Reinsurance News

Talcott announces leadership reshuffle

27th February 2020 - Author: Staff Writer

Life and annuity insurer Talcott Resolution Life has announced a series of leadership appointments aimed at driving growth.

TalcottPeter Manley will join the company as head of Corporate Development and Strategy and will be responsible for overseeing the development and execution of the company’s growth strategy.

He brings over 20 years’ experience in the insurance and financial services industry and most recently served as a managing director in J.P. Morgan’s Financial Institutions Group.

George Eknaian, the company’s former Chief Risk Officer, has assumed the newly created role of head of pricing, and will partner with Manley to guide business development efforts.

He has more than 35 years’ experience within the industry, including his role as the company’s Chief Risk Officer and various senior actuarial roles at The Hartford and Travelers.

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Christopher Abreu has been promoted to Chief Risk Officer and will oversee all aspects of risk management for the company.

He has more than 30 years’ experience, including his role as the company’s head of risk measurement and reporting and various senior leadership roles in enterprise risk management, variable annuity hedging, and actuarial at The Hartford and Travelers.

“I am energized by these changes to our leadership team and we are primed for the future growth of our company,” said Pete Sannizzaro, President and Chief Executive Officer.

“Adding a well-rounded executive like Peter to our accomplished leadership team strengthens our ability to prudently grow Talcott Resolution as a premier risk partner for insurers.”

Henry Cornell, Founder and Senior Partner of Cornell Capital LLC, which led the investor group that acquired the company in 2018, added, “We continue to be excited about our investment in Talcott Resolution.

“These enhancements to the executive team, coupled with the company’s robust risk and capital analytics, further position Talcott to be a leader in the consolidation of complex liabilities in the life industry.”

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