Fintech InsurTech News

Charles Taylor Announces Changes to Its Board and Executive Committee

Charles Taylor Announces Changes to Its Board and Executive Committee

Edward Creasy appointed Executive Chairman for the Group, alongside Tamer Ozmen who also re-joins the Charles Taylor Board.

Charles Taylor, the leading provider of services and technology solutions to the global insurance market, has announced that Edward Creasy has been appointed Executive Chairman for the Group from non-executive director, where he had previously served. Additionally, Tamer Ozmen has re-joined the Charles Taylor Board and Richard Yerbury has been promoted to Group Chief Operating Officer. The addition of these seasoned and respected insurance experts is intended to accelerate the company’s next phase of growth in the coming years.

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Edward Creasy, Executive Chairman for the Group, commented, “The services we provide, how clients interact with us and the Charles Taylor experience has never been more important. Working together with our partners, Lovell Minnick, it is our intention to build and expand on what has been achieved under David’s leadership, by continuing to grow our distinctive market position as the provider of professional services and technology solutions supporting every stage of the insurance lifecycle and every aspect of the insurance operating model.”

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After almost nine years as Group CEO, David Marock has decided to leave Charles Taylor; he has offered to provide support during the transition period. The Board is initiating a search, led by Edward Creasy, to find a permanent Group CEO. Edward will remain Executive Chairman until the search for a permanent Group CEO is completed.

David Marock said, “This was a most difficult decision. I am grateful for having had the privilege to lead the organisation. I am particularly proud that together we have made it a great place to work, one that has flourished into a vibrant, client-focused, entrepreneurial, and much enlarged, successful business. At the same time, after so many years of intensive focus, I feel a strong need to have time to recharge fully, reflect, and ultimately decide on the next stage of my career.”

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