoldingsAnnouncement

08/08/2024 07:15

LANCASHIRE HOLDINGS LIMITED

 

8 August 2024

Hamilton, Bermuda

 

Non-Executive Director Appointment

 

Lancashire Holdings Limited (the "Company") announces the appointment of Linda
Ventresca as a Non-Executive Director with effect from 7 August 2024.

 

Linda Ventresca is an experienced senior leader in the insurance industry
having worked at AXIS Capital from 2003 to 2023.  She most recently served as
Head of Digital at AXIS Capital and previously held a number of leadership
roles at AXIS, including Chief Strategy Officer, Chief Transformation Officer
and Head of Corporate Development and Investor Relations and served as a
director of Axis Reinsurance Company.   She joined AXIS Capital from MMC
Capital (predecessor firm to Stone Point Capital) where she was a private
equity investment associate closely involved in the formation of AXIS
Capital. 

 

Ms. Ventresca commenced her career as an analyst in the financial institutions
investment banking operations of UBS Securities, LLC and Donaldson, Lufkin &
Jenrette.  She has served as a director on a number of boards and in an
advisory capacity, with a focus in the insurance sector. Ms. Ventresca is a
member of the board of Velocity Holdco., LLC, the holding company of a
managing general agency/carrier hybrid specializing in excess and surplus
lines insurance for the US property market. She holds an M.B.A from Columbia
Business School and a B.S.E. in bioengineering from the University of
Pennsylvania.

 

Philip Broadley, Lancashire's Chair, said:

 

"We are very pleased to welcome Linda as a Non-Executive Director of
Lancashire Holdings Limited.  Linda brings first-hand knowledge of the US and
international insurance and reinsurance markets.  Her experience will
complement the Lancashire Board, support Alex Maloney and our leadership team
and help enrich strategic discussions and oversight of Group performance at
this exciting time for our business."

 

Lancashire has been notified that there are no further details required to be
disclosed with respect to Ms Ventresca's appointment pursuant to paragraph
6.4.8R of the Listing Rules.

 

 

For further information, please contact:

 Lancashire Holdings Limited  Christopher Head  +44 20 7264 4145 chris.head@lancashiregroup.com         
 Jelena Bjelanovic                              +44 20 7264 4066 jelena.bjelanovic@lancashiregroup.com  

 

About Lancashire

 

Lancashire, through its UK and Bermuda-based operating subsidiaries, is a
provider of global specialty insurance and reinsurance products.

Lancashire's common shares trade in the equity shares (commercial companies)
category of the Main Market of the London Stock Exchange under the ticker
symbol LRE. Lancashire has its head office and registered office at Power
House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda.

The Bermuda Monetary Authority ("BMA") is the Group Supervisor of the
Lancashire Group.

For more information, please visit Lancashire's website at
www.lancashiregroup.com.

This release contains information which may be of a price sensitive nature
that Lancashire is making public in a manner consistent with the UK Market
Abuse Regulation and other regulatory obligations. The information was
submitted for publication, through the agency of the contact persons set out
above, at 7:00am BST on 8 August 2024.

NOTE REGARDING FORWARD-LOOKING STATEMENTS:

ALL FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT OR OTHERWISE SPEAK ONLY AS
AT THE DATE OF PUBLICATION. LANCASHIRE EXPRESSLY DISCLAIMS ANY OBLIGATION OR
UNDERTAKING (SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY
OBLIGATIONS INCLUDING THE RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE
ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENT TO REFLECT ANY
CHANGES IN THE GROUP'S EXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH
STATEMENT IS BASED. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS
ATTRIBUTABLE TO THE GROUP OR INDIVIDUALS ACTING ON BEHALF OF THE GROUP ARE
EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY THIS NOTE.

 



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