Bermuda market veteran Marvin Pestcoe has been appointed to the board of directors of Nevada-based Employers Holdings Inc.

Mr Pestcoe retired from Bermudian-based Langhorne Re, a global reinsurer of life and annuity portfolios, after serving as its executive chairman and chief executive from January 2019 until April 2021. He continued to serve on the board of Langhorne Re until March 2023.

Prior to joining Langhorne Re, Mr Pestcoe held a variety of executive positions at Bermudian-based PartnerRe from 2001 until 2017, and at Swiss Re New Markets from 1997 until 2001.

He now serves on the board of Bermudian-based Hamilton Insurance Group Ltd, where he is the chairman of the underwriting committee, and a member of the audit and investment committees.

Mr Pestcoe also sits on the board of Catalina Holdings (Bermuda) Ltd.

He is a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

“We are very excited to welcome Marvin Pestcoe to the Employers Holdings Inc board,” said Katherine H Antonello, president and chief executive of the company.

“Marvin brings a wealth of knowledge and expertise with over 40 years of experience in insurance, reinsurance and investments, including a range of executive roles and leadership positions where he focused on profit centre management, investments, corporate strategy, data analytics and risk management.

“We will benefit greatly from Marvin’s insights and look forward to his contributions to our board.”