Aviva France appoints CEO
by Gill Montia
Story link: Aviva France appoints CEO
Aviva has announced that Nicolas Schimel has been appointed chief executive officer of Aviva France, following the resignation of Philippe Maso y Guell Rivet. Mr Schimel moves from the post of chief executive officer at UFF, an independent adviser company majority-owned by Aviva France, having previously undertaken a range of high profile roles in the [...]
Aon Benfield appoints facultative CEO
by Gill Montia
Story link: Aon Benfield appoints facultative CEO
Aon Benfield has announced a new appointment within its facultative division. With immediate effect, Paul Summers has become global chief executive officer of Aon Benfield Fac, reporting to Dominic Christian and Michael Bungert, co-chief executive officers of Aon Benfield. Over the past 12 months, Mr Summers has led Aon Benfield Fac’s international business and his [...]
Aviva’s Andrew Moss steps down over pay row
by Gill Montia
Story link: Aviva’s Andrew Moss steps down over pay row
Aviva has announced that Andrew Moss is stepping down and has ceased to be chief executive officer with immediate effect. Last week, Mr Moss declined a pay increase for 2012, Aviva’s board having heeded a number of concerns raised by shareholders regarding its latest remuneration report. The group’s chairman designate, John McFarlane, has been named [...]
Willis Re appoints Asian CEO
by Gill Montia
Story link: Willis Re appoints Asian CEO
Willis Re has appointed James Beedle as chief executive officer of its Asian operations. Mr Beedle joined the Willis Re team in 1998 and has since worked with numerous global insurance company clients, focusing on the strategic use of reinsurance to assist with capital management and earnings volatility. In 2008, he was appointed chief operating [...]
Willis appoints global analytics CEO
by Gill Montia
Story link: Willis appoints global analytics CEO
Willis has appointed Rowan Douglas as chief executive officer of global analytics. Based in the UK and reporting to group president, Grahame Millwater, Mr Douglas moves from CEO global analytics at Willis Re. In his new role he will oversee all analytics-related activities and expenditures across the group, including the Willis Research Network. The broker [...]
Surprise resignation of CFS chief executive
by Gill Montia
Story link: Surprise resignation of CFS chief executive
Last week’s announcement by Co-operative Financial Services (CFS) that it is in talks with Royal London regarding the possible sale of its life insurance business has been followed by the surprise resignation of its chief executive, Neville Richardson, who says he is moving on to seek new challenges. Mr Richardson joined CFS is August 2009 [...]
Aviva France CEO appointed
by Gill Montia
Story link: Aviva France CEO appointed
Aviva has appointed Philippe Maso y Guell Rivet as chief executive officer of Aviva France and underwriting, pricing and product director for Aviva Europe. Having begun his career with Mazars and also worked for UAP Group, Mr Maso y Guell Rivet’s previous senior roles include chief executive officer of AXA Insurance UK and finance director [...]
Aviva makes senior UK Life appointments
by Gill Montia
Story link: Aviva makes senior UK Life appointments
Aviva has announced changes to its UK leadership team in response to the departure of Toby Strauss, chief executive officer, UK Life, who is leaving to take up a new role with Lloyds Banking Group. David Barral has been appointed as his replacement, reporting to Aviva’s UK chief executive officer, Mark Hodges. He will also [...]
Amlin appoints ACI CEO
by Gill Montia
Story link: Amlin appoints ACI CEO
Amlin has appointed Kim Hvirgel as the new chief executive of its wholly owned Netherlands-based subsidiary, ACI. Mr Hvirgel was previously chief executive officer of Codan Forsikring, RSA’s Danish subsidiary, having joined the firm in 2001 and previously served as head of commercial underwriting for Denmark, and Nordic divisional director for commercial lines. Commenting on [...]
JLT Re appoints chief executive
by Gill Montia
Story link: JLT Re appoints chief executive
JLT has announced that Alastair Speare-Cole is joining JLT Reinsurance Brokers as chief executive. Mr Speare-Cole is currently chairman of Aon Benfield Securities and subject to regulatory approval, will take up his new post as soon as contractual obligations with Aon come to an end. Commenting on the appointment, JLT chairman, Alan Griffin, says, “This [...]
Willis creates Asia Pacific, Middle East and Africa unit
by Gill Montia
Story link: Willis creates Asia Pacific, Middle East and Africa unit
Willis says it is “aligning” its Asia Pacific business with its Middle East and Africa operations under the leadership of Roger Wilkinson as chairman and chief executive officer. Hong Kong-based Mr Wilkinson, who was formerly chief executive officer of Willis Asia Pacific, will continue to report to Sarah Turvill, chairman and chief executive officer, Willis [...]
Willis reshuffles senior management
by Gill Montia
Story link: Willis reshuffles senior management
Willis has announced a series of senior management appointments at its reinsurance, wholesale and placement divisions. The changes usher in the next phase in the development of Willis Global, a new business unit launched last year, which now encompasses Willis Re, Global Specialties, Global Markets, Faber & Dumas, Willis Capital Markets & Advisory, Willis Global [...]
Government names CPMA chief
by Gill Montia
Story link: Government names CPMA chief
HM Treasury has named Martin Wheatley as chief executive designate of the Consumer Protection and Markets Authority (CPMA). Under the new regulatory structure announced last summer, the CPMA will have responsibility for promoting confidence in financial services and markets, with particular focus on ensuring that consumers are protected and that financial markets work effectively. The [...]
Lloyds’ general insurance chief heads for Friends
by Gill Montia
Story link: Lloyds’ general insurance chief heads for Friends
The head of general insurance at Lloyds Banking Group is reported to be quitting his post to take up the role of chief executive at Friends Provident. Andy Briggs is expected to make the switch within the next six months, having moved from Scottish Widows to become Lloyds’ chief executive, general insurance, during a shake-up [...]
Willis makes senior North America appointments
by Gill Montia
Story link: Willis makes senior North America appointments
Willis Group has appointed Vic Krauze as chairman and chief executive officer of Willis North America. Mr Krauze will report to Joe Plumeri, chairman and chief executive officer of Willis Group, and will serve as a member of Willis’ executive committee. Formerly president and chief executive officer of Willis North America, he succeeds Don Bailey, [...]
AXA launches broker travel extranet
by Gill Montia
Story link: AXA launches broker travel extranet
AXA Insurance has launched AXA Travel extranet, an online portal for brokers. According to the insurer, the new facility is easy to use and allows registered brokers with an imarket login to AXA’s broker website to provide “quality travel insurance from a recognised provider”. Users can then actively manage their clients’ travel portfolios through the [...]
AXA Assistance appoints CEO
by Gill Montia
Story link: AXA Assistance appoints CEO
AXA Assistance has appointed Bob Ewers as chief executive officer of its UK and Irish operations. Mr Ewers has been working for the wider AXA group for ten years, joining AXA Assistance in 2008 where he most recently held the post of deputy chief executive officer and was primarily focused on motor business. He takes [...]
Aviva CEO compromised in office affair rumours
by Gill Montia
Story link: Aviva CEO compromised in office affair rumours
Rumours of a romantic affair between the chief executive of Aviva and a junior employee have resulted in the group’s chairman, Lord Sharman, speaking to The Times. Chief executive, Andrew Moss, reportedly arranged for the member of staff with whom he is linked to be seconded to his office and his reputation has been put [...]
Admiral boss slams executive salaries
by David Masters
Story link: Admiral boss slams executive salaries
Admiral’s chief executive, Henry Engelhardt, has lashed out at the salaries paid to other insurance bosses. The American millionaire, who takes home a £320,000-a-year salary, said he is “amazed” at the pay packets of other leaders in the insurance industry. “What can a [chief executive] do to warrant the kind of packages put together compared [...]
New AIG chief makes his mark
by Gill Montia
Story link: New AIG chief makes his mark
American International Group’s (AIG) new chief executive is already making his mark with regard to the group’s painful restructure, Reuters has reported. Robert Benmosche took up his post on 10th August, replacing Edward Liddy. He has since decided to hold onto an investment advisory business unit comprising Sagepoint Financial, Royal Alliance, and FSC Securities. All [...]
