Over two thirds of insurance chief executive officers are planning on changing their strategy over the next 12 months, according to new research from PricewaterhouseCoopers (PwC). Of the 121 insurance company heads surveyed for PwC’s annual global survey, 70% cited current economic uncertainty as the greatest threat to growth in the short term, and almost [...]
CNA Insurance Company Limited has announced the appointment of John Taylor as the firm’s new chief underwriting officer, with immediate effect. In his newly created position Taylor will be directly responsible to CNA Europe Chief Executive Officer John Hennessy. Taylor will be tasked with supervision of CNA Europe’s underwriting across Marine, Casualty, Property and Financial [...]
Miller has announced that it is bolstering its political risk, trade credit and political violence capabilities with the appointments of James Cunningham and Ewan Wauchope. Cunningham joins the firm from Marsh, and brings two decades of experience in the insurance industry, as well as expertise in the creation and placement of structured trade credit and [...]
AEGON has appointed its UK chief executive officer, Adrian Grace, to its management board. Most recently, Mr Grace has been responsible for leading the transformation taking place at AEGON UK, as it repositions its business. A centrepiece of the restructure was achieving a reduction in operating costs of 25% by end 2011, and refocusing the [...]
Margaret Cole is quitting her job at the Financial Services Authority (FSA) later this year. Ms Cole joined the FSA in 2005 as director of enforcement and currently holds the post of interim managing director, Conduct Business Unit. Commenting on her departure, she says: “I joined the FSA to help in the fight against wrongdoing [...]
Aspen Insurance Holdings Limited has announced that it is beginning a search for a new chief financial officer to replace Richard Houghton, who is to leave the firm on 29 February. Chief Risk Officer Julian Cusack will assume the position of acting chief financial officer until a permanent successor is appointed. Cusack formerly held the [...]
Liberty International Underwriters Europe (LIU Europe) has bolstered its Madrid office with pair of senior appointments. Jose Luis Ruiz-Poveda has been named vice president and head of Marine, Energy and Construction, Spain, with Leonardo Villalba appointed to the post of senior risk engineer. Ruiz-Poveda brings more than two decades of underwriting experience to his new [...]
Willis Re has announced the appointment of Tony Melia as the new chief executive officer of Willis Re International. Melia, whose appointment is made with immediate effect, is a veteran of the firm, which he has been at since 1988. In his new role he will lead the International Business Unit from London, and will [...]
Zurich has appointed Nicolas Burnet to the position of chief financial officer, global life, with immediate effect. The 43-year-old US citizen, who was previously the group’s chief risk officer, global life, succeeds Joachim Masur who has been appointed to the positions of chief executive officer, Zurich Switzerland, and chief executive officer, general insurance Switzerland. In [...]
JLT Specialty (JLTS) is opening a UK regional office in Reading. The news follows last month’s announcement that the commercial broker is setting up a Nottingham office. Peter Cant, who is currently head of practice, based in JLT’s Southampton premises, will set up and run the new location. Mr Cant is currently responsible for the [...]
Aon Hewitt is extending its investment consulting services to the insurance market at the same time as building on its existing offering to the corporate sector. With insurance companies facing fresh challenges in the way they manage their assets and liabilities, the new offering will provide advisory guidance and delegated investment services across a range [...]
JLT Specialty has launched a risk practice division following the reorganisation of its global risk solutions and regional partnership divisions. The firm provides specialist broking, risk management and claims consulting services to medium enterprises through to large and international companies, and the new division will have four key areas of focus: Communication, technology & media [...]
NIG, the commercial insurer, has announced the appointment of Warren Bainbridge as the new area business development manager (ABDM) for the firm’s office in Manchester. Bainbridge joins the firm from AXA, where he worked for almost two decades, most recently as North West regional director. In his new role with NIG he will assume responsibility [...]
Liberty Mutual Insurance Europe Limited (LMIE) has announced three senior appointments to bolster its claims operations in London, Madrid and The Hague. Katie MacGregor becomes head of Claims in London, Renske Franken is appointed a claims manager in The Hague and Madrid is joined by new claims manager Ainhoa Tricas Spiteri. MacGregor will lead a [...]
XL Group plc’s insurance segment has announced the appointment of Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic region. In his new role Lushington will be based in London, and will report directly to Underwriting Manager Construction, International Property Max Benz. Lushington brings more than a quarter of a century of [...]
Friends Life has announced two appointments to the senior management team of its protection business. Mark Anders becomes sales and marketing director for individual protection and David Williams becomes director of group protection; both will report to Steve Payne, managing director of UK protection. Mr Anders will take up his new role at the beginning [...]
Brit Insurance has announced the appointment of John Stratton to the newly created position of chief investment officer. The appointment, which is subject to FSA approval, will see Stratton supervise the firm’s investment and asset management activities and report directly to Group Chief Executive Officer Mark Cloutier. He joins Brit from Insurance Australia Group (IAG), [...]
AXA Commercial Lines has announced the appointment of Ryan Birbeck as the firm’s new London sales manager. Birbeck has been with the firm since 2005, and will report directly to London Branch Manager Linda Courtney. During his time with the firm he has occupied a range of roles, including in underwriting and sales. AXA Commercial [...]
MetLife has promoted Mike Hocking to the post of regional sales director for the Midlands. Mr Hocking joined the life and pensions provider in 2010 as senior sales development manager in the South West and will now run the team covering the central region. Previously, he held the post of managing director and group sales [...]
Ageas Protect has announced two key appointments to its senior management team with Scott Reid joining as head of pricing & reinsurance and Richard Halley taking up the post of partnership development manager. Mr Reid brings with him actuarial and reinsurance experience gathered from various jobs with Aon Benfield, Scor, Gen Re, and Scottish Widows. [...]
