Our People
Our people have extensive experience in developing the processes, systems and skills required for supporting a run-off. In addition, we have specialist skills covering run-off claims management and inspections, commutations, asset and liability management, actuarial and change management.
Executive Directors
Colin Bird
Chairman of Tawa plc, Chief Executive Officer of CX RE, KX RE and Oslo Reinsurance Company
Colin formed the Tawa Group in 2001 with financial backing from Groupe Artémis. Colin is responsible for the Tawa insurance companies, being the CEO of both CX RE and KX RE. In that role he handles their relationships with the regulators, the boards and the manager. Colin was previously the Financial Services Leader and Head of Risk Management for the Global Financial Advisory Services division of PwC, a member of its Global Insurance Leadership Team and an elected member of the firm's Global and UK Supervisory Boards. Colin worked at PwC for 33 years (20 years as a partner), mainly in financial services with particular emphasis on the insurance and banking industries. For many years Colin was a leading corporate recovery specialist, based in London, undertaking restructuring assignments for a variety of financial services clients in the UK, US and Far East including distressed banks and insurance companies as well as acting as Inspector of a number of banks for the regulatory authorities.
Gilles Erulin
Chief Executive Officer of Tawa plc
Gilles has been Global Head of Insurance for Groupe Artémis since 2000 and previously headed its Merger and Acquisitions Group. He was responsible for the creation in 2001 of Tawa. Gilles managed the acquisition of Aoba (Japan) by Groupe Artémis, the first life insurance company ever acquired 100 per cent by overseas investors in Japan, and supervised that company's run-off strategy from 1999. He managed the sale of Aoba (Japan) in September 2004 to Prudential Life of Japan. Amongst numerous other transactions within the Financière Pinault group, Gilles also managed the take-over of Christie's International Plc, which involved the raising of £780 million of financing. He was appointed to the Board of Tawa in April 2001.
David Vaughan
Chief Operating Officer of Tawa plc, Chief Executive Officer of Tawa Management and PRO Insurance Solutions
David joined Tawa in 2001, where he has focused on acquisitions and operational effectiveness, particularly claims, reinsurance and commutations. David's current focus is on targeting acquisition opportunities and creating value from Tawa's run-offs. A former partner in the Insurance Business Restructuring Services Group of PwC, David has specialised in the insurance and reinsurance industry since 1987; as a result, he has extensive experience in advising participants in the insurance industry including underwriters, brokers, underwriting pools and life companies. David has advised run-offs on exit routes (including sale, reinsurance and solvent schemes), run-off strategy (advice, set-up and operational assistance), financial restructuring and effectiveness reviews (especially run-off administration), support on reinsurance disputes and insolvency advice and appointments.
Non-Executive Directors
Tim Carroll
Independent Non-Executive Director
Tim joined the Board in March 2011. He is a renowned international business leader, with significant London Market and Lloyd's experience, including roles as CEO of Swiss Re's UK holding company, CEO Europe of GE Insurance Solutions and US President and CEO of GE Reinsurance Inc. Tim has held a number of high profile industry positions including President of the Insurance Institute of London and current Project Sponsor and Chairman of the steering group for the London Market's 'Future Process' project. He received the Chartered Insurance Institute's medal for distinguished service in 2008.
Anthony Hamilton
Independent Non-Executive Director
Anthony joined the Board of Tawa in March 2004 having previously been on the board of CX RE. Anthony began his business career in the City of London and in New York where he worked for the investment banks Schroders and Morgan Grenfell. In 1978 he joined the investment bank Fox-Pitt, Kelton ("FPK"). He was a principal shareholder and served as Executive Chairman of FPK from 1994 until FPK was acquired by Swiss RE in March 1999. Anthony retired from his executive responsibilities at FPK in 2004 and as a director of Swiss RE Capital Markets Limited in 2006. During his time at FPK he served on the boards of a number of insurance companies. Anthony has been a director of AXA Equity and Law plc since 1993 and Chairman since 1995. In 2000 he was appointed Chairman of AXA UK plc, the holding company of AXA's UK insurance interests. Since 1995 he has been a member of the Supervisory Board of AXA Paris and of the AXA Remuneration Committee. In 2007 he was appointed Chairman of the AXA Group Audit Committee; he also serves on the Board of Directors of AXA Financial Inc. New York. From 2000 to 2006 Anthony served on the board of PPR in Paris and as a member of the Audit Committee.
John Hendrickson
Independent Non-Executive Director
John joined the Board of Tawa on 28 June 2007. John is Founder and Managing Partner of SFRi LLC, an independent investment and advisory firm that focuses exclusively on the insurance industry. From 1995-2004, he held various management positions within Swiss RE, and also served as a Member of Swiss RE's Executive Board. From 1985-1995, John was with Smith Barney, the US investment banking firm, where he focused on the insurance sector. John has served as a director for several insurance and financial services companies.
Hans Miller
Independent Non-Executive Director
Hans joined the Board in March 2011. He is a board member and advisor to financial and non-financial institutions globally, particularly in the areas of acquisitions and strategy. He is non-executive chairman of Hwa Hong Corporation Limited, a public company listed in Singapore, and chairman of its remuneration and investment committees. He is a board member of Protective Life Corporation, a US public company and a member its audit and finance and investment committees. Mr Miller has been Managing Director and Senior Advisor with the investment bank of Bank of America in New York.
Previously he was President and CEO of The Hartford International Financial Services Group, LLC and Senior Vice President of The Hartford Financial Services Group, Inc, for Planning, Development and Investor Relations.
Patricia Barbizet
Non-Executive Director
Patricia joined the Board of Tawa in April 2001. Patricia was a senior financial executive in the Renault Group before her appointment as Chief Financial Officer at Financière Pinault group in 1989. She has been a Director and Chief Executive of Financière Pinault since 1992 and Chairman of the Supervisory Board of PPR since 2002. She has also been the Vice Chairman and director of the Board of PPR since May 2005. Patricia is currently Chairman and CEO of Piasa, a director of Société Nouvelle du théâtre de Marigny, the Chairman of Christie's International Plc and a director of TF1, Fnac SA and Air France. She is also a member of the Supervisory Board of Gucci Group NV and Yves Saint-Laurent Couture and a member of the Management Board of SC du Vignoble de Château Latour.
Loïc Brivezac
Non-Executive Director
Loïc joined the board of Tawa on 28 June 2007. Loïc joined Financière Pinault in September 1999, first as an accounting manager and then, from January 2006, as the financial controller manager. Prior to joining Financière Pinault, Loïc was an auditor at Adexi SA from 1990-1997 and an accounting manager at Capri Enterprises SNC (Real Estate) from 1997-1999. Loïc is currently a director of Stade Rennais football club.
Gilles Pagniez
Non-Executive Director
Gilles has served on the Board of Tawa since February 2004 having previously been on the Board of Tawa from February 2002 to April 2003. He is also a member of the CX RE and the KX RE board. Gilles has been the General Counsel of Groupe Artémis since 1996 and also is a director on a number of boards of companies as the Groupe Artémis representative. Gilles has been involved in numerous M&A transactions on behalf of Groupe Artémis such as the take-over of Christie's International Plc in 1998, the acquisition in 1999 of Aoba (Japan), a Japanese run-off life insurance company, and its sale to Prudential Life of Japan in 2004 and the negotiation of the acquisition of Yves Saint Laurent on behalf of Gucci Group NV.
Senior Management
Simon Byrne
Chief Financial Officer
Janet Collins
Head of Human Resources and Organisational Development
Janet joined Tawa from PwC in 2002 to manage the change to run-off for CX RE. She has over 20 years experience in supporting organisations and people to develop and deliver in changing circumstances, having designed and delivered many strategic change projects. Janet's experience includes establishing and leading a centre of excellence for managing the HR implications of mergers, acquisitions, and spin-offs for PwC and its clients. She has an MA in Strategic Human Resource Development and Change and is a Member of the Chartered Institute of Personnel and Development.
Christopher Jones
Company Secretary and Compliance Officer
Chris transferred to Tawa following the acquisition of CNA Re in 2002 when he was appointed as Company Secretary and Compliance Officer of all Tawa UK group companies.
Prior to joining the Tawa Group, Chris was Group Company Secretary of Fenchurch Group plc a London Stock Exchange listed Lloyd's insurance broker and, following its acquisition by Lowndes Lambert, was appointed Group Company Secretary of the combined group.
Chris was appointed as Group Company Secretary of CNA Re's UK reinsurance subsidiaries, including CX RE (formerly CNA Reinsurance Company Ltd) in December 1997. He also served as Company Secretary and Compliance Officer of CNA Re's Lloyd's managing agency.
Chris is registered with the FSA in his capacity as CX RE's Money Laundering Reporting Officer.
Chris is a Fellow of the Institute of Chartered Secretaries and Administrators.
Bill McConnell
Head of Actuarial
Bill joined Tawa in June 2002 and has nearly 30 years of actuarial experience in the financial services industry covering a wide variety of fields. He was Chief Actuary for a leading managing agent before leaving and becoming the first Lloyd's Actuary. Bill was the corporate general insurance actuary for Guardian Royal Exchange Group Limited where he was responsible for ensuring that the reserving standards of the group met certain minimum requirements. He was also responsible for reporting to the executive committee on the reserves and underlying volatility of those reserves for the group. While working on the life side he became a member of a committee that was charged with the responsibility for redrafting the SORP on Accounting for Life Profits. Bill is a Fellow of the Institute of Actuaries.
Marvin Mohn
General Counsel
Marvin joined Tawa in 2001 and is General Counsel for Tawa, Tawa Management, CX RE, and KX RE. Before joining Tawa, he was with PwC for 18 months, prior to which he worked as an attorney specialising in insurance and reinsurance matters with Chadbourne & Parke, LLP. Marvin's experience centres on insurance regulatory, transactional, and litigation matters including eCommerce issues, insurance insolvency, reinsurance and insurance coverage disputes, licensing of companies and agents, surplus-lines regulation, captive insurers, and service contracts. Marvin is a Member of the State Bar of California and received a J.D. cum laude from the University of California, Hastings College of Law in 1991.
Jerry McArthur
Head of Corporate Development
Jerry has over 25 years experience in the UK and US insurance run-off and service sectors, primarily in business development and transaction execution roles.
He has previously established Acquisition Re in New York and London, providing investment capital and reinsurance solutions for insurance companies or portfolios in run-off, prior to which he was CEO of Randall & Quilter America Inc where he was responsible for sourcing and executing acquisitions.
From 2007-2008 he was Chairman and CEO of Capita Commercial Insurance Services Ltd; and prior to that, from 2003-2007 he was founding CEO of Claims Management Group Ltd, and from a start up grew it into an organisation employing 400 people and generating revenues of $60m.