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.
Acrisure hires Matthew Marolda as CIO
7th April 2021
Global insurance broker and fintech financial services provider Acrisure has appointed Matthew Marolda as its first Chief Innovation Officer. He will be focusing on business and growth opportunities aligned with Acrisure’s artificial intelligence (AI), data and technology platform. Marolda has spent his career using data and analytics to drive strategic, marketing and ... Read the full article
Everest Insurance promotes Cipolla to lead E&S Primary Casualty
7th April 2021
Everest Insurance, a division of Bermuda-based re/insurer Everest Re Group, has appointed Michael Cipolla as Head of the Excess & Surplus (E&S) Primary Casualty unit. Cipolla will be responsible for developing the product portfolio and leading the continued growth of primary casualty business in the wholesale space. He will continue to be ... Read the full article
Arch hires Jim Villa as SVP in A&H unit
7th April 2021
Arch Insurance, part of Arch Capital Group, has appointed Jim Villa as Senior Vice President, Strategy and Distribution for the Accident and Health (A&H) business unit. He brings over 25 years of experience establishing and leading A&H businesses and will report to Linda Fallon, Executive Vice President, Travel, Accident & Health. Prior ... Read the full article
AXA XL names Khera as Head of Marine, UK & Lloyd’s and Global Head of Hull
7th April 2021
AXA XL, the property & casualty and specialty risk division of AXA, has named Sundeep Khera as Head of Marine, UK & Lloyd’s market, and Global Head of Hull. Khera, who currently serves as Head of Marine, Asia-Pacific at AXA XL based in Singapore, takes on the UK & Lloyd's market ... Read the full article
Mosaic recruits William Monat to lead transactional liability
7th April 2021
Mosaic, the global specialty insurance company recently launched by Ironshore executive Mitch Blaser, has announced the appointment of William Monat as Executive Vice President, Global Head of Mergers & Acquisitions (M&A). Based in Chicago, Monat will spearhead the specialty company’s transactional liability business and oversee underwriting operations in North America, the ... Read the full article
HDI Global SE hires new Director of Liability Underwriting
6th April 2021
Primary commercial specialist HDI Global SE, UK & Ireland has appointed Owen Digman as Director of Liability Underwriting. Digman held his previous role as Liability Manager with HDI for eight years. Prior to joining HDI, he held various senior management roles at RSA, Willis Towers Watson and Marsh. This news comes following ... Read the full article
IGI adds Richard Foster to lead property, political violence & contingency lines
6th April 2021
International General Insurance has announced the appointment of Richard Foster to its London office as head of property, political violence lines of business. Foster will also be taking on the newly created contingency insurance line of business. The company is set to launch a contingency line of business to take advantage of ... Read the full article
Aeolus names Lancashire’s Andy Richardson as a Portfolio Manager
6th April 2021
Andy Richardson, currently Head of Property Treaty at Lancashire Insurance Company Limited, has been announced as a Portfolio Manager at Aeolus Capital Management Ltd. Richardson will assume his new role following Bermuda immigration approval and after fulfilling his obligations with Lancashire. Before joining Lancashire, he served as a broker at reinsurance brokerage ... Read the full article
Ledger Investing adds ex-AIG CEO Peter Hancock to board
1st April 2021
Ledger Investing, the insurtech and insurance-linked securities (ILS) focused venture-backed company, has announced the addition of industry veteran Peter Hancock to its board of directors. Hancock, previously the President and Chief Executive Officer (CEO) of AIG, has had a distinguished career in banking, insurance, and capital markets. Prior to his time with ... Read the full article
Sompo International adds Goddard to distribution & development team
1st April 2021
Bermuda-based specialty P&C re/insurer Sompo International Holdings has added Maxine Goddard to its International Insurance Strategic Distribution and Development team as Senior Vice President, effective April 1, 2021. Goddard previously spent 20 years with Zurich Insurance, most recently as Director, Senior Commercial Operations Business Partner. The Business Development team at Sompo International ... Read the full article
Lockton US hires new Executive Risk Claims leader
1st April 2021
Global re/insurance broker Lockton has appointed Sarah Downey to lead Executive Risk Claims. Downey most recently served as Managing Director, U.S. D&O Product Leader and Digital Asset Risk Transfer Leader for Marsh’s FINPRO Practice. She also served as a senior claims advocate for complex claims at Marsh. Downey joined Marsh in 2014 and ... Read the full article
BMS hires Bruce Murdock as Managing Director
1st April 2021
BMS, the independent specialist insurance and reinsurance broker, has appointed Bruce Murdock as Managing Director at BMS Capital Advisory. Murdock will report to Romulo Braga, CEO at BMS Capital Advisory and brings over 30 years’ experience in the insurance and financial services industry. He joins BMS from Lockton Capital Markets, where he ... Read the full article
Bermudian reinsurer Varney Re launches with COO Tod Austin at helm
1st April 2021
Varney Insurance Agency has announced the formation of Varney Re, a new Bermudia-based reinsurer led by Tod Austin as Chief Operating Officer. Austin was formerly president for the Atlantic Region at MEMIC Group and will now lead a specialist alternative risk transfer reinsurer as it looks to drive enhanced value for its North ... Read the full article
Guy Carpenter names Sebastian Cook MD and Head of London Europe
1st April 2021
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the appointment of Aon's Sebastian Cook as Managing Director and Head of London Europe, effective immediately. In his new role, Cook will lead the London-based teams focusing on European business and the newly formed European Broking Solutions Team, focused on ... Read the full article
R&Q names William Spiegel Executive Chairman as Ken Randall retires
1st April 2021
Randall & Quilter Investment Holdings Ltd. has formally announced the expected change of leadership as Ken Randall has retired as Executive Chairman and William Spiegel will replace him in the role. Randall has also stepped down as a Director of the Company today. The non-life legacy and run-off acquisition and management, programme ... Read the full article