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.
AXIS Insurance Chief Claims Officer to retire, successor announced
17th September 2019
AXIS Insurance, the insurance business segment of AXIS Capital, has announced that its Chief Claims Officer David Hayward will be retiring in March 2020 after 17 years at the company. After the six month transition period he will be succeeded by current head of North American Claims Michael Baumel, who has ... Read the full article
Insurdata recruits Head of Client Success from Allianz
17th September 2019
Insurdata, an insurtech firm specialising in peril-specific exposure and risk data, has announced the appointment of Rosina Smith to the newly created role of Head of Client Success. Smith joins Insurdata from Allianz, where she most recently served as Acting Head of Commercial Lines Pricing in the UK. She spent seven years ... Read the full article
JLT staff exits are “not a crisis,” says MMC’s Dan Glaser
17th September 2019
The series of staff defections at Jardine Lloyd Thompson (JLT) following its acquisition by Marsh & McLennan (MMC) earlier this year is “not a crisis,” company CEO Dan Glaser has told the Financial Times (FT). Speaking in an interview with the publication, Glaser said that voluntary employee turnover at JLT since ... Read the full article
Ed names Simon Stovell Divisional Director, Risk Solutions
17th September 2019
Global reinsurance broker Ed has appointed Faraday's Simon Stovell as Divisional Director of its Risk Solutions team, effective immediately. In his new role, Stovell will report to Stephen Louden, Managing Director of Ed's Risk Solutions division. Joining from Faraday, where since 2014 he held the position of Senior Binder Underwriter, Stovell brings ... Read the full article
RSA Group appoints Kevin Thompson as Ireland CEO
16th September 2019
Multinational insurance group RSA has appointed Kevin Thompson to lead its operations in Ireland as Chief Executive Officer. He replaces Ken Norgrove, who is set to become CEO of RSA Group’s Scandinavian business Codan/Trygg-Hansa. Thompson joins the role having spent seven years overseeing Insurance Ireland as CEO. Prior to that he held roles ... Read the full article
Marsh makes senior appointments within Marsh JLT Specialty unit
16th September 2019
Marsh has appointed Stephanie Pestorich Manson as Chief Client Officer for Management Liability and Head of Directors’ & Officers’ (D&O) Product and Jason Mills as Wholesale Leader in the UK Financial & Professional (FINPRO) Practice, both within Marsh JLT Specialty. Both roles are newly created, with Manson and Mills set to ... Read the full article
Mario Vitale appointed President of cyber analytics InsurTech, Arceo.ai
16th September 2019
Provider of risk analytics for the cyber insurance and reinsurance market, Arceo.ai, has named Mario Vitale as its President, effective September 3rd, 2019. As President of Arceo, which is a newly created position, Vitale will bring his extensive insurance industry experience to lead the firm in blending cyber security expertise, credible ... Read the full article
New Dawn Risk adds Bullock-Webster to lead Tech, Media and Cyber
16th September 2019
New Dawn Risk Group Limited, an independent specialist intermediary for non-marine liability and specialty insurance and reinsurance, has announced the appointment of James Bullock-Webster as Head of Technology, Media and Cyber. Bullock-Webster joins from Paragon International Insurance Brokers, where he spent four years as a wholesale and retail broker. Prior to this ... Read the full article
DXC announces CEO change as Mike Lawrie retires
16th September 2019
B2B IT services provider DXCTechnology has announced the appointment of Mike Salvino as its President and Chief Executive Officer following the retirement of Mike Lawrie. Lawrie had served as DXC’s Chairman, President and CEO since the firm’s launch in 2017. His retirement from DXC’s board will be effective on December 31. “Mike Salvino, ... Read the full article
AXA XL promotes three within its UK Client & Distribution team
16th September 2019
Global insurer and reinsurer AXA XL has promoted Allan Murley to Head of Broker Management as part of a number of changes to its UK Client and Distribution team. Murley's appointment is effective immediately and in his new role, he will be responsible for leading the UK Broker team and working ... Read the full article
Clyde & Co adds Estelle Machell to casualty insurance team
13th September 2019
Global law firm Clyde & Co has announced the appointment of Estelle Machell as a partner in its casualty insurance team. Machell most recently worked at Keoghs, but previously spent nine years at Clyde & Co before leaving in 2013. She specialises in large loss catastrophic injury and major bodily cases, and ... Read the full article
Neon CEO Martin Reith to step down from role
13th September 2019
The Group Chief Executive Officer of London-headquartered re/insurance specialist Neon, Martin Reith, will be stepping down from the role on September 30. He will remain on the board of Neon’s Lloyd’s Managing Agency, Neon Underwriting Limited (NUL) and work to ensure an effective transition while advising management on other strategic matters. “I ... Read the full article
TMK reveals leadership shuffle as CEO departs
13th September 2019
Tokio Marine Kiln, part of global insurance group Tokio Marine, has announced a series of senior leadership changes, including the departure of Charles Franks from his role as Chief Executive Officer. Franks, who at the end of 2019 will assume new responsibilities within the group, is to be replaced by Current ... Read the full article
Aspen names Clive Edwards as CEO for UK & managing agency
12th September 2019
Aspen Insurance Holdings Limited has appointed Clive Edwards as Chief Executive Officer (CEO) of Aspen Insurance UK Limited (AIUK) and Aspen Managing Agency Limited (AMAL). He succeeds Mike Cain, who has been appointed to the position of Group Chief Operating Officer (COO). Edwards most recently served as Co-Chief Underwriting Officer of AIUK, ... Read the full article
Luis Prato named CUO for AXA XL’s UK entities
12th September 2019
AXA XL has appointed Luis Prato as its new Chief Underwriting Officer (CUO) for all UK legal entities, a long-standing employee who had been with the re/insurer since its Catlin days. The UK entities of AXA XL include Catlin Underwriting Agencies Ltd (CUAL) and XL Catlin Insurance Company UK Limited (XLCICL). ... Read the full article