People
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James Platt has previously held group COO and chief digital officer roles at Aon.
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Both Schlesinger and Sandford will report to Matt Humphries, head of crisis management.
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The executive will report to UIB LatAm CEO Carlos Gutierrez.
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Roth will be responsible for retroactive and prospective structured reinsurance.
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The group has promoted Defne Turkes to COO of its new international insurance unit.
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The appointment of additional non-executive directors is currently under consideration.
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Kirsten Valder has been with Arch for 10 years and before then was a partner at Kennedys Law.
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The appointment comes soon after the rebranding of the Richard Brindle-led business.
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Liberty Specialty Markets is recruiting for its hull team following a number of staff exits.
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The executive is to step back for personal reasons.
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Willett will be responsible for growing the FI team’s footprint and Nexus’ Lloyd’s box offering.
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The Lloyd's CUO warned against "calling victory too early".
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The carrier's UK portfolio will no longer be written with an in-house team.
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The executive announced his departure on LinkedIn, and his next destination was not disclosed.
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Heather Goodhew serves as a non-executive director at two other companies.
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She joined the carrier as an underwriting assistant over 11 years ago.
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It has appointed Daniel Johnson and Lydia Lambert to run the book.
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Hitesh Kotak has been appointed CEO for Japan, India, Korea and South East Asia.
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Some firms are outsourcing their recruitment to tailor for a younger generation.
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Ulrich Kadow will become global head of product management and underwriting transformation.
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Hunt has previously held the role of CUO for the commercial business at RSA.
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Dussuyer has also been appointed head of corporate risk and broking France.
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Insurance Insider revealed this deal in January.
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Alex Mott and Henry Brown worked in the hull and liability team at Price Forbes.
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Borrel will report to Paul Andrews, CEO of PoloWorks and Polo Managing Agency.
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The executive will be based in Zurich and report to international CUO Joerg Bruniecki.
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In his new role, Harrison will report directly to Adam Garrard, global head of risk & broking.
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Curtin has spent almost 50 years in the market with stints at Marsh and Sedgwick.
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The broker was part of a mass resignation from Guy Carpenter last year.
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Richard Chu joins from PartnerRe, where he was head of financial risks for Asia Pacific.
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Graham Knight will become chairman of natural resources.
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Simon Parrish will lead the next phase of Victor Insurance’s strategy.
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The Corporation also appointed Marc Lipman as president of Lloyd’s Americas.
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This publication revealed the appointment in November last year.
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Patrick Waters joins from CNA Hardy as underwriting manager for financial institutions.
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Terrence McDowell has been appointed as a managing director in the UK.
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Christine LaSala will step back from her board membership at the end of this month.
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The executive is also CUO of Axis Managing Agency.
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The broker has made a string of hires in its upstream energy division.
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The executive worked on projects with the firm when he was an investment banker.
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He will lead the development of the company's cyber portfolio throughout the EEA.
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Paire will be reunited with James Mackay in his new role.
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Sarah Hughes was appointed CEO at Howden Specialty in October 2023.
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Jane Poole’s career includes stints at RSA and PwC.
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Eric Paire has been at Aon since 2018, having joined from Guy Carpenter.
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Kirby will focus on how acquired businesses integrate into group structure.
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The move reunites Green with fellow Besso alumnus Dowman.
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The expansive carrier has hired heads of marine for France and Spain.
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James Williams joins from Price Forbes, and Steven Taylor from Howden.
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The unit has hired Everest’s Chris Curtin and Axa XL’s Brian Quinn.
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The firm launched late last year in the US with a $250mn capital injection, and has also acquired a UK platform.
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Soon Keen Lee succeeds Mark Newman, Canopius’ new UK CEO.
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We take a look at the outgoing CEO’s performance as he prepares to handover to CorSo CEO Andreas Berger.
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Charles Craigs will oversee Ascot’s sidecar and other third-party capital vehicles.
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Catalina Romero and Iain Bird have been added to the trade credit team.
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Simon Morgan will succeed Sam Geddes as head of property and allied lines.
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Andreas Berger will step down as CEO of Swiss Re CorSo on 1 July.
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He will succeed retiring Daniel Neo, who will remain at Sompo for the year.
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The executive brings over 30 years of (re)insurance experience to the role.
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Doppstadt and Paglia have served on the board for 14 and 10 years, respectively.
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Joe Morrello joined the firm in 2022 after serving as E&S property head at Beazley.
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Rates continue to trend downwards in the D&O class of business.
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He was previously head of underwriting management and deputy CUO for Axa XL’s marine segment.
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The move comes as rates continue to decrease in the D&O class.
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He will oversee the syndicate’s catastrophe modelling capabilities.
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He spent most of his career at Talbot, bar a stint at Lloyd’s.
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The team of brokers worked for the recently acquired Protean Risk.
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Ben Savill replaces Jeff Saper, who is moving into a fac role.
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Miller also appointed three other WTW brokers to its onshore energy team.
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The exit comes after Fidelis restructured into two separate firms.
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Leigh Hellrung joins from Farmers Insurance, where she worked for 11 years.
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Kelly was recently appointed to head up the product recall book at Axa XL.
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In 2023, CVC acquired a majority stake in Dale to support business growth.
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Leahy has worked in the London market for almost a decade.
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Allen succeeds Cliff Easton, who is retiring after a 50-year career.
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She joins from CNA Hardy, where she spent over seven years.
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Last year, SiriusPoint's Masojada was added to the advisory board.
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This publication revealed Chubb was planning to re-enter the London TL market.
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He joins from Odyssey Re, where he was treaty underwriting VP.
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The underwriter will report to Kristina Maffit.
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The recruit will run E+S Rück and part of European reinsurance.
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If you only read a handful of stories this week, make it the selection below.
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Based in New York, the executive will report to global head of casualty Josh Everdell.
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The move reunites Van Leuven with former colleague Kristof De Bremme.
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Coppola was also a member of the NA exec management board.
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Mitha joined Compre in 2022 as chief actuary, North America.
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Vanessa Hardy Pickering and Lester Pun have also been promoted.
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The carrier is also nominating Geraldine Matchett to its board.
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The underwriter was overseeing MGA Kersey Specialty’s pivot to renewables.
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The marine hull market is looking to retain rating robustness in 2024.
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Impressive results in 2023 will mean big payouts.
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Five regional leaders have been appointed for P&C and life and health.
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The firm hired Kami LaBerge and Egbert van der Graaff.
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Claire McDonald will leave the carrier as part of the transition.
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He has spent more than six years at the legacy firm in various senior claims roles.
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Dan Osman will take over as active underwriter for Syndicate 4711.
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Lloyd's will optimise its cost structure to offer benefits of scale.
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Sven Wehmeyer, Jodie Arkell, Hugh Brennan and Ed Cruttenden have new roles.
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The pair hail from Miller and Aon respectively.
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Beazley also confirmed the appointment of CFO Barbara Plucnar Jensen.
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Patterson will also serve as chair of the audit committee.
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The exit follows the broker moving its Climate Risk Advisory function into its Risk Capital segment this year.
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The challenger broker is continuing to build out its presence on the island.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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The target was initially set in 2020, with a deadline of December 2023.
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Mo joins from Chubb, where she was country manager for Sweden.
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The former MS Re CUO brings over 30 years of industry experience.
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He was executive managing director in Aon’s wholesale treaty team.
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Larson and Godlis will be based in New York and Mohamed will be based in London.
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Estevam Souza joins from Sompo Seguros.
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He joins from Howden Tiger, where he was the international head of analytics.
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Will Curran joins from Tokio Marine Kiln Syndicate 557.
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The broker has also appointed Charlie Liddle and Rowan Minhas to the team.
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Talbot has lost a trio of PV underwriters to Ark in recent months.
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Marty Becker was previously chair of QBE Insurance and Alterra Capital.
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Mike Smith will step down from his role on 31 March.
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The executive served in the role since January 2023.
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He succeeds WTW’s Alastair Swift, who has been chair since 2022.
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The executive left OdysseyRe last August, as this publication revealed at the time.
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Alexander Baker was a senior PV, war and terrorism underwriter at Axa XL.
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Paul Thomas was also appointed head of sports, media and entertainment.
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He joined K2 International in 2014 and established K2 Financial.
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The facility offers a range of $25mn-$50mn in excess capacity.
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Shallow will also become joint active underwriter for Syndicate 2999.
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Tim Bluck joins as a partner, covering UK clients.
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Jill Beggs has been named chief operating officer for reinsurance.
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Interim CEO Joe Gordon’s tenure will end after a handover period.
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Royal and Underwood also join the capital, advisory and placement surety team.
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Sarah Moses has more than 15 years’ marine experience.
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Moss was previously chairman of Kentro Capital.
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The executive will lead strategic initiatives and hire talent.
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Finan was VP of construction and infrastructure at Marsh.
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She stepped into the role on an interim basis in August 2023.
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The company is a key player in algorithmic underwriting.
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Ross' appointment marks the first of four hires to the new business lines.
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Head of FI Samantha Shean is leaving Axis to join Aviva.
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Irick moves into a group role, with current CUO Shaw stepping up.
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Plus all the latest executive moves and the top news of the week.
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The MGA previously hired Sara Valentine from Brit to launch in energy.
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The senior energy underwriter exited amid a strategic pivot at the MGA.
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The MGA has also hired Axa’s Rob Corner and IQUW’s Catherine Farnworth.
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Talbot is rebuilding its PV team after a December Ark and Chaucer raid.
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The recruits join from Ardonagh, Guy Carpenter, Howden and Miller.
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Rance’s remit will include credit, marine, cyber, parametrics and motor.
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The carrier has been hiring after the launch of a new specialty practice.
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The former Accredited CEO spent most of his career at Aon Reinsurance.
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The executive has over two decades’ experience in the market.
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Kennedy previously worked as an energy broker at Aon and Marsh.
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Price Forbes will become the dominant brand, while international CEO Ferguson will exit the business.
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The outgoing NA CEO joined the legacy carrier in 2022.
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Scor’s Nicola Hannay has been appointed head of power generation.
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The carrier confirmed the appointments of Barrett and Tinworth to the property team.
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He joins from Ardonagh, where he was a technical account manager.
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Speakers said using chat bots to explain coverage would be a key help.
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Duties will include setting strategic direction in marine, aerospace, and specialty niche lines.
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The appointment follows the resignations of Shaun Russ and Ian Davidson.
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The carrier has rebranded its UK entity from MSI EU to MSIG UK.
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Shannan Fort was a partner in McGill’s FI and cyber team.
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The broker has been adding to its capabilities in the region.
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The team will be led by Alejandra Hernandez Irizarry and Courtney Alonzo.
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Paul Western has been promoted to head of hull underwriting.
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The carrier has also hired Henry Henderson from Liberty.
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Nick Frankland will succeed Martin Pike as chair in May.
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The incoming cyber head previously held roles at RSA, WTW and Aon.
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The hire has 20 years’ experience in asset management and corporate finance.
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Jack Broadbent left WTW to join CFC in June 2023.
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Ditte Deschars will be moving into the chairperson role for EMEA.
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She will report to Ken Norgrove, CEO UK & International.
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Stennett joins from Allianz Trade where he was commercial director of UK and Ireland.
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The broker also announced Rob Geraghty as her successor.
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David Shalders will be based in London and report to CEO David Howden.
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The carrier has also hired Craig Bedford as specie underwriting manager.
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Travis Bowles was international head of claims at Axis.
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The executive will work to grow the broker’s affinity proposition in the UK.
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The A&H reinsurance underwriter was launched by Peter Wilkins at the end of last year.
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The code has been launched by the Code of Conduct Claims Working Group.
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Anderson first joined Scor in 2017 as a senior cyber and technology underwriter.
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The appointment comes following the appointment of Ahad Khalid as head of power.
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Spenner will succeed Tony Melia, who is retiring later this year.
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He is succeeded by interim co-CEOs Andrew Wheeler and Russ McGuire.
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Green has resigned as head of UK underwriting construction and engineering.
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He will take up his new role in September.
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He will report jointly to Melanie O’Neill and Ronald Bolaños.
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The carrier is expanding its marine footprint in 2024 through its Lloyd’s and London branch.
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The Fidelis underwriting unit’s Paul Calnan and Danny Joyce are set to depart.
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John Symms had been at the firm since 2020 and previously worked at Talbot.
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She replaces Mark Walker, who moved last year to become head of national business for the UK.
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The carrier made four new hires to the global credit and political risk team.
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The carrier is rebuilding its energy underwriting team after a number of staff departures.
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Conduit said the reduction in interest rates over H2 2023 led to "substantial investment portfolio valuation gains”.
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He will be replaced by current COO Mikio Okumura, who will assume the role of CEO effective 1 April 2024.
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Jose Antonio Álvarez served as group CEO of Santander from 2015 to 2022
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The news comes after Markel acquired a 49% stake in the business last year.
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Insider Brockman will pick up the EU role on an interim basis.
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The executives join as representatives of the Lloyd’s Market Association and International Underwriting Association.
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Dale Willetts joins from Sompo International, where he held the role of executive vice president, head of specialty lines.
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He will be responsible for the day-to-day operation of the business.
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The executive has headed up Marsh’s Pacific region for the last four years, having joined via the acquisition of JLT.
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The appointments were revealed by this publication in August, as well as Dave Woolley's appointment as executive director of legal indemnities.
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The senior upstream energy broker departed Marsh last autumn.
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It emerged in November that the carrier’s construction head Daniel Abramson was leaving the business.
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She will report to Carol-Ann Burton, ASML director and general counsel for Argenta Group.
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The executive joined the legacy carrier as CIO in 2020.
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The executive’s career includes stints at Acappella and Amlin.
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Based in Singapore, Jess Au will succeed Ophelia Szeto, who is retiring from the role.
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Michael Creighton joined WTW in 2019 as an executive director within the financial solutions team.
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Chuck Volker has been with Everest for more than 20 years, most recently serving as SVP, head of US property and specialty.
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The executive will lead for the EMEA region in its strategy and development business segment.
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Rice has been appointed as senior underwriter and head of business development for Europe.
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Adrian Jones will report to Acrisure’s president of global insurance Grahame Milwater, a spokesperson for the broker confirmed Tuesday.
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The timeline for the centre launch was announced at last year's CFC Cyber Forum, in which CFC's then CUO described the launch as a “coming of age for the cyber market”.
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High staff turnover in the cargo market is continuing this year, following elevated movement in 2023.
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Price Forbes has been hiring across specialty lines, and recently appointed Howden’s cargo head Jonathan Eaton.
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The executive joins the company as it looks to bolster its reinsurance capabilities.
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It was announced earlier today that former Aspen UK CEO Richard Milner was set to join Chaucer as group CEO.
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In his new role Bolaños will report to both Matthew Moore, Liberty Global Risk Solutions (GRS) president of underwriting, and to Phil Hobbs, LSM president and MD.
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Milner was appointed CEO of Aspen UK in 2020 and has held a number of senior roles within the market.
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Both executives will report to CEO Guillermo Eslava.
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Effective immediately, Wolfe will help drive growth strategies across the region. He will also lead Guy Carpenter’s US facultative business alongside Frank Guerriero, chairman of Guy Carpenter Facultative.
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Clayton will join the carrier’s global credit and political risks team, reporting to James Wilson, head of credit and political risks.
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The resignations will see Russ and Davidson reunited with fellow Axa XL alumnus Mark Hutton, who joined Tokio Marine HCC as head of crisis management last year.
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In October 2023, it was announced that Powell was leaving Marsh to join WTW as the broker’s global chief claims officer.
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The broker’s focus in the region will be on financial and professional lines, construction, and property.
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Graham Silton will move from his current position as manager for liability and cyber in Asia Pacific.
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Gill White will remain interim CEO of the CII until Hill’s arrival in early April.
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Sutcliffe steps into the role vacated by Jon Bartlett, who retired at the end of 2023.
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The appointment follows Dale's completion of its deal with CVC to support business growth.
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Siemens Gamesa is one of the world’s leading renewable energy manufacturing companies.
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Ashwell is widely regarded as one of the architects of the standalone terrorism market that emerged after 9/11.
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The former WTW and Ardonagh executive joined Aon two months ago.
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The carrier has been growing its financial institutions team and recently appointed Mark Warrilow from Price Forbes.
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The senior underwriter has 35 years’ experience in marine business.
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Gaughan took over the leadership of SiriusPoint’s energy underwriting operation last year.
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The carrier has made numerous energy and power appointments in recent months.
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The business will bring together aviation, marine, cyber, engineering and parametric solutions.
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Prior to his resignation, Stubbs held the role of deputy class underwriter at Chaucer Group.
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Jon Colello will become president in the management shake-up.
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Canopius has also appointed Uwe Schoberth as head of distribution, US and Bermuda.
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The executive has spent 20 years in the industry.
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The broker has seen several changes to its senior UK leadership in recent months.
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The company was launched last summer by Paul Jewell, with backing from PE house Flexpoint Ford.
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The broker grew by 35% in 2023 and is looking to reach gross written premiums of $1.4bn by 2026.
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Carmen DeSilva will help build out QBE Re’s Bermuda specialty reinsurance business.
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Mark Wallace replaces Paul Tester, who has been appointed SVP, executive advisory director, international reinsurance.
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Salvatore Sama has been named global product head for casualty, while Jane Farren has been named global head of financial professional lines.
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The global segment leader for power generation moves to Tokio Marine HCC soon after his colleague Nicola Hannay.
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The executive will retain his role as European CUO alongside the new position.
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Gareth Wharton announced his exit after nearly 18 years with the company in a post on LinkedIn.
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He replaces Mark Stephenson, who is leaving Liberty to join Ardonagh.
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The new team is one of several the broker has set up in the past 18 months.
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The incoming executive previously spent 17 years at AIG, most recently as head of financial lines for MENA.
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Benjamin Weber is set to retire in early 2024 after 25 years at the carrier.
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The company announced in March last year that the executive was set to retire.
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Darren Bailey joins from Roosevelt Road Capital Partners, where he was director of capital markets.
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Ollie Spells joins from Guy Carpenter, where he was a senior producer in the broker’s UK facultative property team.
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Amanda Blanc was granted the title for services to business, gender equality and net zero.
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The executive has more than 25 years’ experience in the industry.
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The new unit, led by Hiscox 33, will launch with a $5mn line.
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Separately, sources said Swiss Re Miami-based head of auto overseeing the motor portfolio for the LatAm region Carlos Ricci has also left the reinsurer.
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The professional risks portfolio is underpinned with Bridgehaven capacity.
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The carrier is targeting the line of business as part of a wider strategic push in international insurance.
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We look at data trends that shed light on the past year, ranging from growth plans at Lloyd’s to personnel planning, uncertain IPO prospects and the unexpected trends from Florida losses.
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The underwriter has spent the past 12 years working as a senior marine underwriter at RSA.
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Informal conversations to scope out candidates have already been conducted, with an executive search firm expected to be appointed as early as January.
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Andrew Guarnori joins from Swiss Re, while Ashish Ahluwalia was previously head of reserving.
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The acquisition was “amongst the most significant” the broker has made in Continental Europe, according to Howden.
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Peter Riihiluoma will succeed Richard Sammons, who is set to leave the business.
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Robert O’Leary, managing executive officer at Tokio Marine Holdings, has resigned from the company.
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The executive joined the group five years ago.
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IGI writes a worldwide upstream energy book, with a lead underwriting capability and maximum line size of $75mn.
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Charlotte Macey started her career at CNA Hardy in 2008 and was most recently class manager for property D&F.
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The incoming SVP will be responsible for growing the MGA’s energy and engineering books in Latin America and the Caribbean.
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The carrier has hired Ed Atkin, Piers Harding and George Wallace from Talbot and Callum Bennett from Chaucer to run the new book.
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Director of aerospace David Godley had been at Nexus since its acquisition of aerospace MGA Altitude in 2018.
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Koscondy will set the global production and distribution strategy of all of Beazley’s cyber business sub-$250mn.
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George Quinn has worked at Zurich for a decade and will oversee the completion of Zurich’s 2023 annual results.
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The executive joined Gallagher in 2015 as COO of its international division.
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The casualty-focused MGA was launched in March by Argenta deputy active underwriter and head of casualty Bradley Knight.
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The carrier has also appointed Tom Hillier’s Brit colleague Graeme Ivory as director of international casualty.
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The broker, who has worked at Marsh since 1989, will report to John Donnelly and Chris Lay.
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Mike Gosselin steps into the role vacated by Luis Prato, who left the carrier earlier this year to join LSM.
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Alex Coulton previously held the role of construction underwriter at Axis Capital.
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Howden was the most active acquirer as people-move activity peaked in Q2, this publication’s data showed.
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The pair joined the Ryan Specialty subsidiary from ANV.
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Wolfram Schultz joins from Axa Global Re, where he was head of underwriting and group protection liability and specialty.
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The newly created role will see Frederico Spagnoli oversee Chubb’s consumer lines in 51 countries.
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Dual France will initially offer financial lines, professional indemnity, cyber, construction all-risks and title and M&A insurance.
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Woolley joined Aon in 2019 as an associate director and has previously worked as head of broker distribution for First Title Insurance.
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Barr’s resignation from his previous role as head of marine at CNA Hardy was first revealed by this publication in July of this year.
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The incoming AGCS CEO joined the carrier in 1998 and was most recently CEO of Central Europe.
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The underwriter will work with product leaders across regions to deliver a global product offering for international clients.
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Gamze Konyar has been promoted from her prior role as head of Marsh’s cyber practice for the Central and Eastern Europe and Eastern Mediterranean regions.
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Yesterday, this publication reported that James Mackay was set to depart from his previous role at Aon Reinsurance Solutions.
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Clive Bolton, CEO of M&G Life Insurance and Tara Foley, CEO of Axa UK and Ireland were also appointed to the board.
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The MGA writes business including forestry, surety and financial lines, and was granted Lloyd’s coverholder status in July.
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Sources said the executive will join Mitsui Sumitomo in a leadership position based in Brazil.
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The former Aegis London CEO joins former AIG, Marsh McLennan and Ace CEO Brian Duperreault at the start-up.
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James Davidson will become CFO, and general counsel Benoit Waltregny will assume the additional role of deputy CFO.
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Theo Butt of Convex, Aviva’s Matthew Gordon and Markel’s Simon Wilson have been elected deputy chairs.
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Gina Butterworth, Margarita Hutley and Holly Shepherd will join the broker representative’s board.
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The executives will look to bring the company’s full suite of products to clients.
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The carrier has made several senior hires in energy and construction this year.
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Rob Newbold joined Verisk in 2002 and has held several roles, serving most recently as COO of extreme event solutions.
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Head of Lloyd’s relationships James Mackay joined Aon in 2019 after a 25-year stint at Argenta.
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Other early users include Amwins, Aon, BMS Group, Consilium and Costero.
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Anthony Erotocritou is now group chief commercial officer, as Andrew Wallin takes the specialty helm.
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Last year, the B2B credit InsurTech raised $15mn in Series A fundraising as it looks to continue building its team and expand globally.
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The former Argo executive will join the MGA on 1 January, pending regulatory approval.
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Stan Galanski most recently served as president and CEO of The Navigators Group until its 2019 acquisition by The Hartford.
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RedRiff Agency will underwrite A&H insurance and reinsurance through a Lloyd’s consortium led by Beat 4242.
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The broker is hiring in energy following the departure of several downstream brokers for Price Forbes.
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The broker’s global marine team services global premiums of $3.9bn across marine classes.
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Canopius will write a 2.5% line on the multi-class facility, while Axa XL will write 1%.
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The underwriter will work in the retail property team at BHSI serving the central region.
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Current marine head Laurence Humberstone is set to retire after 19 years at the carrier.
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The brokers will work in the contingency team headed up by Ian Tomlin.
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Tokio Marine HCC restructured its marine, energy and renewables division earlier this year.
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Woodhouse will be based in London and report to Ed Winter, director of terrorism.
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Hansen’s role will be effective after a transition period with departing COO Chris Brook.
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Oliver Bäte joins Bret Johnson, CFO of SpaceX, and Coalition co-founders John Herring and Joshua Motta on the board of directors.
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The UK division will be the only UK MGA outside of the London market focused solely on writing product recall insurance.
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The downstream brokers will join Price Forbes alongside former colleague Dan Nicholls, who left Miller last month.
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Brokerslink has appointed Antony Erotocritou as a board director representing Ardonagh Specialty.
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The GBC in London will be led by Mark Parker, supported by Cynthia Beveridge, as Joe Peiser moves to London.
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Abramson was hired to head up the construction team at Aviva in July amid a restructuring of its commercial lines business.
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The line of business entry will be via its AdA SPA 2024, which will begin underwriting in 2024.
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Cunningham will be taking on the role from Tom Milligan, who has been active underwriter since 2018.
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Allianz Trade recently announced that Stennett's role is being taken on by Peter Evola.
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The latest class of business entry forms part of the carrier’s ongoing international insurance expansion.
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Current Lonmar CEO David Pexton will also step away from his executive responsibilities to support Coles.
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The firm has also promoted Swee Keong Mah to CEO of Everest Insurance Singapore.
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It is understood that Hutton has resigned from his previous role as global product head of product recall at Axa XL after six years with the carrier.
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London’s insurance market is booming in some ways yet still has multiple challenges to address.
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Deans joins from CNA Hardy, where she was a property underwriter since 2010.
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As part of the changes, former Andean CEO Alejandro Gregory will take over as LatAm chief commercial officer.
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The business is targeting expansion after receiving investment from Apiary Capital in July.
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The D&O market continues to soften, following several years of substantial rate increases.
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Martin Ford joins the broker following a 26-year-stint at Gallagher Re, formerly Willis Re.
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The carrier has made numerous hires across its marine team as part of an international insurance buildout.
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Current CEO Thomas Bradley, who announced his intention to retire on the closure of the deal, will receive a one-time cash bonus of $1.2mn.
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The executive will retain her parallel role at Artificial Labs.
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The incoming cyber head was previously head of cyber for Marsh Europe.
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The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.
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Competition for talent has led to high levels of staff displacement in the marine hull market.
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Ablett is currently QBE’s global head of trade credit and surety and has headed up its global credit team since 2018.
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The appointment comes following the resignation of Jo Reynolds, who is joining Axis.
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Interim UK CEO Kate Roy will step down from the position but retain her role as group COO.
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The executive will work to grow the company’s MGA proposition and expand in key international markets.
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International treaty head Angus Milgate and reinsurance partner Simon Coles will leave the business.
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There is an increasing focus in the casualty reinsurance space on social inflation and litigation funding trends.
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The incoming A&H head brings over 22 years' underwriting experience.
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Global P&C CEO Jean-Paul Conoscente, acknowledging a "heavy" quarter for attritional losses, said the carrier had taken action that should lead to ratio improvements over time.
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Edward Hart joined Aspen in February and has previously held roles at Brit and Barbican.
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Camacho joins BMS after over three and a half years at Tysers, where he served as vice president based in South Florida.
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John Owen has been with Axis – and Novae prior to its merger with Axis in 2017 – for 19 years in underwriting and leadership roles.
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He joins from Allianz commercial where he currently holds the role of senior property underwriter.
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The senior retro/specialty broker spent 26 years at Willis Re, which was acquired by Gallagher in 2021.
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The number of staff retained contrasted with more dramatic cuts made after the acquisition of Tokio Millennium and Platinum.
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Albert Benchimol brings more than 40 years of industry experience, having previously been CEO and president of Axis Capital Holdings.
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Alexander will join after his competitive restrictions are up.
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Richard Sandor is widely regarded as being the architect of interest rate derivatives when he served as the vice president of the Chicago Board of Trade.
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Adias Gerbaud will be responsible for developing underwriting strategies, optimising product offerings and driving profitability for Axa XL in Europe, Asia and Australia.
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The Corporation’s head of culture Mark Lomas said: “We know we can’t undo the past, but we can do something about the inequalities we see today.”
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The incoming chief exec was previously chief risk and strategy officer at TransRe from 2014 to 2023 and was CUO and held other strategic planning and underwriting roles at Harbor Point Re from 2006 to 2013.
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Aon’s Global Risk Management Survey also places failure to attract or retain top talent in the fourth spot.
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The board – chaired by hedge fund chief David Einhorn – is about to name a successor.
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Patrick Bousfield is understood to have resigned from his current role as senior broker at Lockton Re Bermuda.
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The firm sees "huge opportunity" in Europe for growth in the MGA and fronting space.
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Stuart Williams, currently war practice leader, will become head of new business.
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The executive has been in post since September 2020.
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He joins the cyber specialist from Aspen where he held the role of international head of cyber since 2019.
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Donnelly will take up the role on 1 January 2024 and will be responsible for Marsh’s retail and wholesale broking activities.
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Marc Wanless has been with Aviva since 2010 and stepped into his new role on an interim basis in July.
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Eaton is currently the managing director and global head of cargo at Howden Specialty.
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Barrett was previously senior vice president, P&C specialties at Lockton.
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This publication confirmed the move in September
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Martina Neary succeeds Rodney Bonnard, who has led the UK insurance business since 2015.
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Current EMEA CEO Eduardo Dávila is to leave the firm to “pursue the next chapter” of his career.
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Tim Mardon will become CUO at Aspen Bermuda Limited and a member of Aspen Re’s leadership team.
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The senior broker will initially focus on hostile environment and kidnap and ransom lines of business.
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He succeeds James Galloway, who is set to retire at the end of the year.
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The broking executive had a key role in the launch of Marsh’s Fast Track facility.
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Work is at an exploratory stage, with efforts focused on London specialty and US P&C mid-market expertise.
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He currently serves as commercial director of Pen’s hazardous goods and environmental industries niche within its specialty division.
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Mitchell confirmed the launch of consultancy firm Squared – The Power of Two in a LinkedIn post.
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Steve Postlewhite left QBE Re, where he served as managing director and CUO, last year..
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Rory Morison was hired last month to lead the Australian business.
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Having joined the firm in 2021, Donagh Regan was previously a senior casualty underwriter.
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He will be succeeded by Jon Sullivan, currently deputy group CUO and active underwriter for Syndicate 2987.
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She has previously worked at Argenta, joining in 2010 to grow the firm's energy portfolio.
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The class underwriter has spent more than two decades with Brit.
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The executive left the company in June following a period of medical leave.
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Brenna Westinghouse joined Beazley in 2017 after 14 years at Marsh.
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The new leader’s career includes stints at WTW, Marsh and Allianz.
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Aon’s three-year plan will allow the firm to go “further faster” in serving clients with increasingly complicated needs, as well as creating additional operating leverage that will create the opportunity for Aon to deploy capital more broadly, CEO Greg Case told this publication.
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The carrier also made several other senior leadership changes across many of its business units.
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Chiew joins from Axa XL where she as a senior war, terrorism and political violence underwriter.
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The executive’s career to date includes key claims roles at Chubb and Swiss Re.
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Sutcliffe will succeed Jon Bartlett, who is set to retire.
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Carr has spent over 20 years in the market, holding several leadership positions at Tokio Marine HCC, Axis and others.
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The carrier has been in hiring mode in recent months after staff exits earlier this year.
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The carrier is looking to extend its insurance offering to mid-sized UK businesses.
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The appointment will be effective upon completion of CVC’s move to buy a majority holding Dale Underwriting Partners.
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Pierro will be responsible for establishing operations in France and growing the company’s European cyber insurance portfolio.
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Simon Burton has been CEO of the Cayman Islands-based total return (re)insurer since mid-2017.
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The departure of the president of North America retail was disclosed in an internal company memo.
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Current cyber brokerage leader for the US and Canada, Meredith Schnur, will succeed Reagan as cyber practice leader, US and Canada.
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Karna has previously served as global chief data officer at Axa XL, while Gauthier is the former chief investment officer of Allied World.
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Huy joins Dual from German insurer Gothaer, where he most recently served as head of liability and financial lines.
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Brailey joined Amwins in 2011, and is currently divisional director, head of professional risks wholesale insurance.
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The underwriter will retain his responsibilities as lead underwriter for credit and political risk.
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Hema Mistry returns to the UK to run the finpro division, following a stint at the broker in San Francisco.
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The departure follows the recent resignations of CUO Paige Stiefel, head of claims Lyric Lewis, and actuary Alizee Graf.
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Parle joins Lockton from Icen Risk, where he led a transactional IP risk team.
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Podmore joins from Swiss Re, where he held the role of lead cyber underwriter.
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The onshore energy broker has more than 15 years’ experience in the sector.
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Valencia will drive the carrier’s strategy for portfolios including panels, facilities, MGAs, bancassurance and other forms of delegated authority.
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Plus, all the latest company results, executive moves and top news from the week.
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In June of 1999, Marsh McLennan acquired a 51% stake in the brokerage and merged its various operations with existing units including Guy Carpenter and Mercer.
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Samantha Shean has been named head of FI, while Duncan Goddard and Kate Albert have joined as a senior financial lines underwriter and PI underwriting manager, respectively.
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The incoming head of Europe spent 17 years at Aon, most recently as chief commercial officer of the broker’s EMEA operations.
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Carlton Maner is stepping down after having served at AXIS for almost 22 years.
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The exercise is understood to involve mainly junior and non-broking staff.
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Lockton is hiring in financial institutions following the departure of several staff to join Bishopsgate.
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Jose Carlos Jiménez Fernández and Rafael Ortiz Losada have joined the company as senior underwriters.
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The 30-strong segment will combine reinsurance and capital markets with data, analytics and technology.
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Caccamese spent nearly six years at rival broker Guy Carpenter prior to joining Aon.
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Bohm joins from Swiss Re Capital Markets, where he was head of structuring for the Americas.
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The executive was Marsh McLennan’s global chief claims officer and will join WTW early next year.
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Pat Tomlinson will also step into the role of president and CEO of Mercer and vice chair of Marsh McLennan when his predecessor, Martine Ferland, retires in March 2024.
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It is understood that Padin will take on a treaty role overseeing client relationships across LatAm and the Caribbean while Martinez will lead fac re for Central America.
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Elke Vagenende will lead the newly established region, completing Allianz’s leadership team across 11 regions.
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Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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The hire comes as group CUO Alan Telford plans to leave the business next summer.
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The two rival brokers have reached an out-of-court settlement over the poaching of 38 Guy Carpenter staff by Howden.
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The appointment follows the recent hire of Pascal Carrer as head of casualty in Switzerland, and David Corrigan as head of property.
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Mark Shumway joins from Howden Capital Markets, where he has been managing director since 2020.
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He joins from Global Parametrics, where he was head of partnerships and business development.
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Leahy joins the carrier after just over a year at TMK as divisional head of airline.
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Mark Jenkins becomes chairman of the global credit and political risk team.
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Francisco Torres joins UIB as CEO of the Miami operation after a stint at Price Forbes and Ed Broking.
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The appointments follow the retirement of CEO Andrew Brooks and the consequent resignation of former directors on the Lloyd’s board.
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The trio will head up the liability, property and motor fleet divisions.
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Richard Burnett will take up the strategic position as head of cargo underwriting.
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He succeeds Steve Redgwell, who will become chair of the division.
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The carrier launched its offshore wind proposition at the beginning of the year.
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The MGA has promoted Rehan Hussain to head of underwriting for international and Tom Ryan to head of cyber for UK, Ireland and the Nordics to guide the expansion
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The marine build in London is part of the carrier’s primary insurance expansion strategy.
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Upstream energy broker David Patten has also left Marsh.
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The MGA has hired MS Amlin’s Aram Stoop and Pim de Pooter for its marine hub.
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Staff movement in the marine class exceeds that in all other lines of business.
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Grant Baxter joined the business last year and was named CUO in a restructure under CEO Andrew Carrier.
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Rowley brings over two decades of experience, including nearly five years at WTW most recently and a 16-year-stint at Brit.
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Aon Re Brazil CEO Antonio Jorge Rodrigues and four other executives have left the firm and are expected to join rival broker Howden, this publication has learned.
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Jay Payne has been with Marsh since 2019 and was head of retail and cargo sales leader.
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Matthew Narbett will continue in his role as active underwriter of Syndicate 2010, while Colette Murphy has been promoted from deputy head of D&F.
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In the new role, Giulio Terzariol will take on responsibility for the firm's insurance business units.
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Bianconi joined Aspen in 2016 and has held a number of roles including, most recently, as head of US cyber.
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The carrier is looking to grow its direct underwriting capabilities, focussing on the offshore wind market.
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A completion of the investment by the continental PE firm has coincided with the appointment of Emmanuel Clarke as BMS Group chairman.
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The Manchester-based role will see Houghton managing the firm's financial risks portfolio.
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The carrier is rebuilding its financial lines team following a number of staff exits from the division.
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The leadership change follows Howden’s landmark acquisition of TigerRisk at the beginning of the year.
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The incoming president succeeds Christian Lay, CEO at Marsh McLennan UK.
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He joins from Hoerbiger Holding, where he was head of corporate risk and insurance management.
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Stevenson was formerly SVP at Aon Special Opportunities Group, and de la Haye was previously head of resolutions at Augusta Ventures.
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He will be responsible for oversight of all aspects of the practice and leading the firm's growth in the market.
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The executive will oversee all aspects of managing direct insurance operations at the business.
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Nichols joins from Aeolus Capital Management, where he’d served as a portfolio manager after previously spending nearly a decade at Guy Carpenter.
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ESG targets and the growth trajectory of renewables is attracting capacity to the class of business.
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Chris Prior of Inigo Insurance will also be joining Wood at the carrier, marking a re-entry into property D&F for Syndicate 1200.
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Johnson could replace the incumbent council member Jeffery Barratt.
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He rejoins Aon after 15 years at Guy Carpenter.
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Alexander Craggs spent more than a decade working for the QIC-owned Lloyd’s business.
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He will report to Mathieu Borneuf, head of professional lines in Continental Europe.
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The decision to align across business units had removed the need for the regional presidents' roles, the company said.
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Haagen leaves after a 15-year tenure at Allianz, having been a board member of AGCS since early 2020.
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Agarwal joined QBE in 2019, and most recently served as group head of underwriting performance.
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The dual role extends across the underwriting division and the schemes & affinities division.
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Former Lockton APAC reinsurance head Broad will be supported by a team of four.
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The executive has spent 20 years at the company and five at the helm.
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The executive has also worked for Aviva in senior group finance roles.
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The underwriter is returning to the company after stints at TransRe and Liberty Specialty Markets.
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The executive will drive the carrier’s new change programme, ‘How We Work’.
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Ola Jacob's role at Descartes will focus on expanding the firm's parametric insurance offering in the London market to corporates exposed to climate risks across the globe.
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Ellen White, underwriter on the product recall team, is due to succeed Michael Crabtree following his departure.
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Tomais Gaughan has been promoted to lead the energy offering at SiriusPoint International.
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The carrier is looking to expand its marine offering through its London and Lloyd’s branch.
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Former Brit CEO Matthew Wilson will take on a role of special adviser to the Lloyd's Council later this year, Insurance Insider understands.
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Before joining Sompo, Bob Thaker spent more than a decade at Hiscox, where he was latterly CEO of Hiscox UK.
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Berman will replace Ramesh Singh, who is leaving the business to head up financial lines at Aviva.
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Based in New York, the executive will report to Axa XL CUO Libby Benet.
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His role change — following that of LCM leader Darren Redhead in 2021 — raises questions over the firm’s future ILS strategy.
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Demand for specialty commercial insurance in Australia has been increasing, driven in part by the growth of the digital economy alongside traditional industries.
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Dirk De Nil will step into the role following the retirement of Hanno Mijer, who has been CEO of Zurich Resilience Solutions since its inception in 2021.
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A poor talent pipeline has exacerbated wage inflation in (re)insurance. Is there a short-term fix to this challenge, or must the sector wait for the bubble to burst?
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The executive will move to the (re)insurer after almost two years at Gallagher Re, a company he joined after the acquisition of Willis Re in late 2021.
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Danny Hubbard and Richard Stockley both have decades of insurance market experience under their belts and have been named as divisional director and associate director, respectively.
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The move comes three months after this publication revealed that England was to take a position at Westfield based in London after a stint at Hiscox.
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Ellis brings with him over 38 years of experience, having worked as both an underwriter and a broker in the Lloyd’s and company markets.
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He will be responsible for strategic development, growth initiatives and delivery of the P&L for the London office.
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The executive will work within the retrocession and property specialty division, as well as supporting the London market and global production activity.
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AdA SPA 2024 will be headed by ex-Munich Re Syndicate deputy CUO Natasha Jodrell.
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Melissa Collett served as executive director for professional standards at the CII, where she spearheaded the Digital Ethics Companion.
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Troughton joins from Hampden Agencies where he previously held the role of sales and marketing director.
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Mike Bruce was previously CEO for Global Risk Partners, acquired by Brown & Brown last year.
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Nick Frankland was appointed chairman of the group, which he was instrumental in forming.
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She joins the D&O team in London following the exit of senior underwriter Tim Carpenter, who is joining BHSI.
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The executive left Tysers last month after steering the sales process to AUB Group.
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Sources said the executive will head up Conosur's reinsurance operations following the departure of Andres Cisternas, who moved to THB earlier this year.
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The appointment comes after Carbon received funding from PE firm Apiary Capital in July.
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The executive has worked at RSA for the past 19 years in actuarial and finance roles.
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The US-based cyber MGA launched in the UK in April.
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The former general counsel and communications chief will move to the role on 1 October.
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The group is expanding its remit beyond the black community to focus on more underrepresented groups in financial services.
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The exec is reunited with former LSM colleague Mark Stephenson, who joined the broker earlier this year following a 12-year stint at the carrier.
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Massimo Reina led an exodus of Guy Carpenter’s European staff to Howden Tiger in March, sparking legal action.
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Sompo said the appointments highlight the carrier’s commitment to the Italian insurance market.
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Augment lands former Aon Benfield UK chair Ledger as senior adviser
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Paul Simons joined the company last year from Axa XL as deputy CEO of Convex Re.
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The incoming UK CEO will take up his new role on 1 January 2024, subject to regulatory approval.
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The executive joined the specialist financial lines MGA from Aviva last year.
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The firm has also appointed Sean Chen as CEO of Starr International Insurance, Singapore.
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The carrier has also made Tracy Garrad CEO of Aviva Canada.
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In addition, Arch Re global CUO Pierre Jal moved to Zurich to take over as Europe CUO, while president Matthew Dragonetti expanded his scope to lead client-centric initiatives.
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Based in New York, the executive will report to Markel’s terrorism director Ed Winter, who is based in London.
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The (re)insurer also appointed Thomas Deane as head of investment banking.
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In her new position, McDermott will report directly to Everest insurance CEO Mike Karmilowicz, effective immediately.
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In late May, this publication revealed the appointment along with Mauro Signorelli’s, who served as head of international cyber at Aspen Insurance.
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The executive has over 20 years of specialty insurance experience and most recently served as Everest’s head of financial and professional lines.
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Digital transformation top of boardroom agenda, according to Cytora CEO Richard Hartley.
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Staffing upheaval continues in the marine class of business, as companies battle to hire and retain talent.
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The hires come as part of a restructure of the marine and energy segment of the business.
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Sompo International said it saw growing demand for expertise and capacity in the region.
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The executive joined the company from Scor, where he helped to launch Scor P&C Ventures.
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Andrew Dyer joins from the Prudential Regulation Authority, where he has been head of the insurance supervision division for the past six years.
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As part of the changes, Skuld made several appointments within its Skuld Hull business unit.
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The resignation follows the appointment of Sedgewick's Julie Ross to lead the team.
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Coffin will be succeeded by Stuart Ashworth as head of broking & market engagement.
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The carrier is hiring in its energy team following the resignation of natural resources head James Brown.
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Downstream underwriters have been pushing for rate this year following high claims activity in 2022.
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The broker has also expanded the role of recently appointed Matthew Hooker to leading Miller’s client engagement strategy.
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The project shows that a well-designed and accessible market-wide effort to think outside the box on recruitment could be rewarding for the entire sector.
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The appointment follows that of Williams and Drakontaidis as head of contract surety and head of commercial surety respectively.
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In his new role, John Wynne Davies will be responsible for developing Coalition’s strategy in the UK.
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AUB Group CEO Mike Emmett will step in as CEO of Tysers on an interim basis.
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Sources said Baron is joining Price Forbes after nearly seven years at Aon, where he was managing director based in South Florida.
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Vipr Solutions, which provides delegated authority underwriting solutions to the London market and globally, said Martin Blackburn will bring experience from start-ups and global IT firms.
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The carrier has also promoted Annette Wolff to head of professional lines insurance for Germany and Austria.
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Hayzelden has been charged with leading the firm's upstream energy team, covering both offshore oil and gas and offshore renewable wind risks.
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The carrier is looking to increase its presence in the marine market segment.
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The incoming deputy CUO spent 10 years at AIG, holding roles such as global head of portfolio analytics and chief risk officer for financial and liability lines.
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Edward Kopp will be succeeded in his current role as president of Chubb Korea by Janice (Jae-Kyung) Mo – the first woman to lead a general insurance business in Korea’s history.
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The carrier has strengthened its cargo team following the departure of two underwriters.
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Colin Forrest, former CEO of Aon’s Strategy and Technology Group, will head up the firm.
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The MGA platform was launched by former Barbican executives in late 2021.
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Chris Barclay and Tim Joslyn are joining to drive the InsurTech’s growth and operational capabilities.
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The underwriter will join the company following the departure of underwriters David Axtell and Ryan Godfrey.
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AGCS confirmed that hull underwriter Ashley Hammond is staying with the business.
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David Langran joins from Inigo, where he served as head of aviation war since April 2022.
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The broker has also appointed Paul Shedden as head of advanced risk analytics for its Risk Capital business.
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Aviva has seen a number of staff exits from its D&O team, with senior personnel leaving to launch a book at Westfield Specialty.
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The role was originally slated to be taken on by now retired James Kent, former CEO of Gallagher Re.
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The executive has extensive experience in the reinsurance broking sector both in Asia and London, having worked for Aon Benfield, Cooper Gay and Willis Re in the past.
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Natasha Catchpole previously headed up the product recall team at CFC.
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Sally Lake has spent 18 years at the carrier, including the last five as CFO.
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New CEO Ami Barlev – who has a background in tech, AI, comms and real estate – said he took the role at an “extremely difficult moment” for the InsurTech.
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Head of legal Claire Schrader will assume the general counsel role on an interim basis.
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The underwriters will focus on UK marine cargo and transport and logistics business.
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Rawstron will be responsible for growing the company’s European business.
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Green will be responsible for servicing companies across both Howden’s specialty and retail divisions.
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BHSI grew to be one of the largest writers of D&O in London during the hard market of 2020 and 2021.
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And all the other big moves of the week.
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It is understood that Cozens will follow former head of cyber and technology Creasy to Inigo.
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The executive will work out a long notice period at his current employer before joining the independent broker next year.
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The executive replaces Thomas Brazil, who is moving to a new role with the Sompo in Switzerland.
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Earlier this week, this publication revealed that the firm parted ways with treaty VP and former TransRe executive Humberto Contasta.
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Beadsmoore joins as a partner in its property and casualty team and Cook joins as an associate.
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Hancock joins from Ensurance UK where he was head of underwriting and international engineering.
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Tysers’ pullback comes as other broking firms have expanded their LatAm operations via M&A or strategic hiring in recent years.
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The executive will sit on the executive committee and work on cultivating new client relationships.
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The executive left Ardonagh in March as the group restructured its specialty broking operations.
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The appointment comes just over two years after Sompo International entered the political violence and terrorism market.
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The executive is tasked with driving expansion on the continent.
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The first year of data collected in our interactive database of industry people moves is analysed.
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The executive joined the reinsurer a year ago after over 14 years at TransRe, where he held various property treaty positions.
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Dave Cahill and Adam Power have resigned, as Miller managed to shore up remaining members of its casualty team.
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Robson has been named global chairman of credit specialties, both reporting to Donnelly.
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The embattled ILS platform took the decision in an attempt to reassure its trading partners.
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Rosewell has extensive experience in infrastructure and financial services, and also chairs M6 Toll and Atom.
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The carrier has appointed Antonia Osborn as director of underwriter and Philip Smith as its new lead cyber underwriter.
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Howden’s Indian operation was established in 2004 and now has more than 300 employees.
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Ardonagh is consolidating the broking operations of Ed Broking, Besso and Bishopsgate under the Price Forbes brand.
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The litigation lawyer will lead the MGA’s risk management offering,
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The executive is to replace retiree David Lee.
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WTW exploring reinsurance exec recruitment comes at a time of competitive tension in the market.
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WTW is quietly sounding out market executives for a potential relaunch into reinsurance once its two-year non-compete agreement with Gallagher Re ends in December, this publication can reveal.
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Both executives have joined from Chubb.
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This will be the second senior appointment for Everest in LatAm after the (re)insurer hired Chubb’s Jaime Chaves as CEO in Mexico as part of its global build-out.
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Outgoing CEO Brian Hanuschak was named chairman and will remain as a strategic advisor to the MGU.
-
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The team will be headed by Tysers’ MD Paul Chapman, joined by Claffey, Freeman and Thornhill.
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They are the latest additions to the Ardonagh team, which has been on a major hiring push.
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The vehicle is turnkeyed by Mission Underwriters.
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Kattan’s role will include establishing the strategy and structure of SiriusPoint’s global ceded reinsurance function, managing the ceded team based in Stockholm and overseeing all reinsurance placements.
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In her expanded role, she will work with trading partners to represent Aspen in the US for all business segments and build out existing distribution strategies.
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Areas of focus should include hiring external talent, securing capital for M&A, speeding up US growth, and answering the reinsurance question.
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Mark Sperring’s promotion comes just a few months after AIG’s former head of global aerospace, Steve Eccles, left the carrier.
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Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.
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Rebecca Shelley has worked in investor relations and communications roles at Norwich Union, Prudential and Tesco.
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The Altamont-backed broking firm officially launched this month
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The executive, based in Morristown, New Jersey, will be responsible for the company’s US reinsurance operations.
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Pat Donnelly has succeeded Lucy Clarke at Marsh, and Adam Garrard at WTW has moved into a chairman role.
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The hire follows an exodus from the recall team, as Mitchell, Fouquet and Fornah resign.
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Blois will be responsible for managing the carrier's miscellaneous PI book of business.
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Eduardo Molinari served most recently as general manager of Iberia at Hannover Re.
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She will join the team headed up by Stella Tomlin, who launched the Lancashire marine liability book in 2021.
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Tara Foley will be responsible for implementing Axa UK & Ireland's 2024-26 strategy, as well as leading the executive team.
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Rees joins from Chord Re, where he was head of casualty for nearly two years.
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The executive will lead operations and support the company’s growth strategy.
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The underwriter specialises in business including commodity traders, petrochemical risks and African business.
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The pair will be based in London and report to Jason Humphreys, global head of aviation.
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Jonathan Powell was previously head of Lloyd’s P&C at CNA, before joining the broker’s non-marine treaty team.
-
Lloyd Fornah’s departure follows the resignations of Ed Mitchell and senior underwriter Vanessa Fouquet earlier this year.
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Existing CUO Andy Holme will move to a broader group role.
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Nine mariners from the former Ed Broking brand have resigned from Ardonagh, as the broker continues its brand consolidation.
-
Staff turnover remains elevated across marine classes amid a battle to secure talent.
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The underwriter has worked at the carrier for almost 20 years and has a background in specialty reinsurance.
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The firm’s statement followed allegations in Israeli tech media of missing collateral linked to deals it was concerned in.
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The executive has worked at the Bermudian carrier for more than two decades.
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The carrier announced the launch of the green solutions portfolio in May as it looks to become a market leader for sustainable risks.
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Mark Walker has more than 35 years of insurance experience and joined BHSI in 2019 after over three years at QBE.
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Carr also works as the chair of the Lloyd’s Market Association Joint Liability Committee.
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This follows the appointment of Aon's Foord-Kelcey, who is set to head Howden Tiger's cyber re team.
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Jerome Lande is deputy CIO and managing partner at Scopia Capital Management.
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The Corporation has had to navigate challenging trade-offs around its succession planning.
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The company also announced that Asia retail markets will join global risk solutions and that it was launching its enterprise transformation and solutions unit.
-
The business development and market relationships head will join the Ron Hayes-led unit, focusing on specialty.
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Staffing turmoil is ongoing in the marine market as companies vie to secure talent.
-
The company announced on Wednesday that Liddell’s deputy Thomas Leonardo would succeed him as global head of A&H, with immediate effect.
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He will be responsible for driving the use of technology and data across the business.
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Lucas Beckmann has spent just over 15 years at Munich Re in several senior roles.
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Peter Wilson brings more than 40 years’ experience in the insurance industry.
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The pair will retain their leadership roles for MGUs WKFC, CorRisk and AgRisk.
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The underwriter replaces Stuart Liddell, who is leaving the business.
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The underwriter has spent 10 years in Singapore, mainly in broking.
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Roger Smith will be building a UK A&H and life team, while Steve Rance looks to develop a global mortgage and credit unit.
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The executive will be responsible for shaping the business unit’s strategy in alignment with the wider reinsurance business.
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The Corporation is looking to increase its engagement with external stakeholders.
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Charles Cooper will be responsible for the development of a significant growth driver for the business.
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The decision – which is close to being finalised – means a chief executive succession before mid-2026 is unlikely.
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The underwriter will oversee a broad property portfolio including construction, energy and mining risks.
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The current vice chair will lead the (re)insurer’s board until he can be officially nominated for election at the next AGM in April 2024.
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Skilton will be chair of the team with Wheeler and Murray heading up the global re specialty unit.
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It emerged last week that Steve Hearn was leaving Ardonagh, which he joined through its acquisition of Corant Global.
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Under Allianz’s Integrated Commercial strategy, each region will be led by a commercial managing director.
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The firm has also appointed Moore and Bye as cyber underwriters in London and Singapore.
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Howden Tiger has focused on marine reinsurance for its latest hiring spree.
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Leach joins the MGA as a founder of K2 Financial’s US operations and was previously head of FI at Hanover.
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If you only read a handful of articles this week, make it the selection below.
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The underwriter has previously worked at AIG, Chubb and Markel.
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The executive will report to reinsurance solutions CEO Russell Higginbotham.
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The carrier has hired Melanie Mason from Liberty Mutual to replace Lisa Wolfe as property underwriting manager in Canada.
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Callan announced her resignation from the role after near six years with the firm in a post on LinkedIn.
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There is stiff competition in the renewables space as carriers look to establish positions in a growth market.
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The executive will work as director of underwriting for the specialty casualty division.
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Across the market, 32% of leadership roles are occupied by women.
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The MGA has also appointed Protean Risk’s Charlie Cooper for FI, fintech and cyber underwriting.
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Group head of M&A Andy Wallin will take over reinsurance and capital on an interim basis.
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Graeme Trudgill was acting as executive director and has been a member of Biba’s main board for 10 years.
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Raj Brar has spent more than four years at the carrier as a senior construction underwriter.
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Wood spent most of his near-19-year stint at Lancashire as head of property D&F for Lancashire’s Lloyd’s Syndicate 2010.
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The role of deputy chairman of the managing board will be taken up by Peter Höfinger.
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The Association of British Insurers has also appointed Clare Bousfield, CEO of retail and savings at M&G, as deputy president.
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Pen’s marine war MGA Vessel Protect has hired maritime security expert Munro Anderson.
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Filippo Cibin will lead the expansion of Fusion into Southern Europe as part of its growth strategy across European insurance markets.
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Scopia nominated Jerome Lande as its representative to be appointed to the R&Q board, subject to due diligence checks.
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Following Neil Arklie's exit, cyber underwriting performance manager Maria Mathews Saunders will manage the class, reporting directly to the head of underwriting performance.
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Founder and CEO Jeff Greenberg will remain as chairman at the investment firm.
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The CRO has worked for the company since late 2021.
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Beginning her tenure as president on 17 October at the closing of the Ferma Seminar in Belgium, Charlotte Hedemark will succeed Dirk Wegener upon completion of his four-year stint.
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Anthony Vassallo will focus on developing AGCS’s natural resources proposition, reporting to global head of specialty Gordon Browne.
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Kelly Butler will be responsible for the strategic development and delivery of Marsh UK cyber insurance and placement capabilities.
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The executive will report to international segment co-heads Adam Clifford and Jason Keen.
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The broker has also announced several internal promotions, including Jack Snowden’s to lead the GRC London team.
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Also formally joining the board are Carlyle’s managing directors James Burr and Jitij Dwivedi, and Adam Halpern-Leistner, director at Hellman & Friedman.
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The moves follow a pattern of prolific hiring in which 200 production staff were added across the group’s London business in 2022.
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Stephan Rappaz, Jérôme Carré, Arnaud Le Boulengé and Pierre-Yves Dalimier take senior roles.
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The executive worked for WTW for more than two decades.
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The executive was retail placement leader for Marsh UK and Ireland.
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The underwriter has worked at Swiss Re, Ironshore and Alize during his insurance career.
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Howden Tiger, which has been hiring aggressively from rivals, currently has only limited involvement in marine reinsurance.
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Price Forbes now houses Ardonagh Specialty’s energy operations, absorbing teams from Ed Broking, Besso and Bishopsgate.
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The pair will replace Alastair King and Andrew Marsden.
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The move is part of a succession plan put in place on the company’s flotation in 2020.
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Chris Parish was previously portfolio management and funds team leader at Nephila Capital.
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After three years as a company director, Brégier received a unanimous recommendation from the nomination committee.
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The executive has worked for the French carrier for almost four decades in various roles in Toronto, Paris and Milan.
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O’Donnell will focus on strategic and tactical operations within global reinsurance alongside his continuing responsibility for Chubb Tempest Re USA.
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The executive joins from Crum and Forster, with 20 years’ cyber experience.
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The executive was chief actuary for Travelers’ Lloyd’s business and Creechurch Underwriting.
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The broker will also work to support traditional reinsurance and retro activities.
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The executive oversaw lines of business including management liability, financial institutions and healthcare.
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Mark Drummond-Brady will be providing advice and counsel to support the broker’s growth plans.
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It emerged earlier this month that Westfield Specialty was launching a D&O book through Syndicate 1200.
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The cyber MGA can now serve clients in Italy, Spain, Ireland, Sweden and Denmark.
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Purtill became interim CFO in January after AIG terminated Mark Lyons, saying the executive violated his confidentiality/non-disclosure obligations to the firm.
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The underwriter joined Scor in 2020 having previously led the cargo and specie operation at Starstone.
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The executive has fulfilled the role as an interim since 2022.
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The broker is in hiring mode following a raid on European staff by Howden Tiger.
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The broker will report directly to Greg Case and move away from day-to-day client responsibilities.
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Luis Prato joins from Axa XL, where he was CUO of Axa XL UK and Lloyd’s since 2018.
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The executive will assume responsibility for the group’s UK operations with immediate effect.
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The treaty specialist has also worked at QBE Re, Aspen and Swiss Re.
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The cargo market is undergoing staffing turmoil as firms vie to secure talent.
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Luis Prato will take a senior role within the London team at LSM.
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The underwriter led the division specialising in marine and energy liability.
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Ray August will help guide and expand the geographic reach of London Market Joint Ventures to other markets.
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Whitehouse’s departure from AGCS was announced earlier this year.
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Previous marine chief Nick Holding resigned from the carrier earlier this year.
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Chris Harris and Fiona Woodcock join the US liability and international liability teams in London, respectively, while Andrew Halls has joined Howden’s Bermudian property casualty team.
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Other appointments in the team include Nick Ayres as chairman of global credit and Doug Espenson named as head of US mortgage.
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The underwriter spent more than two decades at Ascot, holding several roles in the property, political violence and marine hull teams.
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The executive first joined Vantage in 2021 after stints at Hamilton and Allied World.
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John Welch left his role as CEO of domestic markets at Axa XL Re last year in a leadership reshuffle.
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The broker named Matthew McCabe as MD of cyber broking with a brief to tackle complex cyber issues.
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Sources said the executive, who has over two decades of experience in the (re)insurance sector, will take a position at regional intermediary Reasinter.
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The executive was previously co-CEO of First Republic Bank.
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Laval brings with him over three decades of insurance experience, including as chief distribution officer for Europe, Asia and the Pacific at Axa XL.
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Jarrier has been with the carrier for over two decades, most recently as head of worldwide pricing and analytics.
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The long-serving executive turned around the fortunes of the French reinsurer in a two-decade stint as leader.
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Previously, Shaw was lead underwriter at MS Reinsurance and lead underwriter at MS Amlin’s Bermuda office.
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The former reinsurance CEO will join Sompo International’s board of directors.
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The carrier said a post-Covid rebound in travel was creating opportunities in the A&H sector.
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He steps into the role vacated by Richard Harries, who will retire at the end of the month after more than 26 years at the carrier.
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The underwriter headed one of the largest hull and war books in the London market.
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The executive joins from Axa XL and will report to Continental Europe president Ralph Brand.
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The executive will report to president and CEO Dean Klisura.
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Costin left Piiq Risk Partners in November 2022 after nearly three years at the aviation broker.
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Mayer will manage a global centre of excellence for parametric products and report to Paul Schultz, CEO of Aon Securities.
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The underwriter will be reunited with former colleague and current head of terrorism, political violence and war, Andy Bauckham.
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Group CFO Rob Callan will take on the role of group interim CEO while Chaucer looks for a successor.
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Patrick Davison has worked for the Lloyd’s Market Assocation for over a decade.
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Noonan has over 40 years of (re)insurance experience, previously being the CEO and chairman of Validus Holdings from 2005 until 2018.
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The carrier has announced several changes to its management committee before revealing its new strategic plan early next year.
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Miller has made a string of senior hires in its marine team in the past few months.
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He will be responsible for supporting the Bermudian’s expansion in the Middle East and North Africa region.
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The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets.
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She will report to global head of cyber and technology Dan Trueman and play a key role in shaping the team’s strategic direction.
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Chris McTear joined Aon in 2018 and has previously worked as part of the Airmic Insurance Steering Group.
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Bronek Masojada served as CEO of Hiscox until January 2022 and was appointed to SiriusPoint’s board in May.
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The portfolio will focus on international risks with a focus on the US market.
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Douglas spent the last decade of his 23-year tenure as head of WTW’s climate and resilience hub.
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Maritzen joins Everest after less than six months as head of underwriting for Berkshire Hathaway’s property program business.
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Simon McGinn joined Allianz in 2004 and was made CEO of Allianz Commercial in 2021.
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Syndicate 1200 exited London D&O in 2020 when it was under the ownership of Argo.
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Based in London, the pair will be tasked with growing LSM’s multi-buyer trade credit portfolio.
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Andrew Pearce joins following a 16-year tenure at the consulting firm.
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QBE Re said it was investing in the business with the creation of three new roles.
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Before joining McGill, Stubbings spent nearly five years at Aon as the CEO of its Global ReSpecialty unit.
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Cyber will be the only line Inigo enters this year after pushing into several new lines last year, including FI, aviation war and onshore energy.
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Christoph Oehy will replace Luzi Hitz in November 2023.
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The carrier has been recruiting for the position following Steven Farr’s move to Tokio Marine HCC.
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The former Vibe CEO has also worked for Axis Capital and Ace.
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Thomas is also non-executive director of IQUW Syndicate Management, while Vasquez is a NED of Allianz Holdings.
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Varenne was previously interim CEO and group COO of Scor.
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The carrier announced in March that Robert Childs was retiring after more than three decades at the company.
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Industry veteran Michael Wade will join Helios as a director and chairman, and take on a senior advisory post at Mitsui.
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Based in Stamford, Connecticut, the executive will oversee the carrier’s cyber fac and treaty operations reporting to NA CEO Brian Quinn.
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The executive first joined the group via Munich Reinsurance America.
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Emily Taylor joined Hiscox as a senior underwriter in 2020.
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Ed Mitchell and Vanessa Fouquet are set to join BluNiche and Dual, respectively.
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Wyatt is reunited with former IQUW and Agora colleague, James Blackwell in her new role.
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The appointment follows Tony Chaudhry's retirement from the Corporation earlier this month.
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The duo will head up the D&F and DA teams, and report to active underwriter Steven Tebbutt.
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De la Cuerda will oversee Allianz’s commercial unit in Spain and Portugal, reporting to both Allianz Spain CEO Veit Stutz and AGCS chief regions officer Henning Haagen.
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Trium cyber is the first monoline cyber vehicle to be approved by Lloyd’s, and began writing business in January.
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Bilbao joins from CNA Hardy, where he was a senior cyber underwriter, while Byrne joins from Corvus Insurance.
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Andrew Moulton becomes executive underwriter for marine, and Jessica Pearson is now cargo class underwriter.
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Gallagher Re is looking to increase its presence in the North American large-account space, where it is underweight compared with rivals.
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Sean McGovern said the appointment was part of an “important strategic initiative” for the company.
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Based in Miami, the executive joins BUA as partner, working alongside managing director and CUO Juan Calvache.
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The executive will report to CEO James Shea and is based in Florham Park, New Jersey, United States.
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Aspen’s global head of casualty and head of international reinsurance Beatrice Morley is set to relocate to London as of 1 August.
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Tom Abbotts joins from Elmore Insurance Brokers, where he was one of the founders and led the cyber, technology and fintech team.
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Lisa Ljunggren has been appointed as head of analytics, Nordics, joining from SiriusPoint
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MacDonald spent 13 years at Miller Re, which included a three-and-a-half-year stint as executive chairman.
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The executive takes on the role vacated by former Enstar M&A chief Jonathan Zisaruk.
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She will be responsible for driving the firm's global data strategy and governance as well as overseeing the analytics operating model.
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The broker is targeting to double its revenues to £400mn by 2025.
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The senior hires will help Howden CAP’s surety team to expand across new markets and develop new products for the broker’s surety clients.
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The carrier has expanded its team since launching into the class of business in 2020.
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The broker said it intends to vigorously defend itself against Aon’s allegations concerning the departure of fac re employees.
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The appointments follow the resignation of Youi CEO Hugo Schreuder from the board.
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Juan Carlos Gomez will report to CEO of BMS International Nick Gillett.
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Simon Tighe is taking on the group ESG position in addition to his role as group head of investments and treasury at Chaucer.
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Howden’s insurance broking, reinsurance broking and underwriting outfits will all report directly to David Howden under the restructure.
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At first, Canopius will write non-proportional aviation reinsurance with an aim to quickly establish itself as a lead market.
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Kerton steps into the role vacated by Tom Wakefield, who is set to become global CEO of Gallagher Re in the coming weeks.
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The broker has hired Tom Summers and Tyler Walsh from Marsh and Adam Carr from Howden.
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The underwriter has worked at various Axa entities for 13 years, holding a string of increasingly senior positions.
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Thomas Uzzo brings more than a decade of industry experience to his new role.
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The outgoing CEO will now retire from the company rather than taking up a group carrier relationship role.
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Beth Boucher is non-executive director, audit committee member and chair of the nomination and remuneration committee at Coforge.
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Tom Wakefield will formally become CEO of Gallagher’s reinsurance broking unit on 1 June, reporting to EMEA CEO Simon Matson.
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The executive will be responsible for the growth and profitability of the carrier’s casualty lines in 51 countries and territories outside North America.
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Charity Bare joins from Nephila Syndicate Management Limited, where she spent five years as director of risk and compliance.
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The LMA runs numerous influential marine committees, which work on producing wordings and highlighting coverage issues.
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The executive will have responsibility for lines including property, casualty, professional lines, energy and marine.
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Jackson is likely to be charged with a build-out beyond the three lines currently underwritten in London.
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The underwriter will work out his notice period at Chaucer, which remains active in the natural resources class.
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He will succeed Melanie Slack, who will be retiring after more than 20 years with the firm.
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It emerged in March that Tim Welsh was leaving MS Amlin after almost three decades at the business.
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The executive is the longest-serving CEO in Biba’s 47-year history.
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Beaver is currently a non-executive director and chair of the risk committee at Newline Group and has previously acted as senior adviser for the Financial Reporting Council.
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Julian Cusack has stepped down from his duties as ASML chair after eight years.
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Pene Reuben joins as senior client executive focusing on P&I Club client relationships and business growth.
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Martindale will be responsible for bringing together the capital management and actuarial reserving teams.
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Adam Spicer’s appointment comes after several high-level departures from the carrier.
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Mark Gregory was previously CEO of Axis’s international division, while McKenna was CUO of Falvey Insurance Group for two years.
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Zindi will be responsible for leading the sales function, and building strong relationships with clients and partners globally.
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Salter has worked at AJ Gallagher and Price Forbes during his career.
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The executive has a background in consulting and briefly worked as CFO of Talbot.
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The carrier has also hired Paul Cunningham from Talbot to lead the claims function of its newly launched marine team.
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His departure comes after a period of ill-health, from which he continues to recover, according to Lloyd’s.
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Prices are continuing to decline in the D&O market following significant hardening.
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The cybersecurity professional has more than 20 years’ experience.
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Warne joins from Inigo where she was head of political violence, terrorism and aviation war for nearly two years.
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Browne becomes deputy global chief underwriting officer and Holmes assumes the role of global underwriting officer of property for energy and construction.
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The news follows months of speculation in the energy market about James Grainger’s plans after his resignation from Munich Re.
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The pair will be responsible for managing underwriting activity across their respective lines.
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Following the departure of Gretchen Hayes and the appointment of Masojada, SiriusPoint board will consist of nine directors, six of whom are independent.
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Risk capital comprises commercial risk and reinsurance, with human capital covering health, wealth and talent.
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Peedu will be based in Stockholm and will also oversee Dual’s operations in Norway and Denmark.
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The broker spent much of his career serving multinational clients.
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Matt Unsworth succeeds Bob James as Lloyd’s transformation director, after James was made COO of the corporation earlier this year.
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The executive returned to Swiss Re after a stint as a management consultant.
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The move is the latest in a series of several personnel exits from Aviva’s commercial lines operations.
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The pair have spent a quarter of a century working in the insurance sector.
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Marc Lewis has worked as CUO of commercial lines at Aviva for the past two years.
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Bastion Risk Partners will operate autonomously as a provider of specialist (re)insurance solutions for a wide range of commercial entities.
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Interim CEO Bob Verber moves to become commercial director.
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Plus this week’s Q1 results and the latest executive moves.
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The appointment comes as rates continue to decline in the D&O market.
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Howell joins after a 22-year long tenure at Marsh, currently holding the position of MD and global service leader in its risk management practice.
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The group said it remains committed to its reinsurance, specialty and short-tail units.
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Cook will be responsible for building more effective customer and broker relationships and managing strategic partnerships with retrocessionaires.
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Simon Fraser stepped down from Lancashire’s board after nine years of service.
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A prolonged soft market spell up to 2018 has created a ‘generation gap’ in the class, sparking competition for top practitioners.
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The underwriter has over a decade of cyber experience and has worked at Axa XL since 2020.
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The broker has spent around 15 years working for Aon’s reinsurance unit.
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Moffatt’s departure comes just 12 weeks after Westfield’s purchase of Argo’s Syndicate 1200 and Argo Underwriting Agency was finalised.
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The firm also announced the creation of Howden Deutschland, appointing newly minted CEO Holz to its board alongside other key appointments.
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The previous Aston Lark CEO will be responsible for supporting the leadership team to build out the broker’s geographic reach and product expertise.
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The market veteran left Aegis London, where he was CEO from 2015, in June last year.
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The underwriter will be based in southern California and lead global strategy in cyber for the insurer.
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Plus the latest executive moves and all the top news of the week.
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GC’s Steve Housse and AJG’s James Elliott have resigned to join the challenger reinsurance broker.
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Leather, who is set to join in summer, will report to group finance officer Nick Moss.
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Fabian Rupprecht will join Helvetia as chairman of executive management and group CEO on 1 October.
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The appointment comes after a slew of cyber reinsurance brokers left Aon to join Howden.
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The move marks a return to growth in fac for the broker after heavy talent attrition during Aon’s attempted takeover.
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The news comes after it emerged last week that RSA was launching into the superyacht class of business.
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The underwriter moves to NorthStandard following the recent merger of North and Standard Club.
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Sir Keith Skeoch takes over from Tim Ingram, who has retired after nine years as chairman.
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He joins the division during a period of growth, with GWP surpassing $1bn for the first time in 2022.
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The pair will report to CRO Vishal Desai.
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The next destination of the underwriter is not known and comes following a change in Ascot’s leadership.
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EMEA CEO Simon Matson said the company will announce “the optimum structure for this part of Gallagher” once it is finalized.
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MS Amlin has added ex-JLT broker Lacy Lighterness to its cargo team.
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The Madrid-based division has secured A-rated capacity from BMI and Malaysian Re, initially with a maximum $2.75mn line.
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Nick Muir will be responsible for the oversight of and growth in the firm’s property portfolio.
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Beginning in his role with immediate effect, Peter Chesterfield will focus on construction projects across international markets.
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Sources said BlueChip NY-based managing directors Chris Opisso, Jon Sprintz and Jason Tomitz will join Volante to run the unit.
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The underwriter is a long-standing Allied World employee, having worked at the insurer for over 20 years.
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The move is the latest indication of talent turmoil in the marine cargo class.
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The underwriter will work on developing the Bermuda platform and strengthening the global property proposition.
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He replaces Steven Barnett, who is leaving to pursue opportunities outside the company.
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It was announced last month that Ermotti will step down after the AGM and a short handover period.
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The latest round of hires marks a continuation of the broker’s expansive and rapid talent acquisition.
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Adeyemo is stepping into the role soon to be vacated by current UK construction lead, Trevor Chainey, who is retiring after a 45-year career.
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Charrier-Leflaive joined Wakam in early 2022, while CEO-turned-chairman Jaillon has been with the InsurTech since its acquisition in 2000.
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Colin Reddy joins from Mizuho Financial Group, where he was responsible for the financial institutions Debt Capital Markets team.
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The situation has echoes of the previous legal clash between the brokers over the Bradley Maltese-led defection.
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The executive will start in his new role on 10 April.
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Chubb has experienced high turnover within its marine team in the past year.
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The move follows predecessor Massimo Reina’s defection along with 25+ colleagues to expansive rival Howden Tiger.
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Based in London, Artunduaga has served as Aon’s LatAm network leader. In addition, Chile-based Jose Necochea, Victor Padilla and Andres Claro will move to WTW.
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AIG’s head of commercial D&O in the UK, Christopher Magee, is leaving the business to take up a role with Starr in the US, Insurance Insider can reveal.
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Bart Zanelli will work within Gallagher Securities, specialising in capital raising and M&A.
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The JC Flowers-backed broker is also creating a new global executive committee.
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The new 15-strong committee is to provide underwriting guidance to the wider market.
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Pachlatko joins from Kessler where he was the practice leader for cyber and crime risks as well as team leader.
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The underwriter will replace retiree Lorraine Seib and add US excess casualty to her remit.
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Aviva said he left the marine book in “fantastic shape” and it will appoint a successor in due course.
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Alison Gaudette will report to group chief risk officer Louise Wells.
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Hannah Hosking will join from Chubb to lead the strategy across the business, focusing on growth at the higher end of the market segment.
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The carrier has made significant investments towards launching in numerous primary specialty classes in London.
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The underwriter will focus exclusively on onshore and offshore energy insurance worldwide outside the US, focusing on clients transitioning to a net zero environment.
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McMillan joins from Siemens, where he spent 16 years, most recently as global head of product safety and risk.
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Simon Hughes spent just under seven years as CFC’s cyber team leader.
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Nigel Hanbury, who has been CEO since 2012, will move into the role of executive deputy chairman.
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Based in London, the executive will report directly to the company's incoming CEO Guillermo Eslava, who will take over the position in Q2.
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Harrison spent 25 of his 30-year-long career at QBE, most recently as group chief underwriting officer, a role he held since 2021.
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Russell Higginbotham, CEO of Swiss Re’s reinsurance solutions, has also been added to the firm’s Global Clients & Solutions executive committee.
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Adam Lait is joining as senior underwriter, marine liability & ports, UK & Lloyd’s after a near-10-year tenure at Marsh.
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Following the retirement of Mark Watters, Jason Page will be responsible for managing marine and hull underwriting activities the carrier’s worldwide portfolio.
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Finlay joined Aon last year from Guy Carpenter.
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Benoit Chasseguet will be succeeding Veronique Brionne following her decision to leave the company.
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Sang Hun Park previously spent nine years at Allianz before joining Munich Re as a senior origination manager in August 2021.
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Jeffrey Hayman has been nominated as non-executive chairman.
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The executive joins Lockton Re after almost 11 years at Aon Benfield, where he was treaty broker based in Chile.
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Based in New York, Watt will report directly to Axis specialty insurance head and incoming group CEO Vince Tizzio.
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This follows the integration and rebranding of the firm’s three Swedish businesses, Brim, Nordic and Proinova.
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The Stockholm-based leader is the latest to depart amid multiple European defections.
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As the new board members take their place, long-time members Corver, Everiss and Roberts are to step down.
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The reinsurance and ILS leader joined the firm in 2012 during a “rollercoaster” year for industry loss warranties.
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Incoming Gallagher Re CEO Tom Wakefield will also report to EMEA CEO Matson, who gets an expanded role.
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As part of her new position, the executive will join Mapfre’s senior management committee, effective 1 April.
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The executives bring diverse management experience from energy, motor, publishing and agriculture.
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The underwriting head joined RJ Kiln in 2001.
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Erik Alsegard joins from Gallagher, where he helped establish the broker’s IP specialism.
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Wendy Thorpe previously held senior roles in technology and operations at Axa, ANZ and AMP.
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Jacques de Vaucleroy has been appointed vice chairman as the carrier seeks a new chairman.
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The appointment comes as Everest continues to forge ahead with its international insurance growth strategy.
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Oden Grenville joins from Starr Insurance Companies, where he held the role of senior underwriter for A&H.
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Monica Tigleanu will be succeeded by Simone Hardy, who has been appointed senior underwriter, joining from The Channel Syndicate.
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AmTrust also named Peter Farrell AmTrust as CFO / head of investments at International Underwriters DAC, and appointed him to its board.
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In addition, Echo Re recruited Ariadna Garcia as senior underwriter for LatAm and the Caribbean.
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Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.
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The broker focused on African, North Sea and Latin American business at Primassure and has 30 years’ experience.
-
Jennifer D’Arcy will be responsible for building out the carrier’s fac strategy for North America from London.
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Jessica Turner will report to Martin Burke, director of underwriting performance.
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The executive is well known in the marine market through his work leading Iumi.
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The executive will stand for election at RenRe’s AGM in May.
-
Litigator Sarah Bowden has been appointed to oversee the new book of business.
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The appointment comes as the legacy and investment banking divisions join under common management.
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The group CUO role is being eliminated with the function pushed back into the regions and specialties.
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The promotions cover a range of roles from underwriting and accounting to analytics and portfolio management.
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Prior to joining Nirvana, Thomas Mannsdorfer led the European specialty underwriting team at Sompo International.
-
The recall market has been affected by flat rates, as well as loosening policy terms and conditions.
-
The hires will support the MGA’s recently launched cyber product in partnership with Travelers.
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Sarah Morgan has been with the reinsurer since 2006 and will continue to be based in Bermuda.
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Prior to joining BHSI in 2020, Ben Ruddlesdin worked as an underwriter for The Hartford.
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Karen Crowley joins from Atradius and Arwel Roberts from Coface.
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The casualty broker spent more than a decade at Gallagher Re and also worked at Guy Carpenter.
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The intermediary has named leaders for each line of business within the two divisions.
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With chairman Bruce Carnegie-Brown’s third term expiring in June 2025, the organisation needs to start laying the ground for broader changes.
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The specialty leader had worked at recent acquisition Willis Re since 1998.
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Inmaculada Gonzalez was previously US head of ceded reinsurance placements.
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The longstanding Chaucer underwriter left when the carrier exited the FI market last year.
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Energy underwriter Tim Welsh has held a string of increasingly senior positions at the carrier since 1994.
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Chris Townsend said streamlining the AGCS business would allow it to attract recruits and open progression opportunities.
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Market transformation director Bob James has been given a broader remit as COO at Lloyd’s, while deputy CFO Alex Cliff has joined the executive committee.
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Toby Gorman joins the expansive broker from Arrow Risk Management, while Matt Taylor joins from Chesterfield.
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Gordon Browne will head up lines including marine, aviation and energy, representing 30% of AGCS premium.
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The property underwriter has also worked for Beazley and Liberty Mutual.
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The announcement follows the appointment of Diana Murphy and Vanessa Wittman as independent directors, which will be effective on March 16.
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Paul Morgan, Breda Duignan and Abel Budd are set to join the financial lines team as partners.
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Olivier Reiz joins from Chubb, where he was strategic growth director for Continental Europe.
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Stephen Bertolla specialises in casualty and motor and joins from Lockton Re’s international P&C division.
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It is understood that Everest acquired XL’s insurance license in Mexico from Axa, which already had one in the LatAm country when it acquired XL a few years ago.
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Dr Renate Strasser and Shanil Williams will take on the expanded responsibilities as chief technical and chief underwriting officers, respectively.
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James Kench has over 14 years’ experience in global (re)insurance broking, climate risk and portfolio management.
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Jennifer Zhu is a principal at Golden Gate Capital, a majority stakeholder in Mosaic.
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Helen Ye was most recently CCO at OneInfinity, an InsurTech for digital asset trading platforms.
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David Altmaier previously served as the commissioner of insurance for the state of Florida, leading the office of insurance regulation for more than six years.
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The executive has worked at Hiscox since 1986, in roles including group CUO.
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Minesh Jani will report to Bradley Maltese, CEO of international and global specialties.
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Based in Boston, the executive will report to Sompo International CEO James Shea.
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Mario Binetti will be responsible for leading Conduit’s global casualty underwriting team.
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The senior exits come a matter of months after the business was created in a landmark transaction.
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Romer will succeed Neil Greenspan, who is leaving the reinsurer at the end of March.
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The appointment comes following the departure of Stephen Haynes, who has joined Argenta.
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The appointment follows the business unit’s rebrand last year.
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The ILS expert had joined as a portfolio manager in 2018 from Ontario Teachers’ Pension Plan.
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David Porter left Ardonagh Specialty’s subsidiary Ed after almost two years as head of cyber and VP of casualty.
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Will Green will report to head of aviation David Slevin, as well as Lisa Leahy, head of airlines, and Graham Oddie, head of general aviation and aerospace.
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In tandem, the company elevated David Ni as chief strategy officer, Paul Brockman as chief operating officer and Matthew Kirk as chief financial officer.
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Ex-Miller broker Andrew Vertigan will also join BMS’ energy team as it looks to strengthen its service offering.
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Karen Pickersgill joined Allianz in 1999 following roles at Aviva and Cigna.
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William Cheney is set to join the firm as head of insurance US later this month.
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Alun Thomas will report to Bermuda CEO Chris Bonard.
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Wayne Ashley will report to Jim Wixtead, senior vice president of Chubb group and president of Chubb Tempest Re.
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Sarah Breslin is to replace Steve Thornett, who has left the business.
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The appointment comes over a month after this publication revealed that Herrera has left his director position at Howden Specialty after over two years.
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Cynthia Chan will succeed Keith Buckley, who retired at the end of February.
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The pair will depart as Ron Hayes arrives to drive an acceleration of the specialty unit’s placement strategy.
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Ben Fortune joined Fidelis in 2015 as an underwriter, later becoming head of international reinsurance in 2020.
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The marine expert worked for Ed for five years, after a career working with Marsh, Miller and Aon.
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David Mutton joins from Axa XL, where he held the position of senior casualty underwriter for Australia.
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The recruit has also worked for Arch, Swiss Re, QBE and others.
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The former Lloyd’s executive joined the carrier four years ago.
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The executive spent 19 years as head of Willis Germany and Austria.
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Kevin Bogardus joined the firm last year as head of business development for Asia Pacific.
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The board of directors has chosen not to replace Jean-Pierre Clamadieu, decreasing the board numbers from 17 to 16 members.
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Alpert joined BAML in 2018 from UBS as managing director to lead the bank’s EMEA insurance-focused team while Kleinsteuber has led the US insurance unit since 2020.
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Diana Murphy has been managing director at Rocksolid for 15 years, while Vanessa Wittman was most recently CFO of Glossier.
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Seb Simmonds will succeed current divisional MD Nick Colyer, who is set to retire.
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CEO Nick Tye told this publication earlier this month that the company was planning a financial lines launch.
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The appointment comes one year after David Robinson joined the firm in March 2022 as managing director.
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Plus all this week’s top exclusives and executive moves.
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Erica Kofie and David Warr move up in the cyber team.
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Weston Hicks has previously served on the boards of Alleghany Corporation and AllianceBernstein Corporation.
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Maria Guercio, Melanie Markwick-Day and Jared Concannon join the unit as executives.
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Hutchins will report to Bryan Dressler, head of W&I at Markel International.
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The carrier has launched into downstream energy, marine and aviation in the past year.
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Tony Day and Julia Dickinson, who both joined Aon in 2013, have previously held a number of senior roles within the political violence and terror team.
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The broker has hired Paul Cousins from Chesterfield Group and Matt Webb from Ed Broking to run the division.
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Jonny Groves will be responsible for leading Argenta’s global cyber business in his new role.
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The MGU’s insurance head Richard Coulson said the firm’s ability to offer equity was helping to attract talent.
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The veteran underwriter died surrounded by his family while on holiday in Antigua.
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Carl Overy will become CEO of Odyssey’s global reinsurance business, as Brian Young takes on broader Fairfax responsibilities.
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The appointments aim to provide clients with a product-agnostic view on accessing capital in a capacity-constrained market.
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TMK already writes a book of specialist regional cargo business out of Singapore, and backs cargo MGA Loadsure.
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Marcus Pollak and Stefan Behr will be based in Zurich.
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Insurance Insider reported last year that the bloodstock team had resigned en masse to join Howden
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Argenta will be a cornerstone capacity provider to new MGA Casper, which will write $100mn in year one.
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The business will be led by Tanya Dasgupta, who recently joined from Aon.
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The appointments will be effective July 1, subject to regulatory approvals.
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It is understood that industry veteran James Grieve will retire this summer after over 16 years at the French reinsurer.
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The appointment comes soon after the broker hired Louise Rothschild from Price Forbes.
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The product launch comes soon after the MGA started a new professional indemnity binder.
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Jack Bardrick will manage broker partnerships, facilitate new business opportunities and develop growth initiatives.
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Dean Dwonczyk established Catalina in 2005 with former UK CEO Chris Fagan, who exited the business in February 2021.
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The legacy acquirer will reweight its portfolio towards life run-off, moving away from P&C deals which it deems less attractive, sources said.
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Anna Sampson will be responsible for expanding and diversifying the portfolio of delegated authority and facilities business.
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The Lloyd’s carrier’s CEO said the market must now ‘climb out of the rehabilitation phase’.
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The member joined the board in August 2022, two and a half years after ending his activist campaign against the carrier’s management.
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The reinsurer is planning to offer limits up to $10mn per client and $40mn per territory across the region.
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Canopius also added Jade Weaver, former management and professional lines underwriter at Argo, to its Bermuda team.
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Throughout his career, James Matusiak also worked at RenRe, PXRE, PWC Bermuda and Guy Carpenter.
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Based in Mexico City, Brockmann will report to Marsh McLennan International CEO Flavio Piccolomini, who took over that role earlier this month.
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Axis CEO Albert Benchimol has led posthumous tributes to industry veteran Michael Butt.
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She will be responsible for providing strategic guidance for the organisation.
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The executive had been touted to replace Aon’s Dominic Christian in the position.
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Leo Demer previously spent 35 years at JLT Australia, including 10 years as Australasian CEO.
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Scott Bailey previously spent 12 years at CFC managing the technology and media division.
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After 10 years at Chesterfield, Michael James will join the broker in its London property & casualty specialty division.
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Lay will lead a new collaborative effort in the region to deliver innovative solutions and greater client impact.
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The head of property and specialty underwriting reinsurance posted on LinkedIn that he had brought forward his planned departure from the firm after 35 years.
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The launch comes after the unit created its MGA and programme business SabRe.
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The executive is set to replace David Roberts as chair.
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The in-coming CEO must ensure a smooth transition, land the “London-out strategy” started by Brooks, and handle CPPIB’s exit.
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Steve Eccles joined AIG in April 2020 from Argo, where he was active underwriter of Syndicate 1200.
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Andrew Harris has held roles in senior management and business production for multinational brokers.
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Rokstone’s new PI facility is for UK and EU risks with a £2mn primary and a £5mn excess of loss limit.
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The executive will join Aon’s UK leadership team and takes over from Jane Kielty.
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Jonathan Zaffino joined Ascot in 2020 and was responsible for running the carrier’s (re)insurance platforms in the US and Bermuda.
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Marine and aviation markets among most active parts of the industry in recent months, data shows.
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Matthew Silley joins from Axis Capital, where he was cyber portfolio management lead.
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Plus all the top news and latest people moves of the week.
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In her new position, the executive will oversee the South American region, excluding Brazil.
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WTW has appointed Pieter Van Ede as global head of trade credit, in a move the broker said demonstrated its commitment to growth in the class of business.
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Apollo said the appointment will further diversify its marine, energy and transportation division.
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It is understood that Stuart Willcocks will join Howden in March as an executive director.
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They will lead a new effort to deliver “innovative solutions” at the intersections of Marsh, Mercer, Guy Carpenter and Oliver Wyman.
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It emerged in August that Philip Graham was leaving Chaucer after more than two decades at the company.
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Liability business has been impacted by rising claims costs, driven by social inflation trends.
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Staff earning less than £75,000 are to receive £1,500.
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The company has also expanded the regional scope of its underwriting managers as it looks to support growth.
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To replace Lyons, AIG appointed Sabra Purtill as interim CFO and Turab Hussain as interim chief actuary.
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The former Canopius CEO will chair the company’s nominations and governance committees.
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Matthew Keeping joins the company following a business restructure announced last week.
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The former reinsurance CEO had previously parted ways with Bob Cooney after working together on a reinsurer start-up last year.
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The decisive move to replace Laurent Rousseau early in his CEO tenure was about “timely decisions”, the Scor chairman said.
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Chairman Kessler remains in place until the 2024 General Meeting when he will stand down on hitting the age limit of 72.
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The broker has hired Linda Fihlen and Niklas Thorell to work in the new office.
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Maddi Morris will be responsible for overseeing the growth and refinement of the insurer’s marine and energy liability account.
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The UK division will be headed by Tim Norman, while the international business will be directed by Mike Papworth.
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Before the move, the executive spent 12 years at Aon working as a reinsurance broker based in London.
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The appointment comes after senior cargo underwriter Caroline Monnickendam left Brit for Munich Re Syndicate.
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According to sources, Caroline Eyre will join BMS as managing director of construction.
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Dan Rance was previously head of financial lines for Bermuda at Liberty.
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Fred Kleiterp worked at Swiss Re for more than 20 years but has joined Beazley as European general manager.
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Among other promotions, Seb Rice has been appointed commercial head of trade credit.
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Fred Kleiterp will leave his current role as CEO for EMEA at Swiss Re Corporate Solutions to join Beazley in June.
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The firm opened its Zurich office last year with the aim of underwriting property, casualty and professional lines.
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His departure comes after a phase of rebuilding the carrier’s commercial property team.
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The new recruit was previously head of Aviva’s Global Corporate Solutions unit.
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The broker joined McGill around a year ago as part of the renewables, power and energy division.
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The firm’s family-leave policy now allows UK employees to receive 26 weeks at normal basic salary for both paternity and maternity leave and up to 52 weeks of parental leave.
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The specialty (re)insurance broking business of the Aventum Group has recently announced a string of new hires.
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CEO Nick Cook said the company also plans to invest in an international MGA strategy and a capital advisory unit, with 149 hires budgeted this year.
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Daniel Castillo assumes the position after Marcos Falcão was elevated to the role of CEO in November last year.
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Louise Piper joins from Aviva, where she was international broker director, and she has previously held senior roles at Axa XL, WTW and Marsh.
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The launch follows similar establishments in the US and Bermuda.
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Rayner enjoyed a 36-year career in insurance, spending 27 years at Faraday,
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Based in Bermuda, the executive will oversee the firm’s investments in technology and support its growth initiatives.
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The executive worked at Howden’s office in south Florida for over two years, following a nine-year spell at Guy Carpenter.
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The executive spent three decades in the specialty insurance markets.
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The parametrics pioneer said Ardonagh would bring additional capacity to clients with new solutions.
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Kanu will succeed interim leader Manlio Lostuzzi.
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Matthew Strong spent three years at Marsh as CEO, credit specialties, UK & Ireland.
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Owen takes over from Peter Sprent who is leaving the carrier at the end of March to pursue personal interests.
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The move follows former regional CEO Thomas Haddrill’s relocation to the UK to join WTW.
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Crabtree will be responsible for driving sustained revenue growth in the London operation organically and through team hires.
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Perry will take up his new role alongside his responsibilities as global political risk and structured credit leader at Marsh Specialty.
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The new hire spent 12 years at Canopius and a decade at Novae.
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She had served as director of underwriting at Nephila since mid-2018.
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Melanie O’Neill was previously CUO of LSM’s commercial business and takes over her new specialty responsibilities from Mike Gosselin.
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Going forward, the legacy M&A division will be led by co-heads Huw Battrick and Parri Spector.
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Paolo Cuomo joined last year from Brit, where he worked as director of operations, having joined the company in 2019 as head of strategy.
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The recruit is reunited with former Ed colleague and co-CEO James Baird.
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Having joined the company in 2016, the executive was working as a lead underwriter in LATAM prior to the announcement.
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It is understood that the executive will be joining the conglomerate’s reinsurance business, run by Ajit Jain.
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Bissett will oversee Convex’s finance function in addition to the data and actuarial teams.
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Federico Casini spent 17 years at Aon, most recently as executive chairman.
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The underwriter has a background in marine and energy reinsurance and has more than 17 years’ experience.
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Simon Weaver will be responsible for driving business growth throughout the newly integrated region.
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Cargo movement has been elevated following a sustained period of rate hardening.
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Despite a cooling economy, cost of living pressures are keeping wage inflation and mid-pay employee pressures on base.
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Former CFO Mark Lyons will step in as interim CFO, in addition to his current role as EVP, global chief actuary and head of portfolio management.
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Will Morgan was part of the original broking team when Inver Re launched in 2021.
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The executive was previously head of casualty underwriting for EMEA.
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The fac heavyweight spent less than 12 months with the company.
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John Sununu will become non-executive chair of Lloyd’s Americas.
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Albo is the first woman appointed to the organization’s chairmanship in its 30-year history.
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Based in North America, Julie Wood will lead QBE’s global distribution capabilities.
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Brian Espie has been appointed as CUO having previously held the position of group head of North American reinsurance at Fidelis.
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The underwriter has worked at companies including WTW, AGCS and Arch in a career spanning more than 20 years.
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The role is part of Liberty’s recently launched digital strategy function.
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Stephanie Coxall joined the business in 2012 and progressed to hold several key roles, most recently leading Axa XL’s global learning academy.
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Russell Mason was most recently divisional director of aerospace at Ed Broking but also held key roles at firms such as Tysers, Catlin Underwriting and Antares.
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Agostino Fulciniti will help deliver Aon’s EMEA commercial risk solutions strategy across broking, claims, specialties and risk consulting.
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The executive has worked for Howden and Allianz Global Corporate & Specialty.
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According to sources, Daniel O’Connell will join Fidelis MGU as head of bespoke.
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The firm elevated Justin O'Keefe, Cathal Carr, Fiona Walden and Bryan Dalton to US and Bermuda, Europe, casualty & specialty, and property CUOs, respectively.
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Chris Collins will report into Simon Abbott in his new role, and will help the carrier expand its airline portfolio.
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The appointment comes after it emerged that Malcolm Smart is leaving the business to join Ark.
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The senior broker joined the firm in 2018 after a long career at Willis Re.
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Previous head of the unit Chris Warrior is moving into an underwriting performance management role.
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The carrier is expanding its A&H appetite in London as part of its international insurance growth strategy.
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Nick Acker joins from Arch Insurance group, where he spent 10 years, most recently as a vice president in its wholesale and distribution management team.
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Jens Schädler joined Bolttech in 2021 when his company, i-surance, was acquired by the InsurTech.
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The executive has worked at the Norwegian Hull Club for more than 18 years in underwriting and management positions.
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The incoming CEO has more than 18 years of experience in the insurance industry, with a particular focus in professional indemnity, crime, D&O and cyber insurance.
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The carrier is re-staffing its hull team following three personnel exits last year.
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The executive will continue to lead climate and sustainability underwriting initiatives in addition to his new role.
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The adviser is also chair of Pantheon International and The City of London Investment Trust.
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Andrew Carrier’s appointment as CEO was announced in October, with Andrew Slabbert taking on the top role at MSIG in the US.
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Till Mathis Wagner is leaving Guy Carpenter, where he was managing director of strategic advisory Europe.
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The hire comes after the carrier recently appointed AGCS’ Chris Turberville to lead the hull team.
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Felix Winzap will join the Swiss leadership team following the resignation of Peter Schmidt.
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Christian Crozier joins from Berkshire Hathaway, where he spent five years as a senior casualty underwriter
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Tristan Abend has been with the Axa XL Reinsurance team for 10 years.
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The outgoing CEO will step down in May and spend six months as a strategic adviser to the company.
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Tom Haddrill joins from Lloyd’s, where he spent 11 years, most recently as CEO for Lloyd’s Asia and country manager for Singapore.
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The executive is to join the UK specialty unit as an advisor.
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The executive has worked at Marsh since 2010, and is currently the client and markets projects leader for UK and Ireland.
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Francesca Giurato will take on a leadership role for both Dual Europe and Dual Italia, with the aim of building a European hub for the fine art business.
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Richard Wynn, Phil Gander and Peter Nyonyintono are tasked with expanding BMS’s specialty capabilities.
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Current CEO Ken Kirk will become vice chair and take on responsibility for driving inorganic growth.
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Charlie Jenkins is leaving Travelers after a brief spell, having previously worked as a broker at WTW.
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Aon Reinsurance Solutions has appointed fac strategic growth leader Muñoz to take over Tassarotti’s position as deputy CEO of global fac.
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Caspar Stops will be responsible for growing Aviva’s cyber proposition and building relationships with London Market brokers.
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Activist investor Capital Returns had nominated Ron Bobman and David Michelson, but withdrew the nominations on Monday.
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WTW has been on a hiring spree in the wake of the failed Aon merger, and said France was one of its “most important” markets.
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The broker has been re-stocking its talent base following staff departures linked to the failed Aon merger.