London market’s PoloWorks names CRO

Lloyd’s and London market insurance service firm PoloWorks has appointed Raphael Borrel as chief risk officer. Borrel joins PoloWorks from CNA Hardy, where he was director of risk management.

With a remit to lead the risk and compliance functions and oversee Polo Management Agency as well as PoloWorks’ business advisory and outsourced services, Borrel will report to CEO Paul Andrews.

Andrews said Borrel joins PoloWorks as it continues a trajectory of growth: “Raphael’s deep risk expertise will be an asset to the team at PoloWorks. His strong background in the market and knowledge of the risk and compliance sectors means he is well suited to help develop PoloWorks’ offerings and regulatory requirements. I’m looking forward to working with Raphael on reaching our strategic goals and another year of growth and exciting developments for PoloWorks.”

Borrel said: “At its core, PoloWorks is a consultancy that is constantly developing to meet the needs of the market and its customers. PoloWorks stands out in the market with its dynamic and ambitious approach to the optimisation of services for its customers.”