Coverys, a provider of medical professional liability (MPL) insurance and healthcare risk management services, has named Naveed Anwar as its new Chief Financial Officer (CFO).
Reporting directly to President and CEO Joseph G. Murphy, Anwar will lead strategic financial initiatives focused on driving growth and optimising capital management to support Coverys’ long-term success.
With over 25 years of financial expertise, Anwar has spent the last decade as a CFO in the MPL sector, shaping financial performance, enhancing capital efficiency, and refining financial operations.
Leveraging his extensive background in strategic finance, mergers and acquisitions, and corporate leadership, he will oversee Coverys’ financial functions and provide data-driven insights to guide the company’s short- and long-term expansion plans.
Before joining Coverys, Anwar served as CFO at MagMutual Insurance, where he played a key role in driving financial performance and value creation. His career also includes serving as CFO for the North American Region of Catlin, part of XL Catlin, along with senior finance and consulting roles at AIG, American Express, and PwC across multiple international markets.
A member of the Institute of Chartered Accountants in England and Wales, Anwar holds a degree in finance and accounting from Kingston University in the United Kingdom.
“Naveed is a dynamic and accomplished financial strategist with an exceptional record in driving double-digital growth,” commented Joseph G. Murphy, President and CEO of Coverys.
“Furthermore, his experience driving international expansion through strategic initiatives solidifies his standing as a leader who is well-equipped to support Coverys’ global growth and diversification strategy. His appointment reflects our ongoing dedication to elevating operational excellence and driving innovation in an evolving industry.”
“Coverys has remained a steadfast leader in the medical professional liability industry for 50 years,” said Anwar. “The organisation has taken a measured approach to portfolio diversification, sustained growth, and profitability that fortifies its long-term financial strength and stability. I am honoured to have the opportunity to contribute to its mission of empowering healthcare providers by supporting the organisation’s next phase of growth.”
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