Andrew Lewis

CEO, Xitus

Session: Strategic Exit: Unlocking Value Through Legacy Solutions for Captives

Andrew is the Chief Executive Officer and founder of the Xitus group. He is an Associate of the Chartered Insurance Institute of both the United Kingdom and South Africa. Andrew boasts a wealth of experience with over three decades of owning and working with insurance and re-insurance companies.

Andrew initiated his career in Johannesburg, South Africa, in 1988. He later moved to the United Kingdom in 1991, where he worked in the London Insurance Market. Subsequently, in 1996, Andrew formed Baronscourt which had offices operating in London and South Africa, providing Insurance and re-insurance broking services.

In 2001, Andrew and his brother, Robert Lewis, jointly founded Global Alliance Holdings. Through a combination of acquisitions and greenfield startups, they developed an insurance group spanning into five countries. This venture collectively brought in turnover exceeding $300 million and employed over 250 people.

Between 2011 to 2014 Andrew and his brother, successfully through M&A, disposed of the 5 insurance companies in Global Alliance.

In 2015, Andrew jointly formed One Re, a UK licensed re-insurer regulated by the PRA and FCA. One Re operated alongside a sidecar MGA, One Risk Africa, underwriting on Sirius International and Arch paper. One Re’s portfolio transitioned to One Risk Africa in 2019, subsequently being acquired by DARAG Deutsche Versicherungs-und Rückversicherungs-AG and rebranded as Darag Legacy Ltd.

Andrew is now fully focused on legacy business and has made various investments into Legacy insurers since 2020.”