It’s time to round up the latest senior hires and job moves across the insurance sector;
GENERALI
Generali’s P&C unit Global Corporate & Commercial (GC&C) announces the appointment of Benedetta Marcato as new Global Head of Financial Lines underwriting, within the Insurance department led by Hayden Seach, GC&C Global Head of Insurance. Former GC&C Head of Cyber Insurance Underwriting (Corporate) with over 10 years of experience in the insurance industry, Benedetta Marcato will further intensify the tactical development of GC&C Financial Lines portfolio while ensuring underwriting excellence to generate growth and outstanding
value for customers and brokers.
Commenting on the appointment, Manlio Lostuzzi, CEO Global Corporate & Commercial, stated:
“I am pleased Benedetta agreed to take on this global role and I am delighted to see how we have been able to leverage our internal capabilities and groom a recognized talent within our unit. In her capacity, Benedetta will be pivotal in driving and shaping our Financial Lines portfolio and in understanding the insurance needs of our clients and distributors. I am sure that her appointment will strongly contribute to the execution of our strategy.”
GUERNSEY FINANCE
Guernsey Finance announces the appointment of a dedicated Business Development Representative for the Insurance Sector.
William Lewis has worked in the insurance market for over 44 years, where he has acquired a broad range of knowledge across the sector, including the formation of Protected Cell Companies (PCCs) and extensive interaction with the Guernsey regulator. He also has experience dealing with UK and Lloyd’s regulators, has previously been the director of a Lloyd’s members’ agent and of a Bermudan Special Purpose Insurer. William currently holds a position as director of a Guernsey PCC and is a research analyst at Hampden Agencies, both of which he will retain alongside his appointment with Guernsey Finance.
“Overall, my career has enabled me to gain a very broad and extensive knowledge of the global insurance and reinsurance markets, as well as an excellent understanding of what Guernsey has to offer, from captives to PCCs,” he said. “I’m really excited to be joining Guernsey Finance through this innovative initiative, and to bring benefit to Guernsey’s economy.”
This is the first time a sector-specific Business Development Representative has been appointed, with objectives directed by both Guernsey Finance and the Guernsey International Insurance Association (GIIA).
GOT YOU COVERED
Based in Singapore, Allen will also oversee the implementation of Singlife’s sustainable investment strategy, reaffirming the company’s drive to championing ESG mandates. Allen brings with him over two decades of investment and risk management experience across multiple asset classes — specialising in quantitative finance and investment risk – accumulated from senior stints during his time in the US, China and Hong Kong.
Kim Rosenkilde, Group Chief Investment Officer, Singlife with Aviva, said: “As Singlife continues to make its presence in leading sustainability in financial services, getting the right talent on board and choosing impact investments is key to accelerating our efforts. I have no doubt that Allen’s wealth of experience will be a great asset to the team and look forward to working closely with him on our investment journey.”
NOVIDEA
Novidea, the global InsurTech and creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the entire distribution lifecycle, announces the new addition of Matt Richards as Head of UK Delivery.
In his new role, Matt has overall responsibility for UK customer deliveries to ensure that Novidea consistently exceeds customer requirements – as well as its own high standards – for excellence in service and delivery for its insurance platform. Matt will also develop the UK team and delivery partners to ensure the business continues to scale on demand and to help streamline operational processes.
Commenting on the appointment, Ben Potts, UK MD of Novidea, said: “At Novidea, we are bringing in top talent to support our London market and UK regional customers. Matt brings a wealth of experience to ensure the smooth running of our project delivery and the implementation of our data-driven, cloud-native insurance platform, which is s enabling our customers to transform and digitise their businesses.”
Matt is a specialist in Client Delivery, Project Management, and Account Management, having previously worked as Professional Services Director at Eurobase, an international software and service provider. Before this, he worked NIIT (Room Solutions) as a senior project manager.
BMS RE
BMS Re, the specialty reinsurance broker, announces the appointment of Christopher Larson as managing director, co-head of casualty broking, effective immediately. Based in New York, Larson will report to Sean Ryan, deputy chief executive officer, and immediately contribute to the continued build out of BMS Re’s North American casualty and treaty capabilities. In addition, Larson will have oversight responsibilities for the branch offices.
Larson joins BMS from QBE Re, where he worked for 24 years and last served as the head of global casualty, senior vice president. In this position, Larson managed the New York office which held a book of around $500M USD inclusive of casualty, property, and health. Larson was integral to the development of QBE’s North American operations, specifically their treaty and casualty reinsurance offerings and primary insurance capabilities. Prior to QBE Re, Larson worked as an underwriter at AIG.
Ryan said: “At BMS Re, we consistently invest in exceptional individuals who share our belief in a culture in which talent and innovation shine, so we are thrilled that Chris as a strong technical expert and tactical leader has decided to join us. His experience is extremely impressive, and he has a proven record of growing business and maintaining valuable trading relationships. I am looking forward to working with Chris and the team to ensure our clients receive the best tailored solutions.”
ALLIANZ COMMERCIAL
Allianz Holdings has announced the appointment of James Maxwell to the newly created position of risk director for its Commercial business.
Reporting to Allianz Holdings chief risk officer, John Berry, James will have responsibility for overseeing all risk matters within the Commercial lines business and will also serve as a member of the Commercial executive committee. The role will have a particular emphasis on operational risk, change management and information security as part of an ongoing remit to drive excellence in risk management.
James has over 30 years’ experience in the market and joins Allianz having been a Partner at PwC in its insurance risk advisory practice, as well as interim CRO at MS Amlin. Prior to this James spent many years in various operational and advisory roles as a risk management specialist, including with EY and Marsh, and as CRO at BG Group, a FTSE100 oil & gas producer.
FOIL
Nicola Critchley, Partner at DWF, has been elected President of the Forum of Insurance Lawyers (FOIL), taking over from Stuart Hardy, Partner at BLM Law.
Nicola (pictured) sits on FOIL’s Costs SFT and was also Treasurer of FOIL, and has worked with insurers and self-insureds for more than 20 years. Her strategic focus is on civil justice reform.
Despite the cautious optimism seen in some quarters following the UK’s recovery from the Covid-19 pandemic and the departure from the EU, we are now in a fresh period of upheaval and uncertainty: from geopolitical instability in Ukraine and the Taiwan strait to energy supply challenges through to a new UK Government and recent disruption in the financial markets. Nicola’s appointment comes amidst considerable political and business uncertainty, and at a time when insurers and insurance lawyers must focus on thought leadership, and finding more adaptable ways of doing business.
FOIL acknowledges that the one of the themes is the significant civil justice reform in a climate of considerable economic and uncertainty- with a government demonstrably committed to diverging from the legal landscape that we inherited from our historic membership of the EU, it must find new solutions and ways of working. FOIL as an organisation is able to bring together the combined experience of its 8000 members to inform its thinking and develop innovative and pragmatic legal ideas and proposals to do just this, and under Nicola’s direction, will help support the wider insurance industry on the most pressing issues of the next year.
SCOR
SCOR is pleased to announce the appointment of Emma Bartolo as the Global Segment Leader for its Environmental Impairment Liability (EIL) insurance portfolio. Emma will join SCOR in February 2023. Based in London, she will report to Marie Biggas, Chief Underwriting Officer of SCOR UK and Active Underwriter of the SCOR Syndicate, and Daniel Carreras, Global Line Head, Specialty & Casualty.
Emma joins SCOR from her most recent position as London Corporate Regional Manager at Chubb, where she was responsible for the delivery of the middle-market strategy and financial plan in London. Prior to this, she held a number of senior positions at Chubb, including Environmental Risk Manager for the UK & Ireland.
Marie Biggas commented: “Emma is an extraordinarily talented Environmental Risk specialist. Her deep knowledge of the field and her collaborative approach to leadership will be instrumental in driving the growth of our EIL portfolio. It is always a pleasure to welcome professionals such as Emma who have a real passion for their area of expertise.”
MARSH
Marsh has announced the appointment of Michael Kolodner as Global Renewable Energy Leader, Marsh Specialty. Mr. Kolodner, who rejoined Marsh in 2020 as US Power and Renewable Energy Leader, will maintain his current responsibilities, while also leading an integrated team of more than 250 renewable energy specialists around the world.
Based in Boston, Mr. Kolodner reports to Andrew George, Global Head, Energy & Power, Marsh Specialty. He succeeds Hamish Roberts, who has taken on a new role as Marsh’s UK & Ireland Specialty Growth Leader.
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