IML appoints Justin Doherty as its new President and CEO
- July 17, 2024
- Posted by: Web workers
- Category: Finance
Independent Management Ltd. (IML), a Bermuda-domiciled insurance management firm, has appointed Justin N. Doherty as its new President and Chief Executive Officer (CEO), succeeding Cyril H. Whitter, Jr. who is retiring.
After over three decades, Whitter, Jr. steps down, leaving a legacy of strategic vision, commitment to clients, and a resilient organizational culture. Under his guidance, IML weathered market fluctuations, expanded its insurance management footprint, and maintained its track record.
The company says new CEO Doherty has an “impressive track record and unwavering commitment to innovation and brings a fresh perspective to our organization.”
Doherty has over a decade of industry experience. He has held various roles at global insurers, which allows him to bring a unique blend of technical understanding and strategic vision to his new role.
Whitter expressed confidence in his successor and will continue to serve as strategic advisor to the IML management team, continuing to serve on the Board of IML, and join its parent company.
Doherty commented, “I am honoured to lead IML into its next chapter. Our commitment to excellence, resilience, and unwavering client support remains steadfast. Together, we will navigate evolving market dynamics, enhance operational efficiencies, and drive sustainable growth.”
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