International insurer's founding CEO resigns
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R. Matthew Fairfield has stepped down as CEO of ANV Holdings B.V., effective immediately, the Amsterdam-based specialty insurer announced.
ANV, which operates syndicates 1861, 5820 and 779 at Lloyd’s of London, said late Monday that Lynsey Cross, chief of staff at ANV, will serve as interim CEO during the search for a replacement for Mr. Fairfield, who founded ANV.
“It has been a privilege to lead ANV to the position it has achieved today, with over $1 billion of managed premium, producing growing profits and with a reshaped business and team to go forward to create a truly differentiated competitor,” Mr. Fairfield said in a statement.
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