Lloyd’s and London Market insurance service business PoloWorks has appointed a new chief risk officer.
Raphael Borrel will be responsible for leading the risk and compliance functions, providing oversight across Polo Management Agency and PoloWorks’ business advisory and outsourced services.
He will report to Paul Andrews, chief executive officer of PoloWorks and Polo Managing Agency.
Borrel has more than 25 years of risk management and compliance experience. Prior to joining PoloWorks, Borrel was director of risk management for CNA Hardy. Previously, he was chief risk officer of XL Catlin Services, and also head of information risk at AXA XL.
Andrews said: “Raphael’s deep risk expertise will be an asset to the team at PoloWorks. His strong background in the market and knowledge of the risk and compliance sectors means he is well suited to help develop PoloWorks’ offerings and regulatory requirements. I’m looking forward to working with Raphael on reaching our strategic goals and another year of growth and exciting developments for PoloWorks.”
Borrel commented: “PoloWorks’ consistent growth and focus on digitisation are what excites me about joining. At its core,…
