A.M. Best Announces Appointment of Nick Charteris-Black as Director - Global Financial Services.OLDWICK, N.J. -- Nick Charteris-Black will be joining the A.M. Best Company during the first quarter of 2008 as Director - Global Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. for A.M. Best Europe, the company announced. Charteris-Black will work from A.M. Best's London offices and will report directly to Roger Sellek, Managing Director - Global Financial Services. Nick will have responsibility for managing existing relationships and developing new relationships with key constituents in the insurance and broader financial services sectors in the United Kingdom, Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. , the Middle East, Asia and Australia. He will also provide input on rating criteria and work closely with the senior analytical and business development staff in Oldwick, London and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . "We are extremely pleased that Nick Charteris-Black has decided to join our organization," said Larry Mayewski, Executive Vice President and Chief Rating Officer at A.M. Best. "His background and experience will be invaluable in helping the A.M. Best Company enhance and develop its non-U.S. franchise." Charteris-Black is currently the Head of Capital & Broker Relationships at Lloyd's of London Not to be confused with Lloyds Bank or Lloyd's Register. Lloyd's of London is a British insurance market. It serves as a meeting place where multiple financial backers or “members”, whether individuals (traditionally known as , a post he has held for more than five years. He is responsible for relationship management with major capital providers and leading brokers, and for promoting the Lloyd's market to international reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. cedants and major direct clients in the United Kingdom, the United States, Europe and Asia Pacific. He also has "front-line" responsibility for potential new entrants to Lloyd's. In addition to his broad experience and achievements in the insurance and reinsurance sectors, Charteris-Black holds a BSc with honors in politics and law, an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Cass Business School in London, is a fellow of the Chartered Insurance Institute The Chartered Insurance Institute (also known as the CII) is a United Kingdom based professional organisation for those working in the insurance and financial services industry. (F.C.I.I.) and a Chartered Insurer, and also holds numerous professional affiliations. A.M. Best maintains offices in the United States, United Kingdom and Hong Kong and rates organizations in more than 65 nations. Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com. |
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