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In tandem, the Bermudian promoted David Corry and Greg Chilson to heads of casualty and professional lines, respectively. -
Current CEO Thomas Bradley, who announced his intention to retire on the closure of the deal, will receive a one-time cash bonus of $1.2mn.
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The executive will oversee AIG’s global technology and cybersecurity strategy and lead the insurer’s cloud strategy, along with other modernization technologies.
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In tandem, the firm elevated Cynthia Beveridge as global chief broking officer for commercial risk.
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The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.
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As CFO, Meier will oversee Assurant’s global finance and technology organizations and continue to report to Assurant president and CEO Keith Demmings.
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The executive will be responsible for formulating and implementing the healthcare liability segment’s strategy and approach to underwriting.
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The executive has over three decades of surety experience in underwriting, consulting, and claims roles, including a stint as surety claims counsel.
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The E&S personal lines insurer also named Malcolm Tsung as commercial lines product management VP and Scott Crozier for a similar role in the personal lines division.
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Christopher Balch is succeeding Matthew Mueller, who has been named chairman of the business. Both appointments are effective immediately.
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The low multiple shapes the decision set of the management team, negatively impacts staff, and creates potential opportunities for rivals.
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A liability underwriter for over 23 years, he will lead Aon’s contractor’s professional liability team.
