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.
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
AXA XL appoints Anne Marie Elder to newly created role Global CUO, Specialty
9th February 2024
AXA XL has appointed Anne Marie Elder to the newly created role of Global Chief Underwriting Officer, Specialty, effective April 1. Elder currently serves as AXA XL's Global Chief Underwriting Officer, Marine, having joined the business in 2011. Before this, she held positions with The Hartford, Allianz and CNA Insurance. According to AXA ... Read the full article
Mitsui Sumitomo (EU) appoints Martyn Rodden as Interim CEO, confirms new trading name
9th February 2024
Japanese insurer Mitsui Sumitomo Insurance’s UK subsidiary, Mitsui Sumitomo Insurance Company (Europe), Limited (MSI EU), has appointed Martyn Rodden as Interim Chief Executive Officer (CEO), effective immediately. The appointment is subject to regulatory approval, with Rodden reporting to Hironori Morimoto, MSI’s Managing Executive Officer in the UK. Simultaneously, MSI EU has confirmed ... Read the full article
McGill and Partners name Josef Heiler as Partner in the Fac Reinsurance, Germany
8th February 2024
Specialty re/insurance broker, McGill and Partners, has named Josef Heiler as a Partner in the Facultative Reinsurance team in Hannover, Germany, as it looks to strengthen its European presence. In his new role, Heiler will work with the McGill and Partners facultative colleagues globally, as well as the firm’s partners and ... Read the full article
Thad Hall to lead Augment Risk’s newly launched ILS division
8th February 2024
Reinsurance brokerage firm Augment Risk has launched a dedicated insurance-linked-securities (ILS) division, led by newly appointed Thad Hall. The division is a big step forward in Augment's commitment to innovation across the reinsurance brokerage sector. Based in New York, Hall joins the firm following a three year tenure at Ledger Investing, where ... Read the full article