Coverys Appoints Naveed Anwar as Chief Financial Officer

March 3, 2025 by matray

Coverys has appointed Naveed Anwar as its chief financial officer.

Reporting to Coverys President and CEO Joseph G. Murphy, Anwar will oversee strategic initiatives focused on expanding growth opportunities and optimizing capital management to support the company’s long-term sustainability and organizational goals.

Anwar brings more than 25 years of financial experience, including the past decade as a CFO in the medical professional liability (MPL) industry. Throughout his career, he has played a key role in shaping financial performance, enhancing capital management, and transforming financial operations.

Leveraging his expertise in strategic finance, mergers and acquisitions, and leadership, Anwar will oversee corporate finance functions and lead financial analysis to support Coverys’ short- and long-term growth strategies.

“Naveed is a dynamic and accomplished financial strategist with an exceptional record in driving double-digital growth,” Murphy said. “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,” Anwar said. “The organization has taken a measured approach to portfolio diversification, sustained growth, and profitability that fortifies its long-term financial strength and stability. I am honored to have the opportunity to contribute to its mission of empowering healthcare providers by supporting the organization’s next phase of growth.”

Most recently, Anwar served as CFO at MagMutual Insurance, where he drove financial performance and value creation. Previously, he was CFO for the North American region of Catlin, part of XL Catlin, and held senior finance and consulting roles at AIG, American Express, and PwC across multiple international markets.

Anwar is a member of the Institute of Chartered Accountants in England and Wales and holds a finance and accounting degree from Kingston University in the United Kingdom.