Novae recruits Cragg as COO

London market carrier Novae has hired Adam Cragg as its new
group chief operating officer.
Cragg moves to the company from Beazley, where he previously
served as head of operations for the UK and rest of the world,
having joined in 2008 as business technology manager.
He will report directly to Novae chief executive Matthew
Fosh.
The hire comes around a month after Bermudian carrier Axis
Capital announced plans to acquire Novae for 700 pence per
share.
Investors had appeared...