Hires Constance Hunter as EVP for global strategy and environmental, social and corporate governance. She moves from KPMG, where she was chief economist.
Allianz Global Corporate & Specialty (AGCS) promotes Shanil Williams to corporate chief underwriting officer. He succeeds Tony Buckle, who left the company for personal reasons. >> Alfredo Alonso promoted to AGCS global head of liability. In May, Nadia Côté will join to replace Alonso as regional managing director for London and Nordics. She moves from Chubb. Gianluca Piscopo will become regional managing director for Ibero/Latin America in May. He moves from W.R. Berkley. Max Benz joins in February as global head of energy and construction, moving from AXA XL. Michele Williams promoted to global head of Allianz Risk Consulting in Munich, succeeding Thierry Portevin, who has left the company.
Hires Rob Houghton as group COO, succeeding Mike Cain, who is leaving the company. Houghton joins from MS Amlin and is based in London.
Hires Charles Lee as head of global risk management in U.S. Southwest. He moves from Chubb, where he led global casualty Pacific South.
This MGA, which was founded by SiriusPoint and Tim Usher-Jones and launched in Bermuda in July 2021, has opened its first international subsidiary, Banyan Risk Services, based in Toronto. Michael Densham, former SVP of executive and professional lines at Berkshire Hathaway Specialty Insurance, hired as president, moving from specialty MGA Optiom.
Promotes Angela Meyer to head of life sciences for North America, filling post vacated by John Parente, who moved to Aon in November. >> Promotes Chris Warrior to head of executive and professional lines in U.K. and Jessica Kirby to head of commercial management liability in U.K. >> Rolls out Executive First D&O policy for commercial customers and modular Professional First D&O and E&O for asset managers in Germany.
Expands use of proprietary machine learning algorithm to U.S. tornado property damage. It was used successfully by Brit’s claims team to do adjusting after Hurricane Ida.
Promotes Fran O’Brien to deputy chief risk officer. Ana Robic promoted to O’Brien’s old role as president of personal lines in North America.
Forms Montana-domiciled excess and surplus lines carrier, Concert Specialty Insurance. Concert Group earlier in 2021 formed Concert Insurance Company, an admitted insurer based in Deer Park, Illinois. Both write coverage for captive insurers and program managers.
Convex Insurance UK and Convex Reinsurance approved by NAIC and California Department of Insurance as reciprocal jurisdiction reinsurers, effective Jan. 1. With this so-called passporting arrangement, they won’t have to post reinsurance collateral to operate in the United States.
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