Aerospace insurance provider Global Aerospace is promoting Rachel Barrie to succeed Nick Brown as group CEO. Brown is retiring after serving with Global Aerospace for 17 years, initially as a chief underwriting officer and, since 2009, as group chief executive. Global Aerospace credited him with helping to establish a culture that fostered innovation and collaboration with clients and brokers globally and with leading the digital transformation.

“Nick has played an integral and pivotal role in guiding Global Aerospace. The company owes a huge debt of gratitude to him, and we respect his personal decision to retire,” said John Wilkinson, chairman of the board of Global Aerospace Underwriting Managers. “We thank him for his steadfast leadership and for developing a team that is poised to continue its future success.”

Barrie’s appointment, subject to regulatory approval, is set to take effect on January 1. Based in London, she has 18 years of aviation insurance experience and has been with Global Aerospace since 2007, most recently as group chief underwriting officer.

“Rachel is the right choice to lead Global through its next phase of continued growth and drive the future strategy for the company,” said Wilkinson. “Her deep market knowledge and expertise give the board full confidence that she will continue to provide dynamic leadership for our customers, employees, pool members, and shareholders."