The Ticker

President and CEO Peter Zaffino adds chairman to his title, effective Jan. 1. Current executive chair Brian Duperreault will retire at year-end.

Allianz Suisse Life will transfer legacy individual life products to Resolution Re, which is accepting 80% of market and insurance risks under quota-share agreement.

Expands workers compensation program into Alabama, Georgia, North Carolina, South Carolina and Tennessee. Plans further expansion in 2022.

Promotes Andrea Montague to chief risk officer.

Rolls out schedule-benchmarking service that supports subcontractor default insurance risk management. The AXA XL team will review schedule process and procedures, development, and updates and management to deliver advice and identify potential areas of loss.

Promotes Rachel Turk to head of strategy.

Hires Beth Freeman as SVP for A&H underwriting and Ken Gumbiner as SVP for A&H sales, both in the United States. Freeman joins from Companion Life Insurance. Gumbiner moves from Swiss Re Corporate Solutions. >> Hires David Harries as executive underwriter for executive and professional lines U.K. He moves from QBE.

Group CEO Matthew Wilson takes indefinite leave of absence for health reasons. Martin Thompson, most recently CEO of RSA Canada, will serve in interim capacity. >> Rolls out proprietary machine-learning algorithm using ultra-high-resolution imagery for post-catastrophe property damage claims. Allows virtual claims adjusting and high-quality triage.

Partners with Flow Insurance Services to distribute Chaucer’s new residential flood coverage via FlowRater, an online quote/bind service.

Kevin Rampe promoted to head of North America claims, replacing Bill Hazleton who moves to EVP for strategic initiatives.