Job Moves & Senior Hires 11.04.22

In this newly created role, Vladimir will lead the expansion of PineBridge’s insurance solutions capabilities in EMEA, working closely with the firm’s Global Insurance Solutions team, business development and product organization to develop strategic solutions for PineBridge’s insurance clients in the region.

Vladimir will work to propose, design, structure, and develop insurance-friendly investment solutions that offer attractive risk/reward tradeoffs, most notably within the Solvency II framework. Vladimir will likewise strengthen relationships with industry stakeholders such as rating agencies and insurance regulators.

WORLDWIDE BROKER NETWORK

During the 66th edition of its annual conference that takes place from the 6th to the 9th of April in San Francisco (USA), the Worldwide Broker Network (WBN) appointed Benjamin Verlingue to its Board of Directors.

Founded in 1989, WBN is the largest independent broker network in the world, encompassing over 20,000 professionals from  100 broker members in over 100 countries. WBN commits to provide all clients with the same high-quality service regardless of where they are based. WBN applies its own code of conduct, and draws on governance protocols designed to ensure that all members subscribe to the same standards in terms of quality of service and communication.

Olga Collins, Chief Executive Officer of WBN: “We are so pleased to welcome Benjamin to the WBN board. Benjamin’s leadership background, coupled with his experience in advising global clients makes him an ideal fit for this role. At WBN, we are committed to providing our members with the best service possible and I no doubt Benjamin will be essential in continuing this vision.”

Benjamin Verlingue, Head of Verlingue’s International Subsidiaries: “I am thrilled to be joining the WBN Board or Directors, and proud to be taking on such a crucial role at a key time in the network’s growth in an ever-changing market. WBN underwent significant transformation in 2021, and it’s a fascinating time to be part of the journey. I can’t wait to get to work in helping the network stay ahead of the game, tackling upcoming challenges and developing business between its member brokers.”

MARSH

Marsh, the world’s leading insurance broker and risk advisor, announced today that Craig Schioppo, Transactional Risk Practice Leader, US and Canada has, in addition, been appointed Global Head of Transactional Risk, Marsh Specialty, effective immediately.

In this newly created position, Mr. Schioppo will oversee a global team of specialists responsible for the delivery of transactional risk insurance solutions, including representations and warranties insurance, to private equity and strategic investor clients engaged in mergers and acquisitions (M&A) around the world.

BISHOPSGATE

Bishopsgate has appointed Caroline Richardson to head up a new cyber practice.

Caroline joins from Miller Insurance Services, where she worked on both retail and wholesale cyber placements and solutions for global corporate organisations and facilities and grew its international and UK business. Prior to Miller she worked as Associate Director of Aon advising large professional services clients on cyber and professional indemnity programmes. She was previously a PI underwriter with Barbican Syndicate.

As Bishopsgate’s Cyber Practice Lead, Caroline will build and embed a cyber practice and identify wider international opportunities.

Graham Kilby, Bishopsgate CEO commented: “We’re delighted to have Caroline joining us at Bishopsgate to develop our cyber practice. The cyber market is at its most challenging, and Caroline’s knowledge of cyber security and risk profiling, her excellent understanding of coverages and her deep market relationships are going to help us build our footprint in this important segment.”

FCA

The FCA has appointed two new Directors of Authorisations as it successfully fills 95 new authorisation roles. A new Finance Director will also join the regulator this spring.

Laura Dawes will take up one of two new Director of Authorisations roles. Laura is currently interim Director of Strategy, Policy, International and Intelligence in the FCA’s Enforcement and Market Oversight Division.

Working alongside Laura as fellow Director of Authorisations will be Dominic Cashman. Dominic joins the regulator from TP ICAP, an interdealer broker, where he was most recently Head of Integration and Transformation and, previously, Interim Group Head of Operations. Laura and Dominic will start their new roles in late April and early May.

BANK OF LONDON

The Bank of London, the next-generation technology company and the world’s first purpose-built global clearing, agency, and transaction bank, today announced the appointment of Geoff Russell as a Non-Executive Director (NED) and Chair of the UK Bank Board Audit Committee (BAC), effective immediately.

Russell has over ten years’ experience as a Chair and NED, with high profile roles in industries including banking, Fintech and Edtech. He has held senior positions across various committees including audit, risk, credit, investments, and remuneration/nominations.  Russell is a qualified accountant – who spent over 25 years at KPMG – with 13 years as a Partner.

CFC

CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber insurance, announced recently that it has appointed Roger Francis to the newly-created role of Managing Director of CFC Response. Francis joined CFC in the summer of 2019 to take up the role of Cyber Claims Director having spent over 15 years in information security, helping businesses protect their organisational assets from cyber threats, developing global security governance programs, and responding to headline cyber breaches.

“We believe that retaining our claims and incident response services in-house enables us to not only command better control over outcomes, but also get in front of threats to help our customers prevent cyber incidents in the first place. With CFC Response, we’ve built the world’s largest in-house team of highly skilled technical experts who form the front-line response to any client cyber event.” said Dave Walsh, Group CEO at CFC.

As Managing Director of CFC Response, Francis will be responsible for a team of more than 100 global incident responders and cyber security specialists operating across three global offices in London, the United States and Australia.

Francis commented: “The global CFC Response team not only provides our customers with an even faster resolution to their cyber events, greatly reducing their business downtime and costs, it also plays a crucial role in gathering and alerting companies to threat intelligence specific to their business, helping prevent attacks in the first place. This is the direction the cyber insurance market has to take, and CFC Response will be at the forefront.”

GREATER THAN