Job Moves & Senior Hires 05.12.22 -

Time once again to round up the latest job moves and senior hires;

CORVUS

Corvus Insurance recently welcomed Angela Singhal Whiteford as its new Chief Marketing Officer. She brings more than two decades of marketing and product management experience spanning several technology verticals, including telecommunications, identity management, and robotics, to the rapidly expanding insurtech company. Whiteford joins Corvus’s Executive Leadership team and reports directly to the company’s CEO, Madhu Tadikonda.

A results-driven marketing leader, Whiteford has a proven track record of driving category leadership and brand authority for high growth companies. Whiteford previously held marketing leadership roles at high-tech brands, including Affirmed Networks (acquired by Microsoft), Forter, and Berkshire Grey.

“Corvus is disrupting the traditional insurance industry by leveraging data and technology to more accurately assess risk and proactively mitigating that risk for policyholders — creating a truly unique offering in the market. I’m excited to join Corvus to help bring the company into its next stage of growth and innovation,” said Whiteford.

CONDUIT RE

Conduit Re, the Class of 2020 Bermuda pure play treaty reinsurer, announces the appointment of Peter Kiernan as Head of Property underwriting. Kiernan, currently in the role of Head of US Property with AXA XL Reinsurance in Bermuda, will take up the role with Conduit Re on 1 December 2022, subject to regulatory and work permit approvals.

Peter brings more than 20 years of underwriting leadership experience in the US and International reinsurance markets, along with a great track record built in some of the leading companies in the industry. His appointment at Conduit Re, marks the next stage of the company’s plans for growth and business development in the property treaty arena and Peter’s experience will significantly add to this over and above the portfolio already built since Conduit Re’s establishment in December 2020.

REASK

Reask, a leading science and technology company focusing on the financial impacts of extreme weather, announces that David Schmid has been appointed as Head of Parametric Products to build out all aspects of its global parametric insurance product offering.

David is an expert in natural catastrophe risk modelling and parametric insurance. He has a deep technical knowledge of modelling, structuring, and underwriting parametric insurance products, with strong connections across global parametric markets.

Before joining Reask, David worked at Munich Re Capital Partners in Zurich for over seven years as Senior Structurer, where he was responsible for the development of parametric natural catastrophe solutions. Prior to this, he spent four years as a Pricing Actuary and Nat Cat Modeller for Munich Re’s subsidiary, NewRe. In this role, he developed data analytics tools for underwriting units within the Munich Re Group. Previously, David has worked as a Cat Risk and Geospatial Analyst for Glacier Re.

CONVEX GROUP

Convex Group Limited (“Convex”), the international specialty insurer and reinsurer, announces that Convex Re Limited has appointed Paul Simons as deputy chief executive officer (DCEO) and has promoted Richard Slater to chief underwriting officer (CUO)*. Both will assume their roles in December and will be based in Bermuda. They will report to Matt Paskin, current Group CUO Reinsurance and CEO of Convex Re Limited.

Simons brings his outstanding reputation and more than 25 years of experience in the Bermudian reinsurance market to Convex. He joins from AXA XL, having previously worked for its predecessor companies XL Catlin, XL Re and XL Mid Ocean. Since 1994 Simons has held a number of senior industry positions, most recently as CEO of Bermuda Reinsurance AXA XL.

Slater joined Convex in 2019 as product leader of international property treaty, having amassed more than 25 years of experience in the global reinsurance market. Prior to joining Convex, he held a number of senior positions in the retro, ILS and international property treaty markets for companies such as Brit’s Sussex ILS fund, XL Catlin, Montpelier Re and ACE Tempest Re. He started his career at Lloyd’s in 1996 before relocating to Bermuda in 2002. Slater replaces Ben Savill, who, due to family commitments, will be leaving Bermuda and moving to Australia.

DEFAQTO

The independent financial information, ratings and fintech business, Defaqto has appointed Glenn Porter as its new Chief Commercial Officer (CCO). In a new role for Defaqto, Steve Lomax joined the company as Chief Operating Officer earlier this year.

The appointments come amid continued growth since Fintel’s acquisition of the business in 2019. Following the announcement of increased demand for services and the expansion of its product lines, Defaqto has employed Glenn Porter to lead the development of its insight and data-led services to help people make smarter financial decisions.

Porter has 20+ years of technology and data industry experience. Previously, working at GBG Plc for 13.5 years as Chief Revenue Officer, Porter oversaw the AIM listed business grow from a value of £22m to over £1bn during his tenure.

DA STRATEGY

Paul joins DA Strategy from Sompo International where he was Head of Delegated Underwriting for over six years. He began his insurance career in 2004 and has held a number of delegated underwriting and market committee roles with companies such as Newline, QBE, Brit Insurance and Ascot Underwriting. Paul has also been a strategic advisor to several start-ups, both in the UK and overseas, for over a decade. He has a degree in Accounting and Financial Management and has studied Fintech through MIT, culminating in a Capstone project focused on the future use of the MGA model for insurtechs and broader digital strategy in the insurance market.

AVANTIA

Avantia, the high-growth virtual insurer behind the Homeprotect brand, has expanded its team with the appointment of a Claims Director.

Stuart Forrester joins as Claims Director and will be responsible for building on the work already started to create a data driven high performing claims value chain.

Mark Eastham, CEO at Avantia Group, said: “Stuart’s appointment completes our current phase of strategic investment in the operational capability of our business. We continue to experience double-digit growth and this growing customer base presents even greater opportunities for us to leverage our decisioning technology in the way we deliver customer experience and indemnity control.

CONSILIUM

Consilium, the international (re)insurance broker, part of The Aventum Group, has today announced that it has appointed Suzanne Bazire as Chief Operating Officer.

Suzanne was previously the Divisional Operations Director of Retail at Tysers. She began her 20-year insurance career as a Wholesale Account Handler in Aviation and Marine at Tysers before moving to Marsh McLennan for nearly five years to specialise in Latin American Aviation. She followed this with nearly five years at Integro /Tysers specialising in Operations for Contingency and Retail business.

At Consilium Suzanne will be responsible for leading the operations for Consilium across all of its people and processes. She will standardise processes across its divisions to ensure a robust infrastructure is in place that is scalable and primed for significant planned growth.

This is the third new senior leadership appointment announced at Consilium in as many months.