Matthew Pifer is to take over the role of general counsel for Bermuda-headquartered The OIL Group of Companies.

He joins the group on Thursday, and will succeed Theodore Henke, who retires as general-counsel at the end of the year after 10 years with OIL.

Mr Pifer previously served as practice leader — insurance services, with Vermont-based Paul Frank + Collins PC. He held that position for 20 years.

In a statement, OIL said Mr Pifer had “during the last ten years he and his firm have provided external monitoring counsel services to the group on a number of complex claims.

“Matt is also experienced with coverage advice, litigation management and insurance and financial regulatory work. Matt has worked with markets and regulators in London, Bermuda and other jurisdictions globally”.

The OIL Group of Companies is comprised of two member-owned insurance companies serving the energy industry, Oil Insurance Limited and Oil Casualty Insurance, Ltd.

Bertil Olsson, chief executive officer said: “We wish to extend our sincere appreciation to Ted Henke for his 10 years of stellar service and wish him well in his retirement.

“We are pleased to have Matt join our leadership team. Matt has a strong understanding of our business, our shareholders and the important role that he will play within the group as general counsel with oversight of the claims functions for OIL and OCIL.”