Reinsurance News
People moves
News on insurance and reinsurance industry hiring, appointments and people move news and announcements. Covering key hires and people moves across the global reinsurance, commercial and specialty insurance markets.
Galway Holdings reshuffles executive leadership team
12th February 2024
Galway Holdings, a diversified broker and insurance distribution platform, has appointed Steve Denton as the Chief Executive Officer (CEO) of Galway Retail Services, with John Jennings taking over as CEO of Galway Specialty Markets. Changes within the firm's executive leadership team also sees John Hahn, Galway’s Executive Chairman, take on the ... Read the full article
PoloWorks announces launch of captive manager, Polo Insurance Managers
12th February 2024
Lloyd’s and London Market insurance services provider, PoloWorks, has unveiled captive manager, Polo Insurance Managers (PIM) after the Guernsey Financial Services Commission granted ‘approval in principle’. According to the announcement, PIM will be one of the few independent insurance managers active in Europe. PoloWorks also confirmed that PIM will serve captive, commercial ... Read the full article
IQUW bolsters Property team with three new hires
12th February 2024
Specialty re/insurer IQUW has announced the appointment of three senior executives to its Property team, Mike Barrett, Jonathan Powell and Charles Tinworth. The new hires, IQUW stated, will enhance service to brokers and support the strategic growth of the business both in London and internationally. Barrett was named Lead Underwriter for Property ... Read the full article
Markel names Jack Matthews underwriter for War and Terrorism portfolio
12th February 2024
Markel has announced the appointment of Jack Matthews as Underwriter for its War and Terrorism portfolio. According to Markel, Matthews' primary objectives in the new role will involve supporting the senior members of its War and Terrorism team by identifying new opportunities to accelerate growth across the portfolio. He will also reportedly ... Read the full article
Estep to succeed Frias as President of Group Insurance, Prudential
12th February 2024
Prudential Financial, Inc., has announced that Mike Estep, head of product for Group Insurance, will succeed Yanela Frias as president of its Group Insurance business following Frias’ appointment as Prudential’s CFO. The company explained that the change is effective March 15, 2024. In his new role, Estep will report to Caroline Feeney, ... Read the full article
CFC forms specialist team focusing on tax-related risks in M&A transactions
12th February 2024
Specialist insurance provider CFC, has announced the creation of a dedicated team to focus on underwriting tax risk in M&A transactions, to be led by Alejandra Hernandez Irizarry in London and Courtney Alonzo based in New York. The risks covered include renewable energy tax credits, tax treaty risks, stamp duty risks, ... Read the full article
Mercury Insurance appoints Simon Zhang as Chief Data and Analytics Officer
9th February 2024
Mercury Insurance, a property and casualty insurer, has appointed Simon Zhang to the newly created position of Chief Data and Analytics Officer, as part of the firm's ongoing effort to utilize advanced data analytics to drive business growth. Mercury believes that his leadership will add value to every element of its ... Read the full article
DUAL NA adds Mike Sherry as Head of Transactional Risk
9th February 2024
DUAL North America has appointed Mike Sherry as the new Head of its Transactional Risk division, splitting his time between San Francisco and New York. Sherry's remit in the new role includes the responsibility for the strategic direction and management of DUAL’s Transactional Risk division which launched in 2020 with a ... Read the full article
James Dumelow appointed Corporate Communications Director at Fidelis Insurance
9th February 2024
Fidelis Insurance Holdings Limited, the Bermuda-domiciled re/insurer, has hired James Dumelow as Corporate Communications Director, where he will report to Miranda Hunter, Head of Investor Relations. He joins the re/insurer with nearly 15 years of industry experience helping companies develop and implement group wide communications and marketing strategies. In his most recent ... Read the full article
Jonathan Kelly to head up Product Recall book at AXA XL
9th February 2024
AXA XL, the P&C and specialty risk division of global insurer AXA, has appointed Jonathan Kelly as Head of Product Recall – UK & Lloyd’s and Global Underwriting Practice Leader. Kelly has been with AXA XL since 2018. He joined the firm taking on the role of Global Practice Leader & UK ... Read the full article
RSA Insurance adds Lawrence and Henderson to Specialty Lines business
9th February 2024
Global insurance provider RSA Insurance has strengthened its UK Specialty Lines business with the addition of two new underwriters, John Lawrence and Henry Henderson. UK Specialty Lines is part of Intact’s Global Specialty Lines, which offers integrated global propositions for brokers and customers with more complex international risks. Lawrence, an experienced property ... Read the full article
ATL RE names Marcelo Podawacz as Director and Head of Property
9th February 2024
ATL RE, a recently launched reinsurance broker aimed at serving the Latin America and Caribbean markets, has appointed Marcelo Podawacz as Director and Head of Property. Podawacz brings over three decades of extensive experience in the global insurance and reinsurance domains, with a significant focus on the Latin American sector. His most ... Read the full article
Matthew Madsen named as Accenture’s Global Insurance Operations Transformation Lead
9th February 2024
Professional services firm Accenture has hired Matthew Madsen as a Managing Director within its Insurance practice. In the role, he will help deliver high-impact solutions for insurers, reinsurers and brokers to help them adopt transformative technologies, as well as help improve the customer experience and develop new ways to enhance business performance. Based ... Read the full article
Ascend appoints Saima Shaukat to its Advisory Board
9th February 2024
Ascend, a financial operations automation platform, has named insurance and technology expert, Saima Shaukat, as the newest member of its Advisory Board. Shaukat joins with over two decades of experience in sales leadership and marketing strategy for the software as a service (SaaS) industry. She started her career with Salesforce and has ... Read the full article
Fidelis MGU promotes Kevin Adams and Jason Shrubb
9th February 2024
Bermuda-based Managing General Underwriter, Fidelis MGU, has promoted Kevin Adams to Head of US Treaty Production and Jason Shrubb to Head of US Reinsurance. Adams has been with the firm since January 2017, joining as a Senior Underwriter from reinsurance broker Guy Carpenter, where he spent almost three years as a ... Read the full article