Novae Syndicates Limited
21 Lombard Street, London EC3V 9AH
The Group is headquartered in London and has been listed on the London Stock Exchange since 1998. Novae writes both insurance and reinsurance in the property, casualty and marine, aviation and political risk markets. The Group employs approximately 300 people between its offices in London, Zurich and Bermuda.
John Hastings-Bass was appointed to the Board in May 2007 and became Chairman in May 2008. He began his career with Jardine Matheson in Hong Kong and later Singapore and Beijing. He was a director of Jardine Lloyd Thompson from 1997 to 2006 and was Chief Executive of its International Business Group. Between July 2007 and December 2014 he was Chairman, International Development at Arthur J Gallagher (UK) Ltd. He is non-executive Chairman of BMS Group.
Laurie Adams was appointed to the Board in July 2008. He qualified as a solicitor at Allen & Overy and subsequently spent over 20 years in senior legal and compliance roles in the investment banking industry, including Citigroup and ABN Amro. He was a non-executive director of Northern Rock until 2011. He is a member of the Supervisory Council of Citadele Bank, Latvia as a nominee for the EBRD and a non-executive director of Exane Limited. He is Chairman of the Risk Committee and a member of the Group’s Audit and Remuneration Committee.
Mary joined the Board in November 2012. She is a Chartered Accountant with over 30 years’ experience in financial services. Mary is a non-executive director of the Nottingham Building Society, Morgan Stanley & Co International plc, Stewart Title Limited and a director/trustee at The Charity Bank Limited. She has previously held senior positions at Standard Chartered Bank plc, ANZ, National Australia Bank, Commonwealth Bank of Australia and Allied Irish Banks plc and Friends Life Group plc. Mary was a non executive director at Northern Rock plc from January 2010 to January 2012, during its period of public ownership. She is Chair of the Audit Committee.
Chief Executive Officer
Matthew joined the Group as Chief Executive Officer in November 2002. In 1989, he had co-founded Seagray Fosh Futures Limited; a company involved in the sale and execution of equity and fixed income derivatives. The company grew to become one of the largest brokers on LIFFE before its sale to ICAP plc in in 2000. He has sat on the Council of Lloyd’s as a representative of Novae Corporate Underwriting Limited with effect from February 2010 and is non-executive director of Ariscom, Compagnia di Assicurazioni S.p.A. He is a member of the Nomination Committee.