Antares the Lloyd’s Managing Agency and member of the QIC Group today announces the appointment of Jonathan (Joe) Battle current Active Underwriter as Chief Executive Officer (subject to necessary regulatory approvals).
Stephen Redmond, current Managing Director of Antares, has been appointed to the newly created role of Group Transformation Officer.
Battle has more than 30 years of experience in the insurance industry, having begun his career at C.W. Rome in 1985. After progressing through a series of senior roles at Charman Underwriting, ACE, and AXIS he joined Antares (then Württembergische) in 2007. He was appointed Active Underwriter in 2009.
Ewen Gilmour, Chairman of Antares said “Joe has been a critical part of Antares success since its inception in 2008. As Active Underwriter he has overseen growth into diverse and profitable lines, and cemented our reputation for quality, and empowered underwriting. His tenure at Antares has been exceptional and we are very pleased to announce his new role today as Antares heads into the next stage of its evolution and growth.
“I would particularly like to thank Steve for his incredible work with Antares over more than a decade. Steve established Antares as an independent Lloyd’s underwriting business in 2008 and in 2010 formed the Lloyd’s Managing Agency. Following consistent growth and having established Antares’ excellent reputation he oversaw the sale to QIC in 2014. The success of Antares is great testimony to his stewardship and we wish him continued success in his new group-oriented role”.
Peter Rigby / Kuba Stawiski
+44 (0)20 7562 4444
Notes to editors
Antares is an established independent Managing Agent at Lloyd’s, the world’s global insurance and reinsurance market of choice. As Syndicate 1274, we deliver a worldwide diversified range of Property, Casualty, Marine and Aviation underwriting services through our highly experienced team of underwriters. Since its launch, the syndicate has successfully developed and grown its capacity from £135m to £350m in 2017. Antares was acquired by QIC in June 2014. For more information, please visit www.antaresunderwriting.com.
Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of over 50 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA region. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best. In terms of profitability and market capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Exchange and has a market capitalization of over USD 4 billion. For further information on QIC please visit www.qatarinsurance.com.