TransRe, the New York headquartered reinsurer wholly owned by Alleghany Corporation, has altered its underwriting structure and made a number of key promotions.
The changes come as the firm looks to sharpen its portfolio analysis and consistency, while maintaining client and broker relationships.
Firstly, Paul McKeon has been promoted to President, Regional Markets. In this role, he will lead the reinsurer’s underwriting and market operations.
The regional teams that will report into McKeon continue to be responsible for executing local market strategies, underwriting, marketing and client / broker development.
As part of this change, Kyle Rhodes, who recently led TransRe’s Asia Pacific region, has been named President, North America. Additionally, Andy Taylor has been promoted to lead the firm’s International team which includes the UK, Europe and Asia Pacific regions.
Rhodes, Taylor, and Jorge Beltran, who continues to lead TransRe’s Latin America regions, will all report directly to McKeon.
TransRe has also promoted Elizabeth Geary to President, Global Portfolio Management. In this role, she will lead a team focused on underwriting portfolio analysis. The team reporting to Geary will include Lisa Moser, Global Property Leader; Brian Finlay, Global Professional Liability Leader; and Keith Trigg, Global Casualty Leader.
Geary is also set to retain her role as Chief Underwriting Officer (CUO) for North America, supporting Rhodes and his team.
These promotions follow the appointment of Ken Brandt as TransRe’s President and Chief Executive Officer (CEO) back in March, and the promotion of Paul Bonny to Executive Vice Chairman. Both McKeon and Geary will report directly to Brandt.