Lockton, the world’s largest privately-owned independent insurance broker, has appointed Robert Rechtern as Head of Accident & Health, Sports and Contingency within the Wholesale Property & Casualty (P&C) division. In his role, Rechtern will be responsible for maintaining the growth of the business’ leading Accident & Health, Sports and Contingency books in close collaboration with Lockton’s US and International offices and partners.
Rechtern brings over 15 years’ market experience to Lockton. He joins from Aon UK, where he served as Executive Director of the People Risk team. Prior to this, Rechtern held the role of Vice President at Guy Carpenter in its D&F division.
This appointment is the latest in a series of senior hires in Lockton’s Wholesale P&C business, further evidencing the business’ commitment to attracting the best talent in the market. The Wholesale P&C business has experienced exceptional grown in recent years, and will continue to do so as Lockton drives forward its ambitious global expansion plans. Rechtern’s appointment will further enhance the business’s market leading specialty segments as it continues to evolve its offering to meet the needs of clients worldwide.
Simon Scholfield, Head of Wholesale P&C at Lockton, said: “We are delighted to welcome Rob to Lockton. His energy, breadth of expertise and hands on leadership experience in the Accident & Health, Contingency and Kidnap & Ransom segments will significantly enhance our US and International client service proposition in these high-growth classes of business.”
Marsh has announced the appointment of Charles Sincock as Environmental, Social and Governance (ESG) Strategy Leader within its UK Advisory business. Based in London, Mr. Sincock reports to Nigel Somerville, Head of Advisory, UK & Ireland, Marsh.
In this role, Mr. Sincock will design and implement strategic solutions for the latest ESG challenges facing clients, working with the existing ESG teams across Marsh McLennan. Mr. Sincock will lead the team within UK Advisory to help create risk management strategies which build clients’ resilience in the face of new and evolving ESG-related exposures, enabling them to access enhanced risk and insurance benefits.
Mr. Sincock joins Marsh from Capco where he was the global ESG delivery lead and UK ESG lead. Previously, Mr. Sincock worked in green infrastructure after starting his financial services career as a mergers and acquisitions banker at Dresdner Kleinwort and Bank of America. He has served as an officer in the British Army and is a chartered mechanical engineer.
Markel UK, a leading insurance, tax and legal services provider, has made a key appointment to its underwriting team as part of its plans to drive further growth in its technology book. Sam Rix joins Markel’s underwriting team as Technical Underwriting Manager – Technology and will be responsible for the profitable and sustainable growth of Markel UK’s technology product lines, a key sector in Markel’s growth plan.
Sam joins Markel from Chubb, where he spent five years as senior technology underwriter writing multinational major and corporate accounts across PI, cyber, property and casualty, and was responsible for growing their book across the London and South regions. Prior to Chubb, Sam worked at Zurich Insurance for seven years, holding roles within the regional commercial combined SME team before moving to London to join the corporate Property and Casualty underwriting team.
In his new role Sam will report to Markel UK’s head of liability, Vicky Read.
“I am delighted to be joining Markel UK at such a pivotal time for the technology sector and with such a strong product offering,” Sam explained. “To have joined an insurer with an excellent market reputation, and with a clear remit to substantially grow the business, is a huge opportunity.”
Mark Plews, director of underwriting, commented on Sam joining the business: “We are delighted to welcome Sam to Markel UK as we continue to build a first-class team capable of delivering on our ambitions for this product line,” Mark explained. “Sam has a track record of quality underwriting and the ability to enhance and build books of business in a sector of the market in which we have an established reputation.”
Towergate Health & Protection announces the appointment of Jason Britton (pictured) as its Commercial Director.
Jason joins from Mercer Marsh Benefits, and will head up business development, client management and proposition development for the health, wellbeing, and protection business. With a proven track record in leading growth excellence across internal and external distribution channels, Jason has a strong background built on understanding client needs to create trust and build loyalty.
Iain Laws, CEO of Towergate Health & Protection, said: “Jason’s appointment will directly support the evolution of Towergate Health & Protection into the market-leading employee health and wellbeing benefits adviser in our chosen sectors and market segments. His experience in collaborative business development though general insurance broking operations will help drive our growth though the added value of our services for clients across Ardonagh. We are delighted to welcome Jason to the team.”
Argenta Syndicate Management Limited (“ASML”), a subsidiary of Argenta Holdings Limited, announces the appointment of James Blackwell as head of property. Based in London, Blackwell will report to Ian Burford, active underwriter and director of underwriting of ASML’s Syndicate 2121 and SPA 6134. In his new role, Blackwell will be responsible for growing Argenta’s global property business.
Blackwell brings more than 20 years’ experience in the insurance industry in both the Lloyd’s and company markets. Throughout his career, Blackwell has played an instrumental part in building two syndicates from the ground up, with cross-class underwriting experience with a core focus on property in both the US and international markets.
James joins ASML from Agora Syndicate 3268, where since 2016 he held the roles of head of treaty, deputy active underwriter and director of underwriting. Prior to Agora, Blackwell was the head of specialty and property treaty at Endurance Syndicate 5151, formerly Montpelier and previously held a variety of roles at QBE.
Silverlake Automotive Recycling [Silverlake] welcomes Greg Rose (above) to its Senior Management Team as Continuous Improvement Manager, a newly created role within the business.
Greg, a qualified mechanical engineer, brings over two decades’ exacting experience of providing engineering services to the motorsport industry, including running motorsport teams for vehicle manufacturers and private investors, with responsibility for preparing and maintaining race cars to deliver track performance. His appointment at Silverlake will see him develop, refine and streamline processes across the business ensuring maximum return on every salvage vehicle, either through re-marketing and auction or via dismantling and the provision of reclaimed parts.
Since joining on September 1st 2022, Greg is already driving efficiencies through process change and creating new commercial opportunities. A new workshop is being set up specifically for the management of high value vehicles, alongside the electric vehicle processing bays, and their associated damage assessment processes. Under his direction, the company is also improving its motorcycle facility to reflect the increasing demand for reclaimed motorcycle parts.
Global Insurtech MGA, Pattern, is delighted to announce Ido Hertz (pictured) has joined the Tel Aviv office as VP of Products, as it continues its rapid growth in the global embedded insurance market. Ido Hertz brings more than 20 years of experience in the tech industry to the role, where he will oversee the company’s product vision, strategy, and execution.
Most recently, Ido was based in Asia as the Head of International Travel Recovery Products for Agoda, where he spearheaded company-wide initiatives and addressed the changing needs of travelers during the pandemic.
“My breadth of product experience from telecom, consumer goods and IT, as well as travel, means I can bring real innovation to Pattern as VP of Products. ,” shares Hertz. “I have closely followed Pattern’s impressive growth as a comprehensive embedded insurance solution. I look forward to working with the team to reshape the future of insurance and travel in a new exciting way.”
Edison Partners, a leading growth equity investment firm, has announced the appointment of Rush Baker as partner, head of investor relations and Casey Myers as partner, head of Edison Edge value creation platform. In these newly created roles, Baker and Myers will further expand the breadth and depth of the Edison senior team’s capabilities as the firm’s AUM increases.
“We’re focused on building ‘a forever firm,’ so it’s essential that we continue to add expertise to help us scale not only our AUM, but also how we partner with our portfolio companies in bringing more than capital to each investment. We are very pleased to welcome Rush and Casey to lead these two critical aspects of our business,” said Chris Sugden, managing partner, Edison Partners.
Baker will lead communications with existing and prospective limited partners. In sourcing new capital partners for the firm, he will leverage the firm’s strong foundation of superior performance, and bring it to new markets.
Myers will direct the Edison Edge, the firm’s value creation platform, which includes five operating centers of excellence, executive education programs, and a director network – all designed to help portfolio companies navigate, accelerate and scale growth. Myers will build community and peer connections among portfolio management teams, and continue to expand best-practice expertise and content aligned with portfolio business models, lifecycle stages and individual company needs.
Leading insurance market insight business Consumer Intelligence has promoted Catherine Carey to the newly-created role of Head of Consumer Strategy to spearhead the development of its consumer research proposition (please see the attached press release).
She will focus on meeting evolving client needs resulting from the changing insurance and regulatory landscape in her role at the Bristol-based group, which works with the majority of the UK’s biggest insurers as well as brokers, aggregators, data agencies and other financial institutions.
Catherine joined Consumer Intelligence four years ago as a key member of its Marketing team and has held a series of roles including PR & Communications Manager and Interim Marketing Director. She has become extremely well known within the industry as the host of Consumer Intelligence’s highly popular webinar series, that has helped to navigate Insurers through Fair Value and GIPP.
ZestyAI, the leading provider of climate and property risk analytics solutions, announced today that Cathy Link has joined the company as Vice President of Customer Success. Link, a seasoned insurance industry leader and former Chief Underwriting Officer of the W. R. Berkley Company, brings a deep understanding of the regulatory environment and how insurers can find profitable growth amidst record inflation and catastrophic losses.
Link, a leader in the W.R. Berkley Innovation Journey, brings first-hand understanding of how to successfully partner with insurtechs to drive growth, increasing customer satisfaction and improve profits. Her experience will be instrumental in scaling an industry leading customer success function to drive measurable customer outcomes, technology adoption and product training, and excellent customer experience.
Kees van Kalveen, Chief Financial Officer (CFO) at Nationale-Nederlanden Bank (NN Bank) will leave the company on 1 January 2023 to pursue his career outside Nationale-Nederlanden. The bank has already started the process to find a successor.
Kees van Kalveen has been a member of NN Bank’s Management Team since 2013. First as Head of Treasury and since the end of 2019 as CFO. Prior to 2013, he held various management positions in the field of finance, structured finance and treasury at various financial institutions.
Marcel Zuidam, CEO NN Bank: ‘‘From the early stages of the bank, Kees has played a key role in the growth of the bank and its solid financial position. I regret his decision to leave the bank, but I respect his desire to move to a new working environment after so many years at Nationale-Nederlanden. I wish him every success in the next step in his career.’
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