Ensurance (ASX:ENA) appoints new CEO

• Ensurance (ENA) has appointed Mr Tom Kent as CEO, effective from January 1
• The appointment follows the company’s acquisition of underwriting agency, TK Speciality Risks (TKSR) of which Mr Kent was founder and managing director
• Tom Kent has worked in the insurance sector for both Australian and global insurers since 2004
• The CEO announcement also comes after Mr Nick Beswick’s appointment to the role of professional risks manager for the company’s Australian division, also commencing January 1
• Company shares are in the green up 6.1 per cent at 26 cents at market close

Ensurance (ENA) has appointed Mr Tom Kent as CEO, effective from January 1, 2022.

The appointment follows the company’s acquisition of underwriting agency, TK Speciality Risks (TKSR) of which Mr Kent was founder and managing director.

Subsequently, TKSR was rebranded to Ensurance Australia and Mr Kent continued in the same role.

Tom Kent has worked in the insurance sector for both Australian and global insurers since 2004.

Most recently, he was the professional and financial lines manager for Axis Specialty Australia in South Australia and is currently serving as independent director of insurance scheme, Lawguard Management.

The CEO announcement also comes after Mr Nick Beswick’s appointment to the role of professional risks manager for the company’s Australian division, also commencing January 1.

Mr Beswick will be based in Sydney, securing the foundation for East Coast expansion of the company in 2022.

Following Mr Kent’s appointment, Tony Leibowitz will revert to the role of non-executive chairman.

“Tom has many years of experience in the insurance industry and is well-placed to take the company forward,” Mr Leibowitz said.

“Tom, in combination with our Ensurance UK CEO, Tim James, will work collaboratively to ensure the Company continues its expansion plans and to deliver shareholder value.”

Ensurance shares were in the 6.1 per cent in the green at 26 cents at market close.