HAMILTON, Bermuda, Oct. 15, 2015 /PRNewswire/ -- Nephila Capital announced today that they have promoted a new Managing Director of Nephila Advisors UK Ltd to support the ongoing growth of their business. Nephila is an institutional asset manager of vehicles dedicated to investing in natural catastrophe and weather risk insurance linked securities.
Nephila Capital is excited to announce that Adam Beatty has been made a Managing Director of Nephila Advisors UK Ltd, which provides non-discretionary sub-advisory and investor relations services, in recognition of his outstanding contributions since joining in 2013. Mr. Beatty has contributed to Nephila's business in many important ways, including investor relations and business development across Europe and the Middle East, and in January 2014, he assumed the role of Active Underwriter for syndicate 2357.
"Adam has done a wonderful job driving our Lloyd's plan since joining the firm in 2013. Syndicate 2357 is an increasingly important part of Nephila's overall strategy, and we appreciate Adam's valuable contributions to its ongoing development," said Frank Majors, co-founder and current Principal of Nephila Capital.
Mr. Beatty joined Nephila in January 2013 as Business Development Director, based in London and performs a multi-faceted role including responsibility for the administration of Nephila's Lloyd's syndicate platform (London market liaison with brokers and trading counterparties and investor relations)
Mr. Beatty has 21 years' experience of reinsurance markets. Prior to joining Nephila, Mr. Beatty was a Managing Director with Willis Capital Markets & Advisory, the Willis Group's investment banking unit, based in New York and more recently London. He focused on projects such as catastrophe bond structuring and origination and transaction structuring and capital raising for the catastrophe risk asset class. From 2004 to 2006, Mr. Beatty was the Chief Financial Officer for Willis's global reinsurance business, Willis Re. Mr. Beatty qualified as a Chartered Accountant in 1994 and before commencing a 15-year career at the Willis Group, he worked at an audit firm specializing in insurance business and the Lloyd's market.
About Nephila Capital
Nephila Capital Ltd is a leading investment manager specializing in reinsurance risk. Nephila has assets under management of approximately $9.5 billion as of September 1, 2015 and has been managing institutional assets in this space since it was founded in 1998. The firm has over 100 employees based in their Bermuda headquarters, San Francisco, CA, Nashville, TN and London. Further information can be found at www.nephila.com.
SOURCE Nephila Capital Ltd