The global managing director of Kane, Roy Fellowes, is stepping down from his current role this year.
Fellowes will become a non-executive director of Bermuda, the US and the Cayman Islands.
It is expected that this will become effective in the summer of 2012.
Fellowes took up the post of managing director last June, and was previously CEO of HSBC insurance management.
Roy has over 32 years of experience in insurance and alternative risk programs for large corporations, groups and associations.
has specialised in placing and servicing financial institutions' insurance business and professional lines insurance, and in negotiating large insurance and reinsurance claims.