Elena Nakhratova

Insurance experience of Elena Nakhratova started as of 2000 where she joined the team to amend Insurance law in Republic of Kazakhstan. Elena has been very visible in the insurance industry and has been a frequent speaker at various industries and business forums. As CEO of CIS Risk Consultant Company, Insurance and Reinsurance Brokers in Kazakhstan, she has also played a key role in arranging and coordinating agreements with neighboring countries’ insurance companies as well as servicing various accounts in these territories and contributed to the development and growth of the CIS Risk Consultant Company.

She is MBA graduate and successfully pursuing her studies in CII London. During her activities she has created few insurance companies. She is CEO of the CIS RM Insurance and Reinsurance Brokers Ltd in Limassol, Cyprus.

CIS RM Insurance and Reinsurance Brokers LTD:


The directors and shareholders of CIS RM Insurance and Reinsurance Brokers LTD have over forty years of experience in Prime Global Insurance and Reinsurance Markets. During the past 25 years they have gained substantial knowledge and experience in Russian speaking countries by creating insurance brokerage offices and being involved in day-to-day activities with local insurance companies and Global Multinational Companies active in Energy, Mining and Subsoil and others.

Strategic Objectives:

Our short-term goal is to be known as a reputable and professional Insurance Broker and Consultant firm within the local and international markets with the expertise to design insurance and reinsurance solutions according to our clients/partners exposure to diverse nature of personal and business risks. We are proud to announce we successfully achieved this goal and now our medium and long-term aspirations are to be recognized as the leading independent professional Insurance Brokers/Consultants & Risk Management firm within Cyprus Market. international reputation is already established for the service we provide including access to quality rated underwriters.


As a progressive organization we are proud to have built-up a wealth of knowledge on the subjects of Insurance and Reinsurance including from the essential basic vehicle insurance to the sophisticated complex financial instruments described generally as derivatives or ‘hedging’ programs. Risk Identification, Analysis and Assessment of our clients’ business activities are central to our operations and our Risk Management Directors are available to be called upon to assist in identifying, secure, plan and provide risk management advice and solutions to minimize risk exposures.


Our Management philosophy is based on the following five primary principals:

  1. Encourage and adopt a positive attitude towards protecting the environment, especially the fauna, flora and natural beauty of Cyprus and its diverse cultures.
  2. The use of experienced professionals who have the ability to train nationals and younger entrepreneurs to understand the wider definition of insurance business, combining western techniques and innovation with local knowledge and business practices for the benefit of our clients and partners.
  3. The ability to tailor insurance and reinsurance products, including sophisticated financial tools to cater for the diverse requirements of our clients and partners.
  4. To keep up-dated and current with changes in the credit rating of Insurance/Reinsurance Underwriters as determined by rating organizations such as Standard & Poor’s. We believe it is essential that only financially strong and resilient Insurers/Reinsurers such as Lloyd’s of London, Munich Re, Swiss Re and similar secure markets offer continuity of professional excellence and financial security for our clients and partners.
  5. To respect the confidentiality of a clients/partners business at all times and only disclose to third parties that information, with the approval of the client, essential to protect the interests of the client/partner. “Integrity and Utmost Good Faith” is the motto of the insurance profession and CIS RM Insurance and Reinsurance Brokers LTD adhere strictly to this in all business relationships.

International Recognitions:

CIS RM Insurance and Reinsurance Brokers LTD has business relationships with all other international intermediaries whereby those organizations look to our company to assist in servicing specific business links.

The Team:

Our Team comprises diverse experienced personnel with extensive knowledge of Insurance, Reinsurance and Assessment of risks. The company conducts internal comprehensive training for them as well as organises seminars in London to get international experience.

John W. Rayner

Nationality: British/Bermudian

Professional Qualifications: Fellow of the Institute of Actuaries (UK), Associate of the Society of Actuaries (USA), Member of the American Academy of Actuaries, Member of the International Actuarial Association, Member of the Caribbean Actuarial Association.

Range of Experience: After qualifying in the UK with the Prudential, John came to Bermuda in 1972 with AIG and gained six years of experience in the US insurance and reinsurance fields.  For the next six years he worked for a Bermuda consulting operation formed by Conning of Hartford, Connecticut.  John has been the sole proprietor of Abbott Associates, an independent actuarial consulting firm since 1984.  In 1993 Abbott Associates signed a co-operation agreement with a Boston actuarial firm, retaining independence but acquiring access to international resources. During the past ten years, aside from his consulting activities, John took up the role of Chief Regional Actuary for Lucida Re (Bermuda) Limited. This reinsurer was a startup established to write new deals in block life and longevity business offered worldwide. More recently he has formed a strategic partnership with a small actuarial firm in Washington DC.

John is involved with a number of insurance and reinsurance companies and acts as Appointed Actuary and Loss Reserve Specialist for several of them. His clients include insurers, captive insurers and reinsurers, self-insured groups, health plans and trusts.  His experience includes pricing, reserving, feasibility studies, profit testing, reinsurance, statutory/EBS and IFRS/GAAP valuations, asset valuations, capital models and most other aspects of insurance and benefits business.  He has acted as an actuarial expert in court cases involving injury claims. In addition, John is a frequent adviser to governments in the region and sat on the Admissions Committee of the Bermuda Monetary Authority, the Bermuda regulator for more than 8 years. He was also a member of the Bermuda Hospital Commission for many years.

John has been actively involved with the development of modern insurance products and risk solutions and has spoken at actuarial conferences and is well known in Bermuda and to other insurance regulators. He currently sits on the board of several Bermuda based companies and is a full member of the Institute of Directors in London.

Professional History:

  • 1966 to 1972 – Prudential Assurance Company Limited (UK)
  • 1972 to 1978 – American International Reinsurance Inc. (then 62% of AIG)
  • 1978 to 1984 – Argus Conning (Bermuda and Hartford CT)
  • 1984 to present – Abbott Associates (Bermuda)

James Gearey

James Gearey spent nine years at Siemens Financial Services, where he led the integration of the UK and Nordic businesses, centralising operations, harmonising processes and introducing common systems. Before that, he was managing director of commercial finance UK at Siemens after joining from Aviva UK where he was director of partnerships in the general insurance business.

  • 2009–2017: Chief executive, commercial finance UK and Nordics, Siemens Financial Services
  • 2008–2009: Managing director, commercial finance UK, Siemens Financial Services
  • 2006–2008: Director of partnerships, Aviva UK
  • 2002–2006: Various leadership roles at General Electric including GE Money Partnership Services and GE Insurance Solutions
  • 2000–2001: Senior consultant, Accenture
  • 1993–1999: Sales executive and manager, Nichimen Europe

Firm Overview:

With over 300 years of heritage, RSA is one of the world’s leading multinational quoted insurance groups.

Focusing on general insurance, RSA’s core markets are the UK & International, Scandinavia and Canada, with the capability to write business across the globe.

We have over 13,000 employees across our core businesses, and in 2016, our net written premiums were £6.4 billion.