Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE


ADVERTISEMENT
ADVERTISEMENT

Executive Changes
Protective Insurance Names Former AIG Exec CEO

Also: Former Third Point Re CEO named president of Broker TigerRisk, HDI Global names head of Aviation and Space, and AIG appoints Financial Distributors CEO.
  • July 2019
  • print this page

Jeremy D. Johnson

Jeremy D. Johnson

Protective Insurance Corp. has appointed Jeremy D. Johnson—a former executive with American International Group Inc.—as chief executive officer. Johnson will also serve as a member of the company's board of directors, the company said in a statement.

Johnson, who most recently served as AIG president of U.S. commercial until December 2017, succeeds Protective Chairman of the Board Jay Nichols, who has been serving as interim CEO since October 2018. Nichols will continue serving as chairman of the board.

At AIG, Johnson had responsibility for underwriting, operations, claims and distribution in the United States, Canada, Brazil, Mexico and Puerto Rico. He also served as CEO and president of Lexington Insurance Co., AIG's excess and surplus lines unit, from February 2013 to December 2017.

The company also appointed Stephen J. Gray, a banking and executive leadership consultant, to its board of directors. Gray will join the company's investment committee. He has served as a consultant and board member of SRC Holdings Corp., a re-manufacturer to original equipment manufacturers.

—Frank Klimko


Robert Bredahl

Robert Bredahl

Former Third Point Re CEO Named President of Broker TigerRisk

TigerRisk Partners LLC said it appointed Robert Bredahl as president, chief operating officer and member of its board.

Bredahl was most recently chief executive officer of Bermuda-based reinsurer Third Point Reinsurance Ltd. He will work out of TigerRisk's New York office.

Bredahl was a co-founder of Third Point Re in 2012 and held roles including chief underwriting officer, chief operating officer and chief financial officer prior to becoming CEO and president.

Before joining Third Point Re, Bredahl was CEO of Aon Benfield Securities, Aon's investment banking group, as well as president of the Americas division of Aon Benfield.

Prior to Aon's acquisition of Benfield in November 2008, Bredahl was CEO of Benfield U.S. Inc. and of Benfield Advisory. Before joining Benfield in March 2002, he was CEO of Inreon plc and managing director and head of U.S. derivative sales for Barclays Capital.


Daniel V. Malloy

Daniel V. Malloy

Third Point Re Promotes Managers Amid Underwriting Portfolio Shift

Third Point Reinsurance Ltd. appointed Daniel V. Malloy, who has been CEO of the company's main operating subsidiary, Third Point Reinsurance Co. Ltd., as CEO. He succeeds Robert Bredahl.

Malloy has been an executive of the company since its inception in 2012 and has led Third Point Reinsurance Co. since 2017.

Third Point Re also announced several promotions at its U.S.-headquartered subsidiary, Third Point Reinsurance (USA) Ltd.

David Govrin was appointed as president; and David Drury has been appointed executive vice president, global head of property catastrophe reinsurance, a newly-created role.

Govrin was most recently EVP, underwriting and head of business development for TPRE USA. Drury was most recently senior vice president, underwriting for TPRE USA.

Third Point Re recently put in place a specialty lines underwriting team in Bermuda led by Tracey Gibbons. Gibbons, who has more than three decades of experience, comes to Third Point Re from her previous post as senior vice president of specialty reinsurance for Allied World Assurance Co.


Jennifer Mackay

Jennifer Mackay

Managing General Agent Globe Underwriting Names North America Property Head

Managing general agent Globe Underwriting appointed Jennifer Mackay as head of the North America property division.

She will focus on underwriting and management of both residential and commercial property programs while leading the underwriting team in an effort to drive profitable growth. She has more than 21 years of experience in the U.S. property/casualty market.

Mackay was previously president of WSG Specialty Underwriters, where she established an organically grown MGA.

Before WSG, she held senior positions at London American, Burns &Wilcox and Aon Private Risk Management.


Kemper Appoints Former Travelers Executive as Specialty Auto President

Kemper Corp. has appointed Matthew A. Hunton as president of specialty personal and commercial automobile lines. He will succeed Glen Godwin, who plans to retire July 1.

Hunton was previously at Travelers, where he held leadership roles in personal and commercial lines operations, strategic markets, product management and finance. Most recently, he was vice president of global small commercial select accounts at Travelers.


Martin Jackson

Martin Jackson

HDI Global Names Head of Aviation and Space

HDI Global Specialty S.E. has appointed Martin Jackson head of aviation and space.

He joins the London aviation team from Neon Underwriting, where he was class underwriter, marine and transport. He succeeds Tim Slade.

Jackson has 30 years of aviation underwriting experience. At Neon, he oversaw the marine division's expansion into aviation. Prior to Neon, he was global head of aviation at Aspen, where he managed the global expansion of their London-based aviation team.


Scor Names Property/Casualty Americas Executives

John Jenkins was named chief executive officer of property/casualty reinsurance operations in the Americas for Scor S.E. as the reinsurer made several appointments in the region.

Jenkins most recently was chief underwriting officer, property/casualty treaty for the Americas.

Frank Coglianese, who most recently was chief underwriting officer for U.S. property/casualty treaty, was named CUO, property/casualty treaty for the Americas.

Nick Nudo went from senior vice president and team leader of general liability U.S. treaty, to CUO for U.S. property/casualty treaty.

Maura Haynes, who was vice president and senior general liability U.S. treaty underwriter, was named SVP and team leader of general liability U.S. treaty.

Jenkins joined Scor in 2007, as CUO of U.S. treaty. As SVP, Americas treaty CUO, he had overall responsibility for the Americas underwriting staff and the development, implementation and execution of overall strategy for property/casualty treaty business in the Americas. Before joining Scor, he was a vice president with Swiss Re.

Coglianese began his career with Scor in 2008 as vice president, treaty underwriting manager—mainland United States. Before that, he was a vice president for Guy Carpenter.

Having been with Scor for more than 10 years, Nudo most recently managed the U.S. treaty general liability portfolio. Before joining Scor he worked at XL Reinsurance and Zurich in various underwriting capacities.

Haynes joined Scor in 2016. Before that, she spent 10 years at Swiss Re in various capacities.


Craig Smiddy

Craig Smiddy

Old Republic Appoints Chief Executive Officer

Old Republic International Corp. said it will promote Craig Smiddy to chief executive officer on Oct. 1. He will succeed Aldo Zucaro, who has held the position for 25 years.

Smiddy will retain his position as president. He will join Old Republic's board of directors and its executive committee when he becomes the sixth CEO in the 95-year-old company's history, Old Republic said in a statement.

Smiddy joined the business in 2013 as chief operating officer and was appointed General Insurance Group president two years later. He was named corporation president last year.

Zucaro will continue as board and executive committee chairman.

The company also said Executive Vice Chairman R. Scott Rager will retire Oct. 1 following a 40-year career with the company and its subsidiaries.


Julie Mix McPeak

Julie Mix McPeak

McPeak to Step Down as Tennessee Insurance Commissioner

Julie Mix McPeak, Tennessee's insurance commissioner since 2011, has left her post with the state Department of Commerce and Insurance to pursue career opportunities in the private sector.

Gov. Bill Lee has named Deputy Commissioner Carter Lawrence as interim commissioner until a permanent commissioner is selected.

McPeak, who was first appointed commissioner in 2011, is the immediate past president of the National Association of Insurance Commissioners. She was most recently reappointed to her state position in December. She also is a former executive director of the Kentucky Office of Insurance.

Lawrence previously served as the department's deputy commissioner overseeing its administration as well as the Division of Regulatory Boards.


Iain Pearce

Iain Pearce

MS Amlin Appoints Chief Financial Officer

MS Amlin has appointed Iain Pearce as chief financial officer.

He joins the company from Old Mutual plc, where he held senior finance positions over the past 15 years, serving most recently as finance director.

He will succeed John Worth, who earlier was named chief financial officer of Hastings Group Holdings plc but remained at MS Amlin while it conducted the search for a new CFO.

The appointment is subject to regulatory approval. MS Amlin is an insurer and reinsurer in the insurance group MS&AD.


Managing General Underwriter Victor International Names President

Victor Insurance Holdings appointed Anthony Stevens as president of Victor International.

He succeeds Paul Drake, who announced his plan to retire in September, the managing general underwriter said in a statement. Drake will continue to lead Victor in the United Kingdom until a successor is appointed.

Stevens is based in London. He was previously head of international development for broker Marsh's Global Risk and Digital division, a position he held since October 2017. Before joining Marsh in 2014, he held senior roles at RSA and Oliver Wyman.


National Life Hires Former Vermont Insurance Regulator as Deputy Chief Auditor

National Life Group has hired Vermont Tax Commissioner Kaj Samsom, who previously served as deputy commissioner of the state's insurance division, as the carrier's deputy chief auditor, a newly created position.

Samsom, a certified public accountant, will lead the development of the company's internal audit process.

Samsom was appointed commissioner of the Vermont Department of Taxes in January 2017 after serving about 10 years with the state Department of Financial Regulation. He was the deputy commissioner of the state insurance division from August 2014 until his appointment as tax commissioner.

Samsom joined the DFR in 2006 when he became an insurance examiner. In 2011, he became the director of the division's Licensing and Examinations section.


Adrienne Baglier

Adrienne Baglier

Tim Minard

Tim Minard

Great American Promotes Annuity Group Executives

Great American Insurance Group has named Adrienne Baglier divisional executive vice president in its annuity group.

She joined the company in 1997 and has served as divisional senior vice president since 2008.

The company also named Tim Minard as executive vice president in the annuity group. He served as annuity group senior vice president and chief distribution officer since joining the company in 2016.

Great American Insurance Group members are subsidiaries of American Financial Group Inc.


Terri Fiedler

Terri Fiedler

AIG Appoints Financial Distributors Chief Executive Officer

Terri Fiedler was named president and chief executive officer, AIG Financial Distributors, a unit of American International Group Inc.'s AIG Life &Retirement division.

She succeeds Steve Maginn, who will become vice chairman, partner relations for Life &Retirement.

AIG Financial Distributors is the sales and distribution organization for AIG Life &Retirement. Fiedler's new role is a U.S. position. She has 25 years of sales leadership and national account management experience. She was executive vice president, strategic accounts for AIG Financial Distributors for the past seven years.

Before joining AIG, Fiedler was senior director, national account management with Invesco, and manager, national account management with AIM Distributors.



Back to Home


ADVERTISEMENT