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The move comes after Everest sold renewal rights for its global retail business to AIG. -
The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
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The executive joined the company from Zurich last year.
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The executive joins from RenaissanceRe.
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Finance and insurance hiring is 27% below 2022’s peak, compared with 37% nationwide.
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A motion by defendants to dismiss the case was also denied.
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AIG made the shock announcement earlier today that John Neal is not joining the insurer.
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The ex-Lloyd’s CEO was due to join AIG as president but will not take up the role due to personal circumstances.
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Bryant has spent over 30 years with the specialty carrier.
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The CEO thanked his friends and colleagues and said he was “going quiet”.
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The executive most recently served as the company’s chief broking officer.
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Chief risk officer Shannon Lucas will move to COO as part of the shakeup.
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Adeptive co-founder and CUO Jeff Bright will lead the MGU’s US strategy.
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Marsh is also suing a second tier of former Florida leaders.
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This publication exclusively reported the executive’s plans last month.
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Interim CUO Nick Pritchard turned in his notice in August of this year.
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The executive will fill the role previously held by Howden’s Figliozzi.
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The search for a CFO had been underway since last July.
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The broker will join Ron Borys’ financial lines team.
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Erbig joins after more than 20 years in finance-related positions at Liberty Mutual.
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Jason Keen joined Everest in 2022 as head of international.
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The executive joined the Dallas-based insurer as CUO in 2023.
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This publication revealed the move earlier this year.
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The executive’s exit follows CEO Joseph Lacher’s resignation last week.
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The broker said WTW hasn’t shown it was irreparably harmed by the defection.
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APIP is one of the world’s largest property programs.
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The carrier recently expanded its reinsurance product suite in Bermuda.
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Haney will remain on board as a senior adviser.
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The appointments are aimed at offering a clearer team structure.
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Sources said that the executive will join the reinsurance brokerage next year, after his garden leave expires.
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WTW’s Jessica Klipphahn will take over as head of North America mid-market.
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The reinsurer also hired Martin Bages as Latin America and Caribbean head.
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Ben Hanback joins from Aon, where he spent almost a decade.
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Bill Ross has been CEO of the non-profit for 21 years.
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Bonnet has spent more than four years at WTW in increasingly senior roles.
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The hire comes a few months after Nick Greggains was promoted to CEO.
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The London-based executive will relocate to Daytona Beach, Florida.
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The new chief executive has served on PI’s board since 2018, including as chair.
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The broker will report to Howden US CEO Mike Parrish.
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The broker’s new business and client services division is targeting $400mn of savings.
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Dale Krupowicz was also named head of operations for the segment.
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The motion claims the New York court has no jurisdiction in the case.
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Joseph Lacher will step down as president and CEO and resign from the board.
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After six years as CFO, Mark Craig is taking on the position of chief investment officer.
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Neil Ross was also appointed CUO for the broker’s MGA.
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Brian Church has spent 20 years at Chubb.
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The reshuffle is likely laying the foundations for the eventual succession to CEO Mario Greco.
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Mike Mulray joins from Everest, where he was EVP president of North America insurance.
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The international division is seeking a new London market manager.
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Moretti has relocated to California from London.
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Founder Chad King will transition to chairman but continue leading M&A efforts.
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WTW claims at least two $1mn accounts were also unfairly lost to Howden.
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The broker is understood to manage Brown & Brown’s account at Howden.
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Jeremiah Bickham will be a strategic adviser until the end of the year.
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Lupica moved to the role last year as part of a staggered handover of responsibilities to Juan Luis Ortega.
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The move marks Acrisure Re’s first investment in Latin America.
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The executive was formerly EVP and central regional leader at Aon.
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The executive has been at the broker for over 20 years.
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The two executives join from Markel and Arch, respectively.
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The executive will officially start in mid-November.
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Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
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The company will implement a new leadership structure after his departure.
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The executive has worked for Aon for almost two decades.
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The executive was most recently serving as CRO – insurance.
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Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.
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The business is beginning to integrate following a $9.8bn acquisition.
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The move is the latest in a series of casualty leadership shake-ups at the insurer.
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She previously served as Hub’s North American casualty practice leader.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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Superintendent Harris is stepping down this month after four years of service.
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The MGA secured a “significant strategic investment” from Zurich earlier this year.
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The subsidiary will offer primary and excess liability.
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The executive previously spent more than 16 years at The Hartford.
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Return horizons are shifting, and entrepreneurial underwriters should start looking at longer tail business.
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Marlon Williams will focus on the placement of reinsurance and retro business.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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He will drive the growth of Chubb's claims-made excess casualty facility.
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Getting that message across is key to bettering the industry.
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The executive joins the company after 17 years at Aon.
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The executive has also held senior positions at Lockton and Marsh.
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The executive has been with ASG since it was formed in 2016.
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The insurance industry’s lower reliance on foreign skilled workers softens the blow.
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The executive will join Howden’s new US retail broking operation.
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
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He will spearhead the division’s launch slated for 2026, which will be the first product launch for ICW Group’s specialty unit.
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The executive will initially focus on casualty fac business incoming as the result of the Markel renewal rights deal.
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The executive met with UK colleagues to discuss plans for the US business.
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Markel’s Bryan Sanders is receiving the Lifetime Achievement Award for his service to the industry.
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The succession could take some time, and the current CEO could also move to exec chairman.
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Lockton Re has predicted major growth in the global cyber insurance market.
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A federal judge restricted former Marsh employees from soliciting for Howden.
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The Chicago-based executive was previously Everest’s CUO of excess casualty.
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Her predecessor will become head of US excess casualty and operations.
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This follows the news that AmTrust will spin off some of its MGA businesses.
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The executive joins from MSIG USA.
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The business said it was experiencing strong momentum on the Island.
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He was appointed CUO of casualty, Americas, in July last year.
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The executive previously held roles at The Hanover, CNA and AIG.
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Tricia Loney brings 20 years of industry experience to the role.
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The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
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The carrier’s US and Europe claims teams will report to Dominic Clayden.
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The team previously operated with Sheerin and Woodruff but will grow to five brokers.
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Former head of construction Bill Creedon will assume the role of chairman.
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He joins the company after 22 years in casualty leadership roles at Chubb.
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Bill Bouvier has spent more than three years at the legacy firm in this role.
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Both executives will be based in New York City.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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The executive stepped down from Oneglobal in July after five years leading the firm.
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The executive will oversee the direction and management of the firm’s liability portfolio across the US and Canada.
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The executive has been serving as COO since February.
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The executive most recently served as head of North American treaty reinsurance.
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The executive said claims can be a differentiator in a softening market.
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The broker has filed a motion to dismiss the lawsuit by Marsh.
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CFO Liam Caffrey has been elected as Rountree’s successor.
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Henrietta Butcher leaves Tysers after decades with the broker.
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Lisa Binnie will succeed him as president of the company’s specialty admitted segment effective September 1.
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The company said defendant "distraction" can’t make up for flimsy arguments.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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After spending 20 years at Aon, Goodman will start a senior executive position with Guy Carpenter.
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Angus Hampton, meanwhile, has been promoted to head of casualty in place of Mario Binetti.
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The long-time Allianz and Hive executive will be based in New York City.
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Hasnaa El Rhermoul will be SVP at Ethos Transactional, sources said.
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He succeeds Felix Cassau, who is joining Hannover Re.
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Kerr will begin a new role as CEO at Market Innovators.
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The lawsuit is the third filed by MMA against Alliant in the past year.
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Parrish, now CEO of Howden US, and his colleagues said they didn’t violate contracts.
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The executive succeeds current CEO Petway, who is retiring.
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Patton Kline succeeds Glod as US aviation and space practice leader.
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The promotions will enhance underwriting capability across key segments.
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Claude Wade is to step down from his role to address ongoing health issues.
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The executive was previously Navigators’ head of excess casualty.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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The executive has previously served on VCIA’s board of directors.
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The executive joins from Coalition and brings more than 30 years of experience.
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The executive has worked for JLT Re, Lockton Re, Willis Re and US Re.
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Appointments include leadership in transportation, energy, marine and others.
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Teresa Black will succeed him as division president of North American surety.
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She joins the specialty insurer after working at Hamilton as CUO.
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The former executive passed away following a 40-year career in insurance.
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The industry veteran also served as president and CEO of Starr Global Accident & Health.
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The executive has been with the brokerage since 2004.
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The executive joins from At-Bay and brings more than 25 years of experience.
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The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.
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Group CEO David Howden says: ‘Our doors are open’.
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The company has also appointed David Tran as head of programs, Canada.
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The newly created role consolidates leadership across UK entities.
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An industry veteran of 34 years, the executive is known for placing US healthcare business in London.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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Nadia Beckert was promoted to Bermuda CUO in March.
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The president expects to see benefits from the deal in H2 2026.
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Lion's share of Markel Re staff have been offered roles at Ryan, with others to work on run-off.
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The executive formerly held roles at At-Bay, AIG and Hiscox.
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The Miami-based executive assumes the role left vacant by April McLaughlin.
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The executive was previously head of excess casualty, North America.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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Matthew Flynn joins from RenaissanceRe.
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The executive has been with the company for roughly one year.
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The executive left Lockton Re in June after almost six years.
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The executive had previously worked four years as head of trade credit for AIG.
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The executive will continue to lead CRC Insurisk in the expanded role.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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The former Everest executive has more than 30 years of A&H experience.
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He will serve as an independent non-executive member.
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Jill Beggs was most recently COO for reinsurance.
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Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.
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Jim Franson joins from Validus Re, where he was US president.
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It is slim pickings for quality mega deals and the brokerage has an in-built need for speed.
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The former Corvus president will report to Ajit Jain.
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The move consolidates the company’s leadership of primary and excess construction casualty lines.
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Incumbent Oskar Buchauer is stepping down after 27 years.
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Alcor has also opened an Atlanta office, broadening operations in the US market.
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The executive briefly exited the firm last month for a role at Marsh.
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Laure Forgeron has worked at the Swiss carrier since 2009 in numerous senior positions.
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Succession, heavyweight M&A and expanding beyond its core will all test the broker.
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Michael Mora was appointed North America CEO just over a year ago.
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The industry veteran has been in personal lines HNW for more than four decades.
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CEO Jeff Consolino will undertake CFO duties on an interim basis.
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The broker has emerged as the emphatic winner of the supercycle, but new tests are coming.
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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
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Underhill spent nine years at BHSI as global head of transactional liability.
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Peter Cordell will join Syndicate 1729 in January.
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John Neal was due to start at Aon as global reinsurance CEO in September.
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The former Lloyd’s CEO will not make his planned move to Aon.
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He has pleaded not guilty to the criminal charges, which carry potential life sentences.
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The executive has spent 13 years in the broker’s marine division.
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Last year, the firm obtained a Class 4 license in Bermuda.
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While official return to office mandates have gathered steam, what they look like in practice can vary widely.
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Finsness joined the carrier in 2014 and was head of casualty claims in Bermuda from 2017 to 2023.
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The MGA is expected to launch a product-recall portfolio in September.
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The appointments will be effective as of August 1.
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His 30 years of experience includes stints at Tokio Marine and Swiss Re.
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The broker also alleges a coordinated effort undermine client confidence.
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The executive previously held roles at Capgemini, The Hartford and AIG.
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Although overall compensation has gone up, analysis shows divergence versus value creation.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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She joins the brokerage after 18 years at Canada’s Intact.
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But June was the busiest month of the year on the back of recent broker churn.
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The executive succeeds Tim Barber, who left the firm as of July 1.
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The executive joined The Hartford when it acquired Navigators in 2019.
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Last month, Insurance Insider US revealed that former GTS Americas head Scott Pegram had left the company.
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The unit will include both ocean and inland marine coverage.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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The changes affect operations in Switzerland, Bermuda and the US.
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Separately, Caribbean market head Janine Seifert is leaving the reinsurer for BMS Re.
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The broker has expanded the number of global industry verticals to seven from four.
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He was most recently Marsh’s US manufacturing and automotive practice head.
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The executive brings more than 25 years of insurance experience.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.
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The executive has experience as both an attorney and a broker.
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The restructuring affected less than 5% of its workforce, according to the company.
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Understanding people’s strengths was seen as key to mitigating workplace challenges.
