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Executive Changes
Tokio Marine HCC Names Co-Chief Financial Officers

Also: Resolution Re appoints its first CEO, New York Life appoints chief financial officer and Hartford names chief information officer.
  • December 2019
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Sharon Brock

Sharon Brock

Tom Weist

Tom Weist

Tokio Marine HCC has appointed Sharon Brock and Tom Weist co-chief financial officers.

They succeed Brad Irick, who was named the group chief executive officer of Tokio Marine Kiln.

Brock will be responsible for corporate accounting and reporting, internal audit and controls, tax and treasury. Weist will be responsible for actuarial, financial planning and analysis, investments, mergers and acquisitions and strategy.

Brock joined Tokio Marine HCC in 2004 and most recently was executive vice president and chief accounting officer. She was previously the company's corporate tax director. She has more than 30 years of experience in the insurance industry, including 18 years with American General Corp., where she most recently was tax director.

Weist joined Tokio Marine HCC in 2011 and was most recently senior vice president and chief actuary. He has more than 20 years of experience in the insurance industry, including various roles in actuarial pricing, predictive modeling and enterprise risk management at Munich Re, Chubb and Tokio Millennium Re.

—David Pilla


Stephanie Withers

Stephanie Withers

Axa Equitable Holdings Names Chief Auditor

Axa Equitable Holdings named Stephanie Withers as chief auditor.

Withers will be responsible for leading the internal audit function for Axa Equitable Holdings. She will be based in Charlotte, North Carolina, and report to Mark Pearson, Axa Equitable Holdings president and chief executive officer, and to the audit committee of the Axa Equitable Holdings Board of Directors.

Withers has over 30 years of experience working in finance, technology, operations and risk. She joins from SunTrust Bank where she most recently held the position of chief credit review officer and previously held positions in the credit review, audit services and treasury departments.


Steve Hales

Steve Hales

Resolution Re Appoints First CEO

Resolution Re, the Bermuda-based reinsurance arm of Resolution Life Group, appointed Steve Hales as the company's first chief executive officer.

Hales joined the Resolution Life Group in 2017 as executive director of Europe and will be performing the duties of Robyn Wyatt, who executed the operational set up of Resolution Re since last year.

Wyatt, group chief financial officer, will move to London to concentrate on CFO duties and grow the group's business.

Hales previously was head of connected insurance at Assicurazioni Generali, where he led the group's data science and internet of things capabilities.


Mario Bonaccorso

Mario Bonaccorso

PartnerRe Makes Leadership Changes

PartnerRe Ltd. named Nicolas Burnet to succeed Mario Bonaccorso as executive vice president and chief financial officer and a member of the executive leadership team, subject to customary regulatory and immigration approvals.

PartnerRe also named Andrew Gibbs as executive vice president and chief operations officer.

Burnet will join PartnerRe on Feb. 3, 2020, and will transition into his new role on April 1, 2020. Bonaccorso will retire on March 31.

Burnet comes from Zurich Insurance Group, where over the past 15 years he has held a number of leadership positions, including chief risk officer and CFO global life, CFO general insurance, and most recently group head of planning and performance management. Prior to joining Zurich Insurance Group, Burnet was with Neuberger Berman. He will be based at the company's headquarters in Bermuda.

Gibbs joins PartnerRe Ltd. from Maiden Reinsurance Ltd., where he was the executive chairman since January 2019. He brings more than 30 years of experience having held senior positions with the Bermuda Monetary Authority, Validus Holdings Ltd., Ace Group of Companies—now Chubb Group of Companies—and Ernst &Young. He will be based at the company's headquarters in Bermuda.


Joe Vasquez

Joe Vasquez

Chubb Appoints President of Combined Insurance

Chubb Ltd. named Joe Vasquez senior vice president of Chubb Group and head of the company's global accident and health insurance business, to succeed Kevin Goulding as president of combined insurance.

Vasquez will transition into his new position immediately and replaces Goulding, who has served as president since 2017 and will retire from the company at the end of the year.

Vasquez has nearly 30 years of accident and health insurance industry experience, including two decades at Chubb and Ace. He joined Ace in 2000 to create and lead the company's U.S. accident and health business. From 2015 to 2018, Vasquez served as president of ESIS, an affiliate of Chubb.


Bob Zenoni

Bob Zenoni

G2 Insurance Services Names President, COO

Bob Zenoni has been named G2 Insurance Services' president and chief operating officer. Zenoni will oversee the firm's operations and strategic initiatives and will be based in San Francisco.

Zenoni has more than 30 years of experience as an executive in both insurance and other industries. He has held senior positions at a number of insurance organizations including Crum &Forster and Aon. Zenoni also served as president and COO at Equity Risk Partners, where he managed growth and development.


Anita Kuchma

Anita Kuchma

Munich Re Names Chief Operations Officer of Reinsurance Division

Munich Re named Anita Kuchma as chief operations officer of the reinsurance division and a member of the reinsurance division's executive leadership team.

Kuchma has had over 27 years of experience at Munich Re in a variety of leadership positions. She has held various multiline underwriting positions, including several management positions. Previously, she also served as deputy chief financial officer and head of planning and controlling. In 2019, she joined the reinsurance division to lead the professional liability and cyber team.


New York Life Appoints CFO

New York Life Insurance Co. appointed Eric Feldstein as executive vice president and chief financial officer. He succeeds interim CFO Joel Steinberg, who resumes his position as chief risk officer.

Feldstein was previously CFO at mutual health insurer Health Care Service Corp. Earlier, he managed a portfolio of global businesses as an executive vice president at American Express.

Feldstein and Steinberg assumed CFO responsibilities when John Fleurant retired from the post earlier in the year.

Fleurant joined New York Life in 1999 to lead a mergers and acquisitions team and was CFO nearly six years.


Steve Cooper

Steve Cooper

Abel Travis

Abel Travis

AF Group Names New Roles for Two Executives

AF Group named Steve Cooper as president of Third Coast Underwriters, which will be added to his current role of president of United Heartland, and Abel Travis as vice president of Fundamental Underwriters.

Cooper has over 30 years of experience in property/casualty roles and a significant knowledge of specialized, unique risks and a strong background in service center and claims leadership.

Travis joined AF Group in 2018 as vice president of underwriting and product innovation and has developed an impressive background in research, strategy, product development and underwriting with other major insurance carriers nationwide.


Rachel Turk

Rachel Turk

Beazley Names Head of Corporate Development

Beazley named Rachel Turk to succeed Mark Goodman as head of corporate development. Goodman has retired after 11 years with the company.

Turk joined Beazley in January 2009 as an analyst in the management liability team before moving into underwriting. Since 2015, she has led the London directors and officers team focusing on U.S.-domiciled business and also spearheaded the launch of Beazley's Reputational Risk product earlier this year. Before joining Beazley, she worked as an equity analyst and is a qualified accountant.

Beazley named Wayne Imrie to succeed Turk as lead of the London D&O team. He has been with Beazley for 13 years as an executive risks underwriter focusing on U.S. employment practices liability and private company D&O, as well as leading the wage &hour product. Before joining Beazley he was a broker with Marsh.


Deepa Soni

Deepa Soni

Hartford Names Chief Information Office

Hartford Financial Service Group named Deepa Soni to succeed Mark Esposito as chief information officer.

Soni replaces Esposito, who is retiring after a 13-year career with Hartford. Soni will report to Bill Bloom, head of operations, technology, data and analytics at Hartford.

Soni will be responsible for the enterprise's information technology applications and architecture. She brings more than 20 years of technology experience in the financial services industry. Most recently, Soni served as U.S. chief information officer for BMO Financial Group, where she led technology strategies while modernizing the technology systems.

Esposito joined Hartford in 2006 and has held various technology leadership positions for the organization. As chief information officer, he led the development and implementation of the information technology strategy across the company, driving application innovation and standardizing on an agile delivery model.


John Panagakis

John Panagakis

AIG Names Chief Executive Officer of First Principles Capital Management

First Principles Capital Management LLC, an investment unit of American International Group Inc., elected John Panagakis chief executive officer.

FPCM is the unit of AIG Investments that serves institutional clients across the global fixed income securities and derivatives markets.

Panagakis will be based in New York and reports to Douglas Dachille, executive vice president and chief investment officer of AIG.

The role of CEO at FPCM was last held by Richard Dolan, who held the position until the end of 2017, when he moved to the role of managing partner and took a strategic advisory role.

Panagakis joins FPCM from TIAA Nuveen, where for more than 30 years he held a variety of asset management, operational and advisory leadership roles, most recently as head of international advisory services.



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