TEAM

DIRECTORS

Jonathan Yates

Jonathan Yates

Jonathan is a Fellow of the Institute of Actuaries with over thirty years experience in the life insurance industry. He was previously CEO of Windsor Life Assurance Company Limited and, subsequently, Guardian Assurance Company Limited and a Director of various companies within the respective groups, including Ark Life Assurance Company Limited in Ireland.

He was also previously Group Finance Director of Phoenix Group Holdings plc, a UK listed company as well as a Director of various group companies, including the life insurance companies within the group and Ignis Asset Management. Jonathan has previously held non-Executive Directorships of Paternoster Insurance Company Limited, in the UK, and The Empire Life Insurance Company, in Canada. He is currently a non-Executive Director with the Viridium Group in Germany, including the various life insurance companies within the group. He is also a Director of Monument Life DAC.

Clive Rowe

Clive Rowe

Until October 2019 Clive was a general partner and managing member of Oskie Capital Management, a New York based investment fund focused on companies going through significant transformations. He founded the firm in 2010 and was a Portfolio Manager responsible for investments in media, telecom, energy and health care including managed care organisations (health insurers).

Prior to founding Oskie Capital, Clive was a partner at SLS Capital, a New York based long short equity fund which he co-founded in 1999. Prior to his career in the investment business, Clive worked at Monitor Company, a strategy consultancy where he co-led the restructuring group. Clive is currently a Board member of E-L Financial, a Toronto based holding company with a portfolio of investments.

Paul Bohus

Paul Bohus

Paul C. Bohus is a Senior Vice President of Corporate Development at Enstar. He has significant experience in the (re)insurance industry, particularly in mergers and acquisitions. Paul has been with Enstar since 2014 and is responsible for executing and overseeing all stages of the acquisition process including strategy, alternative capital, due diligence, valuation, financial impact analysis and integration.

Michael Hermann Winkler

Michael Hermann Winkler

Michael is an Actuary and member of the Swiss Actuarial Association. He is the Managing Director of RefinSol GmbH, of which he is also the founder and Executive Director, providing consulting services for international (re)insurance companies. Michael has also served as CEO of WRM Reinsurance AG, a specialised carrier for bespoke reinsurance transactions for life insurance companies in the area of Financial Solutions. Michael brings over thirty years of experience to Monument Re, having covered multiple roles in the life (re)insurance industry since 1980.

Manfred Maske

Manfred Maske

Chief Executive Officer

Manfred is a Fellow of the Institute of Actuaries with more than twenty years of experience in the life industry in South Africa, the United Kingdom, India, the Middle East and Bermuda. He was previously CEO and Director of Legal and General Reinsurance in Bermuda and CEO and Director of Legal & General Gulf in the Middle East.

Manfred has worked previously in a range of management and technical roles within Legal & General in the UK, culminating in the role of International Actuary with a business development focus, where he sat on the Boards of start-ups and as member or chair of the Investment Committee. Prior to this, Manfred held mainly actuarial but also investment roles with PriceWaterhouse Coopers in the UK, Old Mutual and Momentum Life in South Africa.

EXECUTIVE TEAM

Manfred Maske

Manfred Maske

Chief Executive Officer

Manfred is a Fellow of the Institute of Actuaries with more than twenty years of experience in the life industry in South Africa, the United Kingdom, India, the Middle East and Bermuda. He was previously CEO and Director of Legal and General Reinsurance in Bermuda and CEO and Director of Legal & General Gulf in the Middle East.

Manfred has worked previously in a range of management and technical roles within Legal & General in the UK, culminating in the role of International Actuary with a business development focus, where he sat on the Boards of start-ups and as member or chair of the Investment Committee. Prior to this, Manfred held mainly actuarial but also investment roles with PriceWaterhouse Coopers in the UK, Old Mutual and Momentum Life in South Africa.

Carlo Elsinghorst

Carlo Elsinghorst

Chief Financial Officer

Carlo was appointed Group Chief Financial Officer in 2022 after joining Monument Re as CEO of Monument Insurance Ireland in 2020. Prior to joining Monument, Carlo held positions in the life and pensions industry in Ireland, The Netherlands and the UK for over 20 years, including CFRO of Monuta Holding in The Netherlands, CFO of Friends First in Ireland and CRO & Interim CEO of Eureko Reinsurance Ireland. He also held senior management positions at Achmea in The Netherlands.

Before entering into managerial roles, he worked as a consulting actuary at Mercer in London. Carlo holds a Master’s degree in Mathematics from Delft University of Technology, qualified as an actuary and completed an MBA at INSEAD in France.

Alex Brogden

Alex Brogden

Chief Underwriting Officer

Alex is a Fellow of the Institute of Actuaries with over fifteen years of experience in the life industry. His previous role was Senior Corporate Actuary at the Phoenix Group, where his role included pricing and capital structuring of acquisitions and reinsurance, managing the Group’s defined benefit pension schemes and developing significant capital management actions.

He was previously Pricing Actuary at Admin Re (part of the Swiss Re Group), pricing closed fund transactions, including the c.GBP750m acquisition of Barclays Life. Prior to that, Alex was a Life Insurance Consultant at Willis Towers Watson and worked on a number of client projects, across the UK, Europe, US and Asia.

Paul Stanworth

Paul Stanworth

Group Chief Investments Officer

Paul has over 30 years’ experience in institutional investments and finance covering a wide range of markets including private and public credit, venture capital, private equity, real estate, derivatives and interest rates. Through his career, Paul has built several start-up teams and businesses within corporate investment functions and treasury operations in Europe and the US. Prior to joining Monument Re, Paul was CEO 777AM, a startup US based asset manager supporting a Bermudan reinsurer. This followed a role as CEO Legal General Capital where Paul built a private investments platform to support the insurer and oversight of the insurers long-term credit funds. Earlier in his career, Paul worked in investment banking and fund management, including Head of Credit at Prudential M&G. Paul holds a BSc from the University of London and professionally qualified as an actuary.

Jon Bird

Jon Bird

Group Head of Compliance

Jon has nearly 40 years of experience within the Financial Services sector with last 25 years in the Compliance field. Prior to joining Monument, Jon was Compliance Assurance Director with Aon. Before that he has had a number of roles covering compliance, risk, financial crime, data protection and governance with providers of life, pensions, general insurance, savings and investments products covering both UK and international jurisdictions. These roles have included being a Money Laundering Reporting Officer and Data Protection Officer.

Tobias Fritsch

Tobias Fritsch

Group Chief Operating Officer

Tobias has over fifteen years of experience in the insurance sector, ranging broadly across various jurisdictions in Europe, Asia and North-America. He has deep experience in IT, Operations and Change Management, leading sizable international business transformation initiatives, BPO projects and M&As before taking C-level roles within Operations. Tobias started his career as a strategy consultant before joining Allianz. Within Allianz, he led teams in the P&C, Life & Health and Investment sectors.

Prior to joining Monument Re, Tobias was the COO for Allianz Investment Management in North America. As a dedicated learner, Tobias holds two PhDs and over ten masters degrees spanning relevant areas including business administration, economics, computer science and law.

Riya Sen Gupta

Riya Sen Gupta

Group General Counsel

Riya is an English qualified lawyer with over twelve years’ experience in the financial services industry. Prior to starting her current role, she spent her career as a corporate lawyer at the international law firm Clifford Chance LLP, most recently holding the role of Director of Insurance: Transactions and Regulation. Riya has a wealth of experience in advising on complex M&A, corporate restructurings, reinsurance and distribution arrangements for (re)insurers and other financial institutions across the UK, Europe, US and Asia.

David Leach

David Leach

Group Chief Risk Officer

David is a Fellow of the Institute of Actuaries and holds a First Class Honours degree in Economics from the University of Warwick. David has over twenty years of experience in life insurance. He was previously Deputy Chief Risk for ReAssure Life Limited and Risk Management Head of Investment Oversight for ReAssure Group, a division of Swiss Re. Prior to that, David held the role of Senior Risk Actuary for Guardian Financial Services. He has also worked in actuarial consulting roles at EY, Deloitte and Watson Wyatt (now Willis Towers Watson) and as Pricing Actuary at Munich Re. His consulting work focused on mergers and  acquisitions in Europe and Asia, actuarial audit, risk management and Solvency II.

Neil Burt

Neil Burt

Group Chief Actuary

Neil is a Fellow of the Institute of Actuaries with over fifteen years of experience in the life industry and a First Class Honours degree in Mathematics. Neil was previously the Approved Actuary and Head of Actuarial Reporting for Legal & General Re, responsible for reporting the actuarial liabilities of the Company. As Approved Actuary, he was responsible for providing an opinion on the sufficiency of the long-term reserves of the Company and supporting the regulatory requirements to the Bermuda Monetary Authority.

Prior to Legal & General Re, Neil transferred from within the Legal & General Group in the UK where he worked within the Legal & General Retirement Finance team. In the UK, Neil supported the development of the Solvency II reporting, strategic planning and the international expansion of the Retirement Division. Prior to Legal & General, Neil was an Actuarial Manager at Deloitte working on a number of Solvency II and M&A projects.

Chris Carson

Chris Carson

Group Integrations, Change & Technology Director and UK Country Manager

Chris is an operational strategy and change expert and has delivered restructurings, mergers, demergers and transformations for a number of companies over the past 15 years including M&G Prudential, Direct Line, MetLife, AVIVA, and HBOS. He was an insurance Consulting Partner at PwC and also led their EMEA Insurance Advisory practice from 2013 – 2015.

He began his career as a management trainee with Aachen Re in the US and moved with them to Ireland in 1993. He worked with Scottish Amicable and St. James’s Place Capital in Dublin before moving into management consulting with Deloitte Bacon & Woodrow and then PwC in the UK. Before joining Monument Re Chris led the operational separation of M&G Prudential from Prudential Group ahead of their listing on the LSE.

Colm Brennan

Colm Brennan

Group Head of Internal Audit

Colm has 17 years of experience in the Financial Services sector with 10 years of experience in the insurance industry. Prior to taking up his current role he held the position of Head of Financial Control for Monument Assurance and Monument Insurance.

In this role, Colm has overall responsibility for the controllership, financial reporting and regulatory reporting activities for the organization. Prior to joining Monument, Colm held the position of Financial Accountant with Friends First Finance, an asset finance company. Colm is a Fellow of the Association of Chartered Certified Accountants, a Chartered Tax Adviser and member of the Chartered Institute of Internal Auditors.

Gemma Cerasi

Gemma Cerasi

Group Head of Human Resources

Gemma has over 15 years experience within the Financial Services and IT sector. Prior to joining Monument Gemma’s last role was Head of HR for Ark Life. Prior to that she held various senior HR roles within Aviva at a local and European level across their Life and Pensions and General Insurance businesses. Gemma started her career with Oracle where she previously held positions within their Learning and Development division.

Fiona Davies

Fiona Davies

Group Chief of Staff

Fiona is a Fellow of both the Academy of Life Underwriting and the Life Management Institute with over 25 years of experience in the life insurance industry.  Fiona was previously the Transactions Manager for Monument Re before assuming the role of Group Chief of Staff in March 2022.  Prior to joining Monument Re Fiona held the position of Senior Underwriter for Hannover Life Reassurance Bermuda Ltd, a role which included traditional mortality and longevity underwriting, underwriting manual development and mortality evidence-based research projects.  Prior to Hannover Re, Fiona was an Assistant Vice President at BF&M Insurance Group with responsibility for various underwriting and policy administration functions.

REGIONAL CEOs

Koen Depaemelaere

Koen Depaemelaere

Chief Executive Officer, Belgium

Koen has more than 15 years of relevant experience in the BeNeLux insurance market and was Director and CEO of the Life Insurance business of AXA Belgium. He held a mandate as President and previously CEO of AXA Private Management. He was also the CEO of the largest BeNeLux broker Vanbreda Risk & Benefits.

He has led several digital transformations as CEO Portima/Assurent, the leading IT-Platform in the Be Insurance sector, Chief Transformation Officer at SD Worx and CCO at Banksys/Worldline. Koen holds a Masters of Engineering Science (ir.) from KU Leuven and an MBA from Vlerick Business School.

Oliver Schmidt-Berteau

Oliver Schmidt-Berteau

Chief Executive Officer, Luxembourg

Olivier has twenty-one years experience in the insurance industry. He has served in Luxembourg since December 2006, first as Risk Manager and Financial Controller, then Chief Financial Officer and finally from June 2010 as Chief  Executive Officer of Aspecta Luxembourg International S.A., a company of the Talanx Group. In his latest function, he had responsibility to set up the run-off of the company. From June 2009 Olivier was also Executive Director of the finance and investment company of  the Group in Luxembourg, Talanx Finanz (Luxemburg) S.A. From June 2009, Olivier also held this position within EURO International Reinsurance S.A. Luxemburg to prepare and complete the sale of the company one year later. Prior to that, Olivier had nearly 10 years of experience in Germany in a number of senior management roles primarily in Risk Management and Financial Controlling with Gerling Beteiligungs-GmbH, Gerling G&A Versicherungs-AG and General Accident Versicherungs-AG. Olivier graduated from the Institut d’Etudes Politiques de Paris and holds a law degree.

Jeffrey More

Jeffrey More

CEO, Crown Dependencies

Jeffrey is a Fellow of the Faculty of Actuaries with thirty-five years’ experience in life assurance. He continues as CEO and as a director of Monument’s life insurance, insurance management and fund manager businesses, very recently acquired from Charles Taylor of London, where he served on the Group Executive Committee. He was CFO and then CEO of that business under its ownership by Aberdeen Asset Management and was on the Board of Aberdeen funds in Ireland. Jeffrey has been a director of life insurers in the Isle of Man, Guernsey and Jersey acquired by Charles Taylor and transferred into the main Isle of Man life insurer. He was previously Appointed Actuary of Scottish Provident International in the Isle of Man. He was previously Product Development Actuary for Scottish Provident Institution in the UK.

Warwick Helps

Warwick Helps

Chief Executive Officer, Nordben, Guernsey

Warwick is a Fellow of the Association of Chartered Certified Accountants with thirteen years of professional experience in the finance industry. Warwick has served at Nordben since January 2012, first as Deputy Chief Financial Officer, then Chief Financial Officer and finally from May 2016 as Chief Executive Officer. In his latest function, he has taken responsibility for executing Nordben’s strategy to ensure the business is run off as efficiently and profitability as possible with a strong focus on excellent operational management and communication skills to be able to motivate the staff to meet the challenges of running off the liabilities of the Company. Prior to Nordben, Warwick was an audit manager at Deloitte working predominantly with a mixture of insurance clients.

David Healy

David Healy

Chief Executive Officer, Ireland

David has more than 30 years’ experience in the International Insurance Industry , specialising in the cross border, pan EMEA, Life, Health and Employee Benefits markets. Prior to joining Monument as CEO of the Irish company, David was the CEO of Aetna International Health Insurance Europe based out of London, before moving to Dubai to take the role of CEO of the EMEA region for Aetna. David was also a Board Director of Aetna’s operations in India.

David began his career in the International cross border market with J Rothschild International in Dublin before moving to Luxembourg as Managing Director of Scottish Equitable International. David then returned to Ireland to take up the role of CEO at the launch of Aegon Ireland, leading the introduction of the first Variable Annuity products sold into Europe.

David holds a BA (Hons) degree in Insurance Management and is an Associate of the Chartered Insurance Institute (ACII). He is also a qualified Chartered Director with the Institute of Directors. 

CONTACTS

Monument Re

Crown House
4 Par-la-Ville Road
Hamilton HM08
Bermuda

+1 441 400 9300

Monument Life Insurance DAC

Two Park Place,
Upper Hatch Street,
Dublin 2
Ireland

Monument Assurance Belgium S.A.

Boulevard du Roi Albert II 19 - 1210 Brussels – Belgium

+32 (0) 78 050 006 | +32 (0) 4 232 44 11  

Monument Assurance Luxembourg S.A.

Atrium Business Park
29, rue du Puits Romain
L- 8070 Bertrange
Luxembourg

+352-264 98 1

Monument International Life Assurance Company Limited

St George’s Court
Upper Church Street
Douglas
Isle of Man IM1 1EE

+44 1624 683 683

Nordben Life and Pension Insurance Co. Limited

OLD bank chambers
La grande rue
st martin
Guernsey
GY4 6rt

 

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