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.
CAC Specialty adds Jennifer Schaeffer as Senior VP
23rd August 2019
CAC Specialty, a specialty insurance brokerage and investment banking platform recently established by Cobbs Allen, has appointed Jennifer Schaeffer as its Senior Vice President. Schaeffer, who joins from Marsh JLT Specialty where she served as Senior Vice President, has been appointed to bolster the firm’s west coast business, accelerate growth ... Read the full article
Laurence Liao resigns from Sirius’ board
23rd August 2019
Laurence Liao has resigned from global re/insurance group Sirius International’s Board of Directors and his role as Chair of its Finance Committee. Sirius has stated that Liao made the decision to leave in order to focus on his role at CMIG International Holding. CMIG International is a subsidiary of China Minsheng Investment ... Read the full article
ABIR announces key regulatory appointments
23rd August 2019
The Association of Bermuda Insurers and Reinsurers (ABIR) has appointed Wendy King as Public Policy & Regulatory Affairs Analyst. Additionally, the firm’s Director of Policy and Regulation, Suzanne Williams-Charles, has been appointed with additional responsibilities as ABIR Corporate Secretary. King, who most recently served as Senior Officer at the BMA’s Policy and ... Read the full article
Trans Re promotes Andy Taylor to regional CUO oversight role
23rd August 2019
Transatlantic Holdings (Trans Re), the reinsurance arm of the Alleghany Corporation, has announced the appointment of Andy Taylor as Chief Underwriting Officer for its London, Continental Europe, Middle East and Asia Pacific businesses. The decision follows numerous changes made recently to its regional leadership teams, including the appointment of Louise ... Read the full article
EPIC Insurance Brokers adds RBS Re founders to reinsurance unit
22nd August 2019
EPIC Insurance Brokers and Consultants, a retail property and casualty (P&C) broker and employee benefits consultant, has announced the appointment of four ex-RBS Re employees to its growing reinsurance unit, EPIC Reinsurance (EPIC Re). Alex Soria, Tony Rodriguez, Randy Baker and Ken Knopp form a team of healthcare reinsurance specialists who ... Read the full article
Liberty Mutual unit bolsters leadership team with CUO hires
22nd August 2019
US primary insurer Liberty Mutual has announced the appointments of Jon Tellekamp as Chief Underwriting Officer for National Insurance, Excess Casualty, and Doug Manwaring as CUO of National Insurance, Public Entities and Programs. Tellekamp, who has served at Liberty Mutual since 2005, has had roles of increasing responsibility in the energy ... Read the full article
Marsh strengthens leadership of US, Canada Energy & Power Practice
22nd August 2019
Global re/insurance brokerage Marsh has appointed Amy Barnes and Brad Vescarelli to leadership positions within its US and Canada Energy and Power Practice. Barnes had previously worked to help to shape the newly formed Marsh-JLT Specialty Energy and Power team. She will now report to Pat Donnelly, Head of US and Canada ... Read the full article
HDI Global adds Zurich’s Yves Betz to management board
22nd August 2019
HDI Global SE, the industrial insurer of the HDI Group, has announced the appointment of Yves Betz to its management board, who will take over responsibility for the company’s business in Europe and North and South America. As of 1 December 2019, he will succeed Stefan Sigulla, who is stepping down ... Read the full article
SSL Endeavour bolsters leadership with two senior appointments
21st August 2019
SSL Endeavour, the specialist independent Lloyd’s broker and delegated authority expert, has announced the appointments, with immediate effect, of Jonathan Palmer-Brown and Hugh Crossland as group Non-Executive Chairman and group Chief Financial Officer respectively. Jonathan Palmer-Brown joins with over 50 years’ experience, having first entered the London market in 1968 with ... Read the full article
DARAG names James Insley CFO, as Halley departs
21st August 2019
Legacy acquirer DARAG Group Limited has announced the appointment of James Insley as Group Chief Financial Officer (CFO), effective from September 2. He will succeed outgoing CFO James Halley, who is due to leave the business in mid-September. Insley joins DARAG from the Warranty Group, where he most recently served as European ... Read the full article
AIG recruits Sabra Purtill from The Hartford as Deputy CFO
21st August 2019
American International Group, Inc. (AIG) has announced the appointment of Sabra Purtill as Deputy Chief Financial Officer (CFO), Head of Treasury, Investor & Rating Agency Relations, and Corporate Development. In this newly established role, Purtill will oversee AIG’s engagement with key financial stakeholders, including ratings agencies and the investor community, in ... Read the full article
Hamilton seals Liberty acquisitions, adds Tony Ursano as group CFO
21st August 2019
Bermuda-based re/insurer Hamilton Insurance Group has completed its previously announced acquisition of Pembroke Managing Agency and its platform at Lloyd's, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group. The addition of both the Pembroke and IEDAC businesses accelerates Hamilton’s growth plans in specialty insurance, whilst ... Read the full article
Paul Brady to lead London Market TOM delegated authority
21st August 2019
The London Market Group has appointed Paul Brady to lead the delegated authority workstream for the London Market Target Operating Model (LM TOM). Paul Brady serves as Head of Policyholder & Third Party Oversight at Lloyd's and succeeds Ian Fantozzi in this new role. Fantozzi is the Chief Operating Officer at Beazley ... Read the full article
Dick Dowd appointed American Integrity Exec VP
20th August 2019
Florida domiciled residential property insurer American Integrity has announced the appointment Dick Dowd as Executive Vice President. Dowd, who most recently served as Senior Vice President of Aegis General, brings over 30 years’ experience across personal, commercial, standard and specialty insurance lines. He reports to Bob Ritchie, President and Chief Executive Officer, ... Read the full article
Everest Insurance appoints Kyle Adams to lead Bermuda operations
20th August 2019
Everest Insurance, a division of global reinsurer Everest Re Group, has appointed Kyle Adams to lead the firm’s Bermuda operations. Kyle, who brings over 20 years’ experience to the role, joins from JLT Specialty Bermuda having served as Co-Chief Executive Officer. Prior to his time at JLT, Adams spent 19 years with ... Read the full article