Chaucer, an international (re)insurance group, announced the promotion of James Wright to chief risk officer, effective April 1.

Wright will have responsibility for the direction, performance, and management of Chaucer’s enterprise wide risk management framework, including underwriting risk management, and exposure management. His appointment is subject to regulatory approval.

Wright has been with Chaucer for 13 years, having joined the Capital Modelling team after university in 2006. He was promoted to head of Capital Modelling in 2013, and then to head of risk and capital in 2019. Wright succeeds Penny Shaw, who will step down from the role on March 31.

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