The latest people moves from the reinsurance world
Former Guy Carpenter managing director Adrian Stewart will join Miller to help lead the expansion of its property reinsurance book. At Guy Carpenter, Stewart was instrumental in leading and expanding its global retrocessional practice from £3.5m to £25m in 10 years. He will be joined by Nick Pomeroy and Jeremy Crowch. Pomeroy specialises in property reinsurance and was previously a senior vice-president at Guy Carpenter. Crowch is an industry loss warranty expert, accessing traditional and non-traditional markets. He will join from Evolution Markets, where he is vice-president of catastrophe derivatives. Prior to that he was at Gallagher Re and Willis, where he was a divisional director. Meanwhile, Paul Loring and Clare Brooking, both facultative reinsurance specialists, have also joined the Miller team in London. Loring and Brooking both specialise in placing facultative reinsurance, in particular worldwide property and terrorism coverage emanating from the US, Canada and Europe. Loring previously worked for Cooper Gay and Sail, both in London and Brussels. Brooking worked at Bain Hogg and Aon. Both have joined Miller from RFIB.
Peter Greenslade has been named as group chief financial officer at Kane. In his new role, Greenslade will be responsible for all finance functions across the group, including day-to-day finance management, client accounting and controlling the company's fiscal strategy. Greenslade has held a number of senior financial positions, including directorships, for over 20 years. Most recently, he was group finance director at Axiom Consulting, an insurance outsourcer. Prior to this, Greenslade held a number of financial directorship positions including group finance director at Spectron Group (2002-2004) and group finance director at Robert Walters (2000-2002).
AAIB Insurance Brokers has appointed Michael Carr as the divisional director of its Iraqi-registered company, Al Fajer Insurance and Reinsurance Brokers. He will be based at AAIB's latest office to open in Iraq, located in the southern city of Basra. Carr has over 25 years' experience in insurance working across a variety of operational, product management and business development roles. His UK experience crosses Zurich and Pearl before he moved to work in Saudi Arabia, Jordan and Iraq. Carr joins Jordan-based AAIB from Saudi-based company SABB Takaful, where he was the company's chief operating officer.
The Catlin Group has announced that Michael Harper has resigned from the group's board due to the demands of his other commitments. Bruce Carnegie-Brown has been appointed as a non-executive director with effect from 1 August, 2010.
RMS has made Dr Guru Rao senior vice-president of portfolio solutions product marketing. Rao has 20 years' experience, including nearly 14 years with Aon Benfield, where he recently grew the company's business in Asia by launching Aon Specialist Services and Aon Benfield India. At RMS, Rao will engage closely with clients to design and develop the next generation of portfolio management solutions, enabling them to make more informed risk decisions.
Willis Re has named James Byng the property resource group leader for its international and specialty reinsurance business as of 1 August, 2010. He will report to Jason Howard, chief executive officer at Willis Re international and specialty. Byng will be based in London. Willis Re Tokyo's chief Yuji Takahashi and chief operating officer James Beedle will take Byng's current responsibility as managing director for Willis Re's Japanese operations. Executive director at Willis Re (London) Will Thompson will oversee Japanese business from London.
Steve Miller has succeeded Harvey Golub as chairman of the board at AIG, with Golub having resigned. Miller was elected to the board on 30 June, 2009 and is also chairman of MidOcean Partners. He retired from his role as executive chairman of Delphi Corporation in 2009, having been chairman and chief executive officer there. Prior to joining Delphi, Miller served as chairman at Federal-Mogul airlines.
The Bermuda Monetary Authority has appointed Brad Erickson to the newly created role of chief operating officer. He will focus on directing the operations of the support functions within the authority and assisting in strategic development of the organisation. Erickson is a chartered accountant with 22 years' industry experience, the last fourteen of which were in senior executive positions in the UK and North America. His business experience and technical expertise, including as a chief financial officer, banker and business consultant, covers managing and leading finance departments in multinational organizations, capital markets, strategic planning practices and processes, developing and implementing performance management systems, risk management and corporate governance. In addition to finance, Erickson has at various times throughout his career been directly responsible for IT, operations, facilities, risk management and administration functions.
RSA has hired Derek Walsh as its new general counsel. In his role, he will be responsible for leading the legal, group secretarial and group regulatory risk and compliance teams. Walsh has over 15 years' experience in the industry. He served as group general counsel at Benfield Group, where he was responsible for the global legal, company secretarial and compliance teams; he also played a leading role in its corporate activities, including its IPO in 2003. More recently, Walsh was with the Argo Group, where he was acting as general counsel and assisting in relation to corporate projects.
Kiln has appointed Paul Dreblow and Kenneth Leung to its team in Asia. Dreblow, formerly head of property facultative at Tokio Marine Global, has joined as underwriter director based in Singapore. Dreblow takes over from Sam Geddes who will be returning to London towards the end of 2010. Leung joins as construction underwriter in Hong Kong; he joins Kiln from Aon Hong Kong, where he was an associate director in the energy and construction division.
Charles Taylor Adjusting has made James Greene director of its average adjusting business, Richards Hogg Lindley (Hellas), in Piraeus, Greece. He succeeds Geoff Bycroft, who is retiring after a career of 41 years in average adjusting. Greene originally joined Richards Hogg International in 1975 and has worked in the company's London, Piraeus and Sydney offices. Between 1994 and 2004, he worked for a firm of P&I Club Correspondents and a Scandinavian Hull & P&I Insurer, before rejoining RHL in June 2009. Richards Hogg Lindley has also appointed Alan Phelps as an average adjuster in Piraeus. He joins from a firm of surveyors and adjusters in Jakarta. He has also worked as an adjuster and as a hull and machinery broker in London and Piraeus.
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