Job Moves and Senior Hires 02.02.22

It’s time to round up the latest senior hires and job moves. Basically today’s date looked very feng shui, so here goes.

PARAMETER CLIMATE

Parameter Climate, a full-service parametric climate underwriting, advisory and distribution firm, has announced that Ralph Renner has joined as Partner and Head of Origination. Mr. Renner will be responsible for the build-out and management of the company’s distribution of structured financial products to buyers and brokers in the burgeoning market for climate risk transfer.

Based in London, Mr. Renner re-joins a veteran team at Parameter Climate which previously built a business that was consistently rated as “Top Global Dealer” in climate for much of the past decade. The pioneering start-up, headquartered in New York City, announced a strategic partnership in October 2021 with SiriusPoint Ltd. (“SiriusPoint” | NYSE: SPNT), an international specialty insurer and reinsurer.

FCA

The Financial Conduct Authority (FCA) has appointed Direct Line Group CEO, Penny James, as Chair of its Practitioner Panel. Penny, who has been a member of the Panel since September 2020, will take up the post from 1 March 2022. She succeeds Paul Feeney, CEO of Quilter.

The FCA Practitioner Panel is an independent statutory body providing input from the industry to help the FCA meet its objectives. The FCA also has statutory Panels representing the interests of consumers, practitioners at smaller businesses and wholesale market participants. Welcoming the appointment, FCA Chair Charles Randell said:

“As an experienced Panel member, Penny already understands the Panel’s role in providing robust and constructive challenge to help guide our transformation and approach to the future of regulation. I look forward to working with her in her new role. I would like to thank Paul for his contribution as both a member and Chair, and especially for his skilful steering of the Panel through the challenging pandemic period.”

CFC

CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, announced that it has appointed Dr. Richard Ward as Non-Executive Chairman, subject to regulatory approval. Dr. Ward has a long and distinguished career in insurance and the London Market, serving as CEO of Lloyd’s of London from 2006 until 2013, during which time he helped transform the organisation and introduce digitisation across many of its processes.

Following his time at Lloyd’s, Richard was Non-Executive Chairman at Brit Insurance, chairing the syndicate through its IPO and subsequent sale to Fairfax. He was also Executive Chairman at Cunningham Lindsey Group and Non-Executive Director at Partnership Assurance Group. Richard is currently the Senior Independent Non-Executive Director at Direct Line Group and, until recently, was Executive Chairman of Ardonagh Specialty.

SEDGWICK

 Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has appointed Tracey Harris its chief operating officer in Australia. As in-country COO within our expansive property and professional services business, Harris will also play a pivotal role in launching Sedgwick capability advancement and workforce absence and compensation programs in Australia.

Harris brings to Sedgwick over 20 years of C-suite leadership experience working in the insurance, health and aviation verticals in Australia and Asia, as well as in emergency assistance within the public, private, not-for-profit and government sectors. Throughout her career, she has led comprehensive technology, optimization and talent campaigns, in addition to having led numerous other large-scale transformation and automation initiatives. She holds both an MBA and a master’s degree in financial management from Bond University.

“Tracey is a true leader in the industry, with many years of experience driving companies’ digital and claims performance transformation strategies,” said Diego Ascani, Sedgwick CEO in Australia. “We are excited to welcome her to the Sedgwick family, where we know her impressive track record of results and empathy will help us serve our customers with a people-first mindset.”

NORTH P&I

North P&I Club are pleased to announce the appointments of Feirin McConville and Louise Ferrari as directors within its FD&D department, effective today, 1 February 2022.

Since joining North in 2012, Feirin has established herself as a leading FD&D expert in Asia and in Europe (with a particular focus on Norway).  Feirin’s dedication to service and unrivalled knowledge of FD&D law and practice has earned her plaudits from all Members she works alongside and, more generally, from her colleagues at North and across the wider shipping industry. In her new position, Feirin will continue to consolidate and extend her role across the European and Americas team while supporting our Members in Asia.

Louise joined North in 2014, bringing with her considerable expertise from practising FD&D in top shipping law firms. Louise is a leading expert in the FD&D department, providing dedicated support to Members in Asia. Louise is also a leader in North’s learning and development activities, as well as managing our team of Legal Assistants. In her new role as director Louise will build on and expand her role in the Asia team, alongside delivering on North’s commitment to the continuing development of its people.

INSURANCE UNITED AGAINST DEMENTIA

Insurance United Against Dementia (IUAD) has appointed Richard Dudley, Global Head of Climate Strategy at Aon, as its new chair; taking over from IUAD founder Chris Wallace.

Richard has been part of the IUAD Board since the start and will be leading the next stage of the campaign to reach its ambition of raising £10m. Chris Wallace, Executive Director, Continental Europe and UK at QBE, has led the campaign since launch in 2017 and has been a key driving force to raise awareness of dementia in the insurance industry.

Chris Wallace, exiting Chair said: “It has been an honour to chair IUAD since the launch in 2017 and to see how much we’ve achieved in that time. The campaign has now raised over £6.7m and the support from the insurance industry has been incredible. It is important to keep the campaign fresh with a new chair and I am delighted Richard will be taking on the next chapter for IUAD. I look forward to working with Richard and remain on the Board to play my part in this campaign.”

CHUBB

Miriam Connole

Chubb has announced that Miriam Connole has been appointed Chief Financial Officer for Overseas General Insurance, the company’s international general insurance operations. Currently, she serves as CFO for Chubb’s Europe and Middle East & Africa regions. In her new role, which is effective March 1, Ms. Connole will have overall financial management responsibility for the company’s commercial property and casualty, traditional and specialty personal lines, and accident and health insurance businesses in 51 countries and territories outside North America.

BUCKLE

 Buckle, the inclusive tech-enabled financial services company, has appointed Pedram Afshar as the company’s new Chief Credit Officer. Pedram was previously Chief Digital and Operating Officer of New York Life Insurance Company with executive credit experience at Capital One and USAA. Buckle also named Gordon Ho as Chief Marketing Officer, bringing more than 30 years of experience driving growth at Princess Cruises, Disney, Hewlett-Packard, Leo Burnett Worldwide, and various startups. Todd Brooks has also joined Buckle as Senior Vice President of Sales and Underwriting. He served Farmers Insurance for 15 years, where he was Chief Underwriting Officer and Head of Distribution and Field Operations.

“Buckle is reimagining financial services for the gig economy and scaling its pioneering, full-stack insurance-as-a-service platform to better serve gig rideshare and delivery drivers across the U.S.” said Marty Young, co-founder and CEO of Buckle. “We are fortunate to add the expertise of Pedram, Gordon, and Todd to the Buckle leadership team as we execute toward our vision of enabling the rising middle class of gig workers to achieve economic freedom.”

GALLAGHER RE

Gallagher Re, the global reinsurance broker, has appointed Alex Ntelekos as a Regional Director in Europe, the Middle East and Africa (EMEA), effective immediately. Alex will be responsible for supporting the growth of Gallagher Re’s public-private initiatives across the EMEA region and will provide his regulatory, capital management and climate change insight and expertise to the region and beyond.

Based in London, he will report to Alkis Tsimaratos, Managing Director, Head of EMEA West & South and will also work with Dirk Spenner, Managing Director, across his EMEA North & East region. Alex has more than 11 years of regulatory experience, having previously worked as a senior manager, insurance supervision, at the UK’s Prudential Regulation Authority (PRA). Prior to joining the Bank of England, Alex worked as a senior catastrophe risk analyst at Willis Re.

WILLIS TOWERS WATSON

WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, has announced that it has appointed Lou Smith in the company’s Insurance Consulting and Technology business. In her new role, Smith will lead the unit’s Commercial Lines data strategy and accelerate its digital trading capability.
Smith most recently served as the first Chief Digital Officer at Lloyd’s of London, where she was responsible for shaping and delivering the organisation’s digital future and strategy for a data-enabled, digital insurance marketplace. Prior to Lloyd’s, Smith spent eight years at RBS (including NatWest), where she spearheaded the digitisation of the bank’s personal and business banking, partnering with the FinTech community to accelerate change.
Commenting on the appointment Tasha Pettet, Director, Digital Underwriting, Insurance Consulting and Technology at WTW said: “WTW has an established track record of leading the market through digital change in pricing and underwriting. There has been a marked increase in the pace and appetite of digitalisation throughout the Commercial Lines insurance market during the pandemic, with digital trading becoming the top priority on our clients’ agenda. I am delighted that Lou has joined WTW at this exciting stage of our development.”
PREVISICO
Previsico, the live flood forecasting InsurTech, announces former Charles Taylor Group CEO David Marock has been appointed as Chairman. He will support the executive team as they continue to grow the UK business and scale into a global InsurTech leader in the live flood forecasting space.

This significant strategic appointment follows Previsico’s recent £1.75mil Seed Plus funding, led by Foresight Group, a listed private equity and infrastructure investment manager, to support the next stage of their product development, team expansion, and sales growth, in the UK and beyond.

David was previously Group CEO of Charles Taylor plc, a global insurance services and technology business. During his nine-year term there, the company tripled its top and bottom line, providing TSR of ~400%. David is also a senior advisor to McKinsey & Company, working with clients from across the global financial services space, including Bought By Many (pet insurer), Goodlord (proptech), and TruEra (AI business). He is also a NED at Standard Life Savings, one of the UK’s largest investment platforms and Premfina, a fintech company in the traditional and consolidated UK premium finance market. Finally, he is also an angel investor in various technology-related firms. Previously, he worked for specialist insurer Beazley plc, where he was Group COO, a Group ExCo member, and on the Beazley Furlonge Ltd board.

ROBUS GROUP

Steve Quinn has been appointed Group Executive Chairman following the departure of Richard Le Tocq, who was CEO of Robus Group from 2017 until the end of 2021. Steve joined Robus as Chairman in 2020 bringing with him significant industry experience together with the commercialism of running his own business. He has held numerous senior positions over many years.

Reflecting on Richard’s contribution, Steve said “We are incredibly grateful for Richard’s efforts in the last few years at Robus. Under his leadership Robus has diversified its product offering, made hires to key positions, rebranded and, of course, become part of the thriving Ardonagh Group. He leaves Robus stronger than he found it.”

Steve added, “Looking forward, I have been working with Richard and our Ardonagh colleagues to build a plan which harnesses our collective strengths to launch and execute a successful growth strategy which builds upon the recent successes of Robus Group. The first step has been implementing a more robust Group leadership team to oversee our operations.”

About alastair walker 10117 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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