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.
McDermott Will & Emery hires insurance transaction team from rival firm
26th September 2019
International law firm McDermott Will & Emery has hired a team of eight new partners to join its newly-created Insurance Transactions and Regulation Group. The team have worked together for many years, most recently at rival law firm Drinker Biddle & Reath. They have now moved over to McDermott en masse in ... Read the full article
Markel International announces claims leadership appointments
26th September 2019
Specialist insurer Markel International has announced a series of claims leadership appointments for its wholesale and national markets businesses. Chris O’Shea, who has been with the firm since 2016, will become claims director for wholesale. He has over 19 years of technical claims handling experience in the London Market. Richard Napoli has been ... Read the full article
AIG makes dual leadership appointments to specialty business
26th September 2019
American International Group, Inc. (AIG) has announced the appointments of Steve Eccles and James Langdon to senior positions within its global specialty business. Eccles will join AIG as Global Head of Aerospace, General Insurance, while Langdon will become UK Head of Energy & Construction, General Insurance. Based in London, Eccles will be ... Read the full article
AXA XL promotes two underwriters within M&A insurance team
26th September 2019
Global re/insurer AXA XL has promoted Michelle Jensen and Pietro Tarone to the roles of senior underwriter and underwriter, within its mergers and acquisitions insurance team, respectively. The promotions of Jensen and Tarone, both of whom will be based in New York, reflect AXA XL’s continued focus on M&A insurance solutions. Jensen ... Read the full article
Kemper appoints Chubb Life’s Omiridis to deputy CFO role
25th September 2019
US insurer Kemper has announced the appointment of Anastasios Omiridis as deputy chief financial officer and principal accounting officer. Omiridis, who will report to the firm’s CFO James McKinney, joins from Chubb Life, where he served as senior vice president and CFO. Prior to that, he was senior vice president and chief ... Read the full article
Orchid recruits COO Katherine Cody from Farmers Insurance
25th September 2019
Orchid Underwriters Agency, LLC (Orchid Insurance), a specialty underwriter of catastrophe exposed property insurance, has announced the appointment of Katherine Cody as Executive Vice President and Chief Operating Officer (COO). Cody joins Orchid from Farmers Insurance Group, where she has worked for the previous 10 years, most recently as COO for ... Read the full article
Australian Reinsurance Pool names Helen Williams as COO
25th September 2019
Australian Reinsurance Pool Corporation (ARPC), the Australian Government’s terrorism reinsurance agency, has appointed Helen Williams to the position of Chief Operating Officer (COO). Williams joins ARPC from strategy consulting firm Strategy& (part of the PwC network), where she has served as a strategy consultant since 2014. Previously, Williams gained over 12 years ... Read the full article
Louis Hobson to lead Chubb’s North America Flood Insurance division
24th September 2019
Insurer and reinsurer Chubb has appointed Louis Hobson as Senior Vice President (SVP) of Flood Insurance for North America, based in Chicago and reporting to Derek Talbott, Division President of Chubb's North America Property & Specialty Lines. In this role, Hobson will work alongside the firm's personal and commercial lines of ... Read the full article
AmTrust E&S launches Excess Casualty division in LA
24th September 2019
A subsidiary of AmTrust Financial Services, AmTrust E&S Insurance Services, has announced the launch of its Excess Casualty underwriting unit, based in Los Angeles (LA). The new division will expand the firm's product offerings of E&S and will write excess liability, both supported and unsupported in all 50 states, with limits ... Read the full article
Swiss Re Corporate Solutions opens LA office
24th September 2019
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re Group, has opened a new hub for the Western United States in Downtown Los Angeles, as the firm looks to bolster its commitment to the California marketplace. The Los Angeles team will be led by Head of US ... Read the full article
CAC Specialty names Michael Rice CEO
24th September 2019
CAC Specialty, an insurance brokerage and investment banking platform recently established by Cobbs Allen, has appointed Michael D. Rice II as its Chief Executive Officer. Rice, who joins after having led JLT Specialty USA as CEO for nearly five years, will lead CAC’s team of insurance and Wall Street executives including ... Read the full article
Ascent-Cove rebrands to Optio, adds Ian Beaton as Non-Exec Director
23rd September 2019
Cyber and specialty lines managing general agent Ascent Underwriting and US construction-focused MGA Cove Programs are to be rebranded under the single name Optio. The rebrand aligns with a move to larger premises later this month as Optio looks to build a tech-focused business and set new standards in the insurance ... Read the full article
Berkshire (BHSI) expands into Spain, names country manager
23rd September 2019
Berkshire Hathaway Specialty Insurance Company (BHSI), a division of Warren Buffett's Berkshire Hathaway, has announced that it has expanded into Spain with the formation of a new office in Madrid. The company plans to initially underwrite property, casualty, financial lines, construction and engineering insurance in Spain, with an eye to later ... Read the full article
DARAG adds Zurich’s Andrew Hill as COO
23rd September 2019
Legacy acquirer DARAG Group Limited has announced the appointment of Andrew Hill as Chief Operating Officer, effective October 15. Hill joins from Zurich Legacy Solutions where since 2017 he has served as Head of Restructuring for North America. Prior to that, he worked in KPMG’s Financial Sector Transaction Services team in London, ... Read the full article
Swiss Re Corporate Solutions appoints new Head of Italy
23rd September 2019
Reinsurance giant Swiss Re's commercial insurance arm, Swiss Re Corporate Solutions, has announced that appointment of Francesco Semprini as Head Italy, effective November 1st, 2019. In his new role, Semprini will be based in Milan and will be responsible for managing the strategy, development, and performance of the firm's business in ... Read the full article
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