Leadership Change

International specialty insurance firm Ryan Specialty Group has announced the promotion of Michael van Acker to executive vice president of RT Specialty, Ryan Specialty’s wholesale brokerage and binding authority specialty.

Specialist insurer Beazley plc (Beazley) has announced board changes – one departure and two appointments.

Markel Corporation (NYSE: MKL) announced today that Teri Gendron will become its next Chief Financial Officer effective March 20, 2023, succeeding Jeremy Noble who became President of Markel’s insurance operations earlier this year.

A startup launched as a COVID-19 testing company is pivoting to a “Netflix” model of health insurance.

Vertical Insure, the embedded insurance platform for platforms, today announced it raised $2M in additional financing, bringing its total seed funding raised since inception to $6M. Greenlight Re Innovations led the additional financing, with participation from Groove Capital, Daren Cotter and other strategic angel investors.

Jonathan Zaffino (pictured), group president at Ascot Group since 2020, will now also serve as chief executive with immediate effect. The new boss replaces Andrew Brooks, who has retired but will stay on as a board member.

AXA XL has appointed Patrick Lee as Chief Financial Officer (CFO) for Canada. Based in Toronto, Mr. Lee joins Canada’s executive leadership team effective February 1st, 2023.

Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today Amy Halliburton has joined as Chief Human Resources Officer. Halliburton will be responsible for all HUB human resource strategic initiatives including talent acquisition and management.

Despite 102 million Americans self-reporting a need for life insurance, market uncertainty, layoffs, and inflation will keep many of them from taking the leap in 2023. Streamlining the purchase funnel, removing friction from the application process, and focusing on value will help carriers claim their share of a more competitive market.

Travelers Europe today announced that Peter McConnell has joined the company as Chief Financial Officer, succeeding Mike Gent.

Berkshire Hathaway Specialty Insurance (BHSI) today announced it has appointed Nick Major to the position of Country Manager, BHSI UK.

Chubb has appointed Hng Keng Yoong (pictured above) as Singapore country president for general insurance operations.

Founded by Nigel Lombard, Peppercorn has created the world’s first conversational AI insurance assistant. Peppercorn’s platform enables customers to benefit from a more responsive and user-friendly experience, from insurance purchase to policy adjustments.

AI insurtech Concirrus has launched the latest version of its marine hull market model, its most sophisticated marine insurance risk model to date, it claims.

Marsh has named Robert Perry as UK CEO, credit specialties, Marsh Specialty.

DeSanto succeeds current Chair Ted Mathas who retired as New York Life’s CEO last year after serving in the role for 14 years.

Swiss Re has announced its appointment of Velina Peneva (pictured) as group chief investment officer.

Schädler is tasked with providing strategic leadership across bolttech’s Europe operations, driving new and existing market and partnership growth.

The Board of Directors of Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that Tony Cheng has been appointed to the role of President, effective January 4, 2023, succeeding Anna Manning, who remains Chief Executive Officer. Consistent with her long-held plans, Manning will retire from her role as Chief Executive Officer on December 31, 2023. The Board plans to appoint Cheng as Chief Executive Officer effective January 1, 2024. The Board has also appointed him to the Board of Directors effective immediately.

Marsh has appointed Chou Sean Chong as CEO of Marsh Insurance Brokers (Malaysia), effective Jan. 1. He is based in Kuala Lumpur and will report to James Addington-Smith, CEO, South Asia, Marsh.

Zurich Insurance Group has announced that Penny Seach, currently chief underwriting officer for Europe, the Middle East and Africa, will be promoted to the role of group chief underwriting officer effective Jan. 1. Seach will report to Sierra Signorelli, CEO of commercial insurance.

Farmers announced that Raul Vargas has been appointed to the position of Farmers Group, Inc. president & CEO effective January 1, 2023, when current president & CEO Jeff Dailey will step down and continue as Chairman of the Farmers Group, Inc. Board of Directors.

Allianz Partners has today announced the appointment of a new chief executive with Tomas Kunzmann primed to step into the role, effective from July 1, 2022. Kunzmann will take over from Sirma Boshnakova, who was appointed board member of Allianz SE earlier this year.

Egan’s departure from RSA was announced in December last year with Ken Norgrove succeeding him.

Egan’s departure from RSA was announced in December last year with Ken Norgrove succeeding him.

AXA XL has appointed Bertrand Romagne to the role of CEO for XLRE Europe.

Cover Genius, an insurtech for embedded insurance, has announced three key additions to its leadership team as demand for embedded protection continues to increase.

Chubb has announced the appointment of David Kirk as head of marine for Chubb Global Markets (CGM), the company’s London market wholesale and specialty business including its Lloyd’s platform. Kirk is currently cargo product head and deputy head of marine at CGM.

Insurance and reinsurance broker firm BMS has appointed Ian Gormley as its new UK CEO.

Allianz and Swiss Re, members of the Insurance Development Forum (IDF), will lead a Tripartite risk transfer project for urban floods in Ghana.

Lloyd’s of London has re-appointed Bruce Carnegie-Brown for his third term as chairman, running from June 2022 until June 2025.

Liberty Mutual Insurance has named Monica Caldas its next EVP and CIO. Caldas will enter her new role effective January 2023, after James McGlennon retires. The company announced the succession plan in a release today.

Global insurer, Chubb has announced that Cheryl Krauss has been appointed Senior Vice President, Chubb Group and Chief Communications Officer.

CoverGo, a global enterprise no-code SAAS insurance platform, secured $15 million in Series A funding led by California-based SemperVirens VC with participation from U.S. venture capital firms SixThirty, Tribeca Early Stage Partners, and Fresco Capital.

Chubb has named Paul Johnstone as its new country president in Canada, moving up from his role as COO.

AXA shareholders approved all resolutions submitted to them by the board of directors at the company’s annual shareholders’ meeting Thursday.

Resilience, which provides cyber insurance and security solutions to mid-market enterprises, continues to build its experienced insurance team with the addition of Sarah Thompson as SVP of Underwriting.

HM Treasury formally launched the taskforce today to develop the “gold standard” for UK firms’ climate transition plans.

Insurance conglomerate American International Group Inc. has named Tom Bolt its chief risk officer.

Reinsurance giant Swiss Re has appointed Claudia Cordioli as the new Group Finance Director, reporting to Group CFO John Dacey.

Aviva said on Monday it appointed Charlotte Jones to be its new chief financial officer, replacing Jason Windsor who will leave the British insurer in June after 11 years in the role.

Swiss Re has appointed Ivan Gonzalez as the new CEO reinsurance China and China country president, while Katie McGrath will succeed him as the regional CEO for Swiss Re Corporate Solutions in North America, both subject to regulatory approvals.

AXA XL today announced Nancy Bewlay has been appointed as Chief Executive Reinsurance with immediate effect.

Lloyd’s has announced the appointment of Sara Gomez as chief people officer (CPO), effective immediately.

WTW has announced the appointment of Pardeep Bassi as global position leader in data science for the company’s insurance consulting and technology business. In the newly created role, Bassi will lead the advancement of the unit’s data science capability globally, building on WTW’s analytics and data science software, Emblem and Radar.

Zurich Life & Investments has expanded its operations team by appointing Suzi Leung as its new chief claims officer (CCO), effective immediately.

Connecting information across data silos to accelerate insurance brokers and agents into the digital age.

The Chairman and Chief Executive Officer (CEO) of global insurer AIG, Peter Zaffino, said today that the carrier is “very pleased” with the outcome of its core reinsurance placements at the January 1st, 2022 renewals, despite limited retrocessional and other capacity issues.

Business owners and leaders must take these trends into account when developing a robust risk-management strategy.

Specialist global insurer, Hiscox, has announced the appointment of Jon Dye as its new UK CEO, effective September 2022, subject to regulatory approval.

Innoveo, a global technology firm and pioneer in enterprise no-code solutions, today elevated its President, Vinod Kachroo, to Chief Executive Officer (CEO). Current CEO, Amir Ghaffar, will continue on the Board of Directors as Executive Vice-Chairman.

QBE has appointed Kevin Shallow as Director of Underwriting and Product Head for Marine, subject to regulatory approval.

wefox, the Berlin-based digital insurance company, is continuing to build its world class team with the appointment of Peter Huber as Chief Insurance Officer. Mr Huber was formerly CEO at Zurich International. He starts at wefox on Monday 20th September.

Aegon NV said Wednesday that Deborah Waters will be appointed as chief technology officer, effective from Monday.

Chubb today announced that Miriam Connole has been appointed Chief Financial Officer for Overseas General Insurance, the company’s international general insurance operations.

Lloyd’s CFO Burkhard Keese is lining up to take on COO duties when incumbent Jennifer Rigby departs towards the end of this month.

Nguyen assumes the role after a two-year tenure as Vertafore’s VP of product development.