People Moves – Page 136
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News
Co-op Insurance finance chief heads back to LV= to replace Steve Castle
Co-op Insurance chief financial officer Kieran O’Keeffe will leave on 14 October this year to join rival insurer LV= as general insurance finance director. He replaces current LV= general insurance finance head Steve Castle, who wil leave LV= towards the end of the year following a ...
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News
Munich Re insurance arm to axe 1,800 jobs
Munich Re’s ERGO insurance unit is planning to axe 1,800 jobs as part of a cost-cutting drive. The job cuts have been dubbed “ruthless” by a union representative. The job losses will fall in Germany as the insurer tries to lower its gross annual cost base ...
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News
RSA completes sale of Mexican operation
RSA has completed the sale of its Mexican operations to Suramericana, the insurance subsidiary of Grupo de Inversiones Suramericana (Grupo SURA). The transaction is part of RSA’s plan to sell all of its Latin American operations to Grupo SURA for £403m, which it announced in September ...
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News
Bluefin Underwriting hires Coughlan as head of finance
Bluefin Underwriting has hired Ian Coughlan as head of finance reporting into Paul Drake (pictured), head of Bluefin Underwriting. Coughlan has spent the last eight months working with the Bluefin Underwriting team as a specialist consultant. He previously spent six years as finance director at Jardine ...
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News
UK General hires two to beef up broker business
UK General said it has hired Barry McCormick and Rob Tustin business development managers. McCormick has joined UK General’s sales team to develop its new broker business in Scotland. The role has been created to meet a surge in demand for bespoke personal lines schemes which ...
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News
Ex-Zurich CEO Senn commits suicide
Martin Senn, former chief executive of Zurich Insurance Group, has killed himself, the company said. Senn stepped aside from the top spot at Zurich in December following problems with the company’s general insurance business and its failure to take over RSA. In February, Zurich reported larger ...
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News
Blanc vows to keep AXA’s momentum in her new role
AXA’s Amanda Blanc is keen to ensure that the insurer keeps up its pace of development when she takes over as UK and Ireland group chief executive. Blanc, currently UK and Ireland general chief executive, will take over as head of AXA UK and Ireland as ...
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News
Broker Ropner hires six following GRP backed-MBO
Lloyd’s and London Market broker, Ropner Insurance Services, has appointed six new brokers following its Global Risk Partners-backed management buyout last year. Gary Watson and Stewart Alliston have joined the international non-marine division. Nick Kirby has joined the Fine Art team from JLT. ...
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News
Ross denies Dalgarno move is linked to lack of FCA approval
Sarah Dalgarno’s move to head up Towergate’s new historical liabilities unit was not triggered by her current lack of FCA approval, chief executive David Ross has insisted. He said that her move to run the new unit, dubbed the Legacy Resolution Unit, was an interim one ...
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News
Towergate makes hire from DUAL to lead regional specialty arm
Towergate Underwriting has hired Martin Joyce to lead its newly formed regional specialty business. In his new role Joyce will be responsible for financial lines; including professional indemnity, directors and officers and crime. He will be based in Manchester and will report to commercial lines chief ...
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News
Former Windsor MD to head Towergate London unit - reports
Towergate is about to hire former Windsor managing director Neil Pearce as head of its London market operations, according to reports. Pearce left his most recent role as head of UK and international liability at RKH Specialty in April, the reports said. Both Windsor and RKH ...
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News
Price Forbes hires team from Marsh in retail push
Price Forbes has hired Audrey Corfield as managing director of its European retail arm. Corfield joins Price Forbes from Marsh, along with directors Richard Grimshaw and Jason Ellis, while Helen Morrison will be an associate director. Price Forbes said all four bring more than 60 years ...
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News
AIG UK and Zurich GI bosses join ABI board
AIG UK and Europe chief executive Anthony Baldwin (pictured) and Zurich UK General Insurance chief executive Vibhu Sharma are among four new members of the ABI’s board. Also joining are Scottish Widows chief executive and Lloyds Banking Group insurance director Antonio Lorenzo and Prudential group regulatory ...
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News
Lloyd's syndicate Probitas 1492 expands underwriting team
Lloyd’s syndicate Probitas 1492 has expanded its casualty offering with the appointment of Ernesto Medina within its financial lines team. Previously senior financial institutions underwriter at Zurich, Medina brings experience of underwriting a large portfolio of international banks, asset managers and private equity and hedge funds, ...
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News
Bluefin promotes Steve Hook to personal lines MD role
Bluefin has promoted Steve Hook to the position of personal lines managing director. Neil Forsyth has also been named as Bluefin’s new London Market Broking Director – replacing Paul Longhurst, who has left the broker to join Towergate. In his new role Hook will be responsible ...
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News
Lloyd’s chief risk officer McGovern to leave for XL Catlin
Lloyd’s chief risk officer and general counsel Sean McGovern is leaving after 20 years at the corporation to join XL Catlin. McGovern will become the global (re)insurance group’s chief compliance officer and head of regulatory and government affairs. To protect commercial confidentiality, McGovern is now no ...
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News
Towergate hires London Markets broking director from Bluefin
Towergate has appointed Paul Longhurst as broking and distribution director in its London Markets division. Longhurst joins Towergate from Bluefin, where he had been London Market broking director for 25 years. Towergate Group chief executive David Ross (pictured) said: “We recognise the huge opportunity that exists ...
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Online only
AXA France chairman and chief executive Nicolas Moreau to depart
AXA France chairman and chief executive Nicolas Moreau is stepping down from his role on 30 June after 25 years at the company. His replacement will be announced shortly. Prior to being head of AXA France Moreau was head of the insurer’s UK and Ireland business. ...
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News
Hyperion's DUAL names Hudson as CFO
DUAL, the underwriting arm of Hyperion Insurance, said it has appointed Mark Hudson as chief financial officer, from September. Hudson joins DUAL from Novae Group, where he served on its executive committee and has been finance director of its managing agency subsidiary, Novae Syndicates, since 1999. ...
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Agenda
QBE targets Latin American growth with Miami hire
QBE Europe has hired Alfonso De Mares (pictured) as business development manager for Latin America. De Mares will be based in Miami and report to director of overseas business development Tim Harris. Before joining QBE, De Mares was a senior vice-president at reinsurance broker Guy Carpenter ...