Crum & Forster
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The executive will be based in the company's Morristown, New Jersey office.
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The upgrade reflects improvements in C&F’s financials and those of parent company Fairfax.
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The Texan program manager will provide trade credit insurance to the energy sector in North America.
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As insurers grow more comfortable with retaining attritional cyber risk they are altering reinsurance placements.
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CEO Prem Watsa also said his company would prioritize using its capital to grow its P&C business to seize on firm market conditions.
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Sussman will report directly to Crum & Forster CEO Marc Adee.
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Lubin brings nearly 30 years of surety-centric leadership experience to the role and will report to CEO Marc Adee.
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Alan Fiano has joined the business from Great American Insurance Group.
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Cassie Quaranta and Vlad Borovskyi have joined the carrier’s New Jersey and Georgia offices.
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US head of crisis management Nicky Alexandru and his team follow the portfolio across to Crum & Forster.
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Justin Thompson and Brian Heraty have joined the business in New Jersey and Colorado.
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Nicole Bennett was previously chief of staff at the insurance group.
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Former Ryan Specialty Group and AIG executives join Nexus to lead the alliance.
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The marine specialist previously worked for ProSight Specialty.
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Safeer Mohammed and Ross Perkins have joined the business in Atlanta.
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Sources said the insurer has struck a renewal rights deal with International Marine Underwriters.
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The Nexus unit will write trade credit risk in the US on a fully admitted basis.
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Robert Opitz joins the Fairfax-owned business after 24 years at Chubb.
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