Reinsurance News

People moves

News on insurance and reinsurance industry hiring, appointments and people moves. News and announcements covering key hires and people moves across the global reinsurance, commercial and specialty insurance markets.

The Hanover Insurance adds Theodore Bunting to board

3rd September 2020

The Hanover Insurance Group, Inc. has strengthened its board of directors with the addition of Theodore H. Bunting, Jr., effective September 1st, 2020. Most recently, Bunting served as Group President of the Utility operations at Entergy Corporation, an integrated energy firm engaged in electric power production and retail distribution, from 2012 ... Read the full article

Bermuda Monetary Authority appoints new Director within insurance unit

3rd September 2020

The Bermuda Monetary Authority (BMA) has announced the appointment of Gerald Gakundi to the position of Director Supervision within the insurance unit. Gakundi has over 15 years of experience in the insurance industry and has extensive knowledge of Bermuda’s insurance regulatory environment. In 2010, he joined the BMA as Assistant Director, Supervision ... Read the full article

Skuld appoints Naaman Jensen SVP, Head of NY operations

3rd September 2020

Leading marine insurer Skuld has appointed Åse Naaman Jensen to the role of senior vice president, head of Skuld New York. Naaman Jensen succeeds the retiring Charles Anderson and, to ensure a smooth transition, will work in parallel with him until she taking over full responsibility on 21 February 2021. Naaman Jensen ... Read the full article

Zurich UK names Tim Bailey as new CEO

3rd September 2020

The UK arm of global insurer Zurich has announced the appointment of Tim Bailey as Chief Executive Officer (CEO), succeeding Tulsi Naidu as she transitions to CEO of APAC for the Group. Bailey currently serves as Zurich's Chief Operating Officer (COO) for EMEA, and his appointment as UK CEO remains subject ... Read the full article

QBE Re combines Casualty Treaty teams to support growth

3rd September 2020

QBE Re, the reinsurance division of global insurer QBE, has announced the combination of its US and International Casualty Treaty reinsurance teams into one business unit. QBE Re London states that the establishment of a single Casualty Treaty reinsurance team is designed to enable a "unified market proposition" as the company ... Read the full article

WCL bolsters London team with two new appointments

3rd September 2020

WCL, a provider of business solutions targeting electronic placement of risks, accounting and settlement and claims for the commercial re/insurance industry, has bolstered its client offering with two new additions to its team in London. Nick Waghorn has been appointed to the newly-created role of account manager and brings over 20 ... Read the full article

Twelve Capital announces corporate governance changes

3rd September 2020

Twelve Capital, an independent investment manager specialising in insurance investments, has announced a series of changes to its corporate governance structure. The new board composition is seen as a catalyst for the future growth of the group. Urs Ramseier, Founding Partner of Twelve Capital, has been appointed as Group Executive Chairman of ... Read the full article

White Oak adds Lisa Perry as CUO

2nd September 2020

Specialist re/insurance underwriting agency White Oak has appointed Lisa Perry as Chief Underwriting Officer. Perry holds close to 30 years' experience in the industry and her most recent role was as Senior Underwriter at MS Amlin. This appointment will see her steer White Oak's underwriting strategy and develop existing business plans to generate ... Read the full article

Brendan Plessis takes distribution role at Sompo International

2nd September 2020

Sompo International Holdings Ltd., the Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Brendan Plessis as Executive Vice President, Distribution, International Insurance. In this newly created role, Plessis will lead the strategic development of broker and client relationships. In particular, he will focus on maximizing profitable growth and ... Read the full article

USAA adds Jeff Wallace as CFO

2nd September 2020

USAA, a provider of insurance, banking and investment and retirement solutions to US military veterans, has named Jeff Wallace as its Chief Financial Officer. Reporting to Chief Executive Officer Wayne Peacock, Wallace joins from Bank of America, where he most recently served as the Chief Financial Officer of the Consumer Banking and ... Read the full article

Ageas appoints Hans De Cuyper as CEO; Bart De Smet as Chairman

2nd September 2020

Ageas has announced the appointment of their new Chief Executive Officer (CEO), Hans De Cuyper, succeeding Bart De Smet, who will become the Chairman of the Group. De Smet will be replacing Jozef De Mey who recently announced his decision to step down. The pairs' new positions will become official on ... Read the full article

American Financial Group names new CFO

2nd September 2020

Insurance and investments holding company, American Financial Group has announced the promotion of Brian S. Hertzman to the role of Senior Vice President and Chief Financial Officer. Hertzman joined AFG in 1991 and has held positions of increasing responsibility within the company’s finance and accounting areas during his nearly 30-year tenure. He ... Read the full article

Zurich makes key leadership appointments, launches digital unit

2nd September 2020

Zurich Insurance Group has announced a series of key leadership appointments and new Executive Committee members, while also launching a new unit to expand its digital services worldwide. The Global Business Platforms unit will be headed by current APAC CEO Jack Howell as of January 1, 2021. Ericson Chan will spearhead the ... Read the full article

Palomar announces new COO

2nd September 2020

Insurer, Palomar Holdings has announced the promotion of Britt Morries to the role of Chief Operating Officer, effective immediately. Morries will be succeeding Jon Christianson, who has been working under the role of Chief Underwriting Officer since 1st August 2020. He will continue to serve as Chief Technology Officer whilst the ... Read the full article

Pradip Ghosh named president of Lockton Capital Markets

2nd September 2020

Re/insurance broker Lockton has appointed Pradip Ghosh president of its Lockton Capital Markets unit. Ghosh will work closely with Chief Executive Officer Ken Pierce on direction and oversight as LCM looks to build out its platform. He brings over 20 years' experience in the insurance, financial services, and asset management industries and most recently ... Read the full article