Charles Taylor appoints Richard Wood as Chief Executive, Americas in succession to Joe Roach
16 February 2017
Professional insurance services provider, Charles Taylor, has appointed Richard Wood as Chief Executive Officer, Management Services - Americas from 1 January 2017 in succession to Joe Roach who has retired from the business. Richard is now responsible for leading and developing Charles Taylor’s Management Services business across the Americas.
Charles Taylor is the manager of Signal Mutual, the largest provider of Longshore workers’ compensation insurance to the US maritime industry. It also provides a wide range of insurance support services across the Americas, including, third party claims administration, captive management, risk consulting and safety management services. Richard and his team work closely with Charles Taylor’s loss adjusting businesses in the Americas, which specialises in the settlement of larger and more complex losses arising from major insured incidents and claims, along with the wider Charles Taylor Group. Charles Taylor recently announced the appointment of Vince Cole as Chief Executive Officer and Regional Head of Charles Taylor Adjusting for the USA.
Richard Wood succeeds Joe Roach, who has retired after 21 years leading Charles Taylor Americas. Richard has over forty years’ experience in the marine insurance industry joining Charles Taylor from average adjuster, Richards Hogg International, in 2001 as vice president of marketing and underwriting for Signal Mutual in Houston. He was promoted to Chief Operating Officer in 2005 moving to Wilton, CT. He was appointed President in June 2014.
David Marock, Group Chief Executive Officer, Charles Taylor said:"Richard has been instrumental in developing of Charles Taylor in America alongside Joe Roach. His deep knowledge of our businesses, entrepreneurial spirit and expertise in insurance markets make him the ideal candidate to succeed Joe and lead our management and insurance support services businesses in the Americas.
“I would like to thank Joe Roach for his remarkable contribution to Charles Taylor and to Signal Mutual. Joe was instrumental in founding Signal in 1986 when he worked at insurance broker McQueary & Henry. He joined Charles Taylor in 1995 to drive Signal’s growth and development. Under his leadership, Signal has grown from inception to become the largest self-insured group provider of Longshore benefits in the United States. This is a truly impressive achievement!”
Richard Wood, Chief Executive Officer, Charles Taylor Americas said: “I am extremely excited to be leading Charles Taylor Management Services and Insurance Support Services - Americas in the next phase of its growth and development in the world’s largest insurance market – it is a phenomenal opportunity. It certainly helps to have such a professional and well-respected 133 year old brand behind you.”