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Executive Changes
Hartford Announces Retirement of President Doug Elliot

SiriusPoint fills permanent chief executive officer spot, Allstate taps a new executive vice president and chief information officer and Axis Capital welcomes a new group chief underwriting officer.
  • November 2022

Doug Elliot

Hartford Financial Services said Doug Elliot will retire as the company's president effective Dec. 31, after more than 11 years with the company.

Elliot oversaw the integration of the Navigators Group Inc., a global specialty underwriter, after Hartford acquired it in 2019. The acquisition led to the creation of two distinct multibillion-dollar, market-facing businesses—middle & large commercial and global specialty, which together offer specialized solutions to help clients manage risk, according to a company statement.

Prior to joining Hartford in 2011, Elliot served as chief executive officer of Hartford Steam Boiler after a long career in the insurance industry. He started his career in public accounting, the company said.

Effective Nov. 1, Hartford will realign its leadership structure in preparation for Elliot's retirement. A. Morris “Mo” Tooker, who currently heads middle & large commercial, will report directly to Christopher Swift, Hartford's chairman and chief executive officer. Tooker will take on expanded responsibility for global specialty and sales & distribution.

Stephanie Bush will report directly to Swift and will maintain her role as head of small commercial and personal lines.

Ross Fisher, the company's global chief underwriting officer, also will report directly to Swift and will continue to have responsibility for underwriting across the enterprise, global reinsurance, risk engineering and the company's Internet of Things operations, according to a company statement.

“Doug was instrumental in expanding the company's suite of products, developing industry-specific verticals within our property/casualty business and elevating our underwriting excellence,” Swift said in a statement.

—Staff Report

Scott Egan

SiriusPoint Hires Former RSA Exec as CEO

SiriusPoint Ltd., a global specialty insurer and reinsurer, named Scott Egan to succeed Dan Malloy, interim chief executive officer, as permanent CEO.

Malloy was named as interim CEO in May after Sid Sankaran, chairman and CEO, resigned from the company to pursue other opportunities.

Egan has more than 25 years of insurance industry experience, including leading businesses through transformation and growth. He also has a successful track record in risk and financial management. He joins the company from Royal Sun Alliance UK &International, where he was most recently CEO, according to a company statement.

Egan served on the board of RSA Group plc for six years, working as chief financial officer as well as CEO of its U.K. and international business. He has held senior positions at a number of companies including Aviva, Zurich Financial Services, Brit Insurance and Towergate Broking. He is also a qualified accountant, the company said.

Zulfi Jeevanjee

Former CVS Exec Rejoins Allstate as EVP and Chief Information Officer

Allstate re-hired Zulfi Jeevanjee for the newly created role of executive vice president and chief information officer.

The creation of this role will further build Allstate's technology strength and accelerate its digital transformation and deployment of new technology systems, according to a company statement.

In his new role, Jeevanjee will be responsible for all business- and consumer-facing technology at Allstate, advancing its technology platforms and enabling digital transformation across the company. He will oversee architecture and systems engineering as well as the technology Allstate uses for products, investments and internal shared services, according to the company.

Jeevanjee rejoins Allstate from CVS, where he was senior vice president and chief technology officer. In this role, Jeevanjee defined the technology strategy that the giant health insurer and pharmacy chain is using to engage its customers in all aspects of their health, the company said.

Prior to CVS, Jeevanjee was SVP, enterprise architecture and innovation at Allstate, according to his LinkedIn profile. He was instrumental in designing and developing the new technology platform that is the foundation of Allstate's ongoing technology transformation, according to the company.

He previously was chief technology officer at Wells Fargo and chief architect at Wachovia Securities and A.G. Edwards, the company said.

Guido Fürer

Swiss Re Group Chief Investment Officer to Step Down After 25 years With Company

Swiss Re announced that Guido Fürer, Swiss Re's group chief investment officer and country president Switzerland, will retire effective March 31, 2023, after 25 years with the company, the past 10 years as group CIO.

Fürer said he is retiring to spend more time with his family and dedicate himself to his pro bono activities on various foundation boards.

Fürer in 1990 started his career at Swiss Bank Corp./O'Connor Associates, where he held leading positions in option trading at its capital market division. He joined Swiss Re in 1997 as managing director at Swiss Re new markets, and from 2001 to 2004 he worked for Swiss Re's private equity unit. In 2004, he joined asset management with responsibility for tactical asset allocation prior to assuming the role of head of strategic asset allocation, according to his company bio.

Fürer has led Swiss Re group asset management since his appointment as group chief investment officer and member of the group executive committee in November 2012. In 2019, he additionally assumed the roles of Swiss Re country president Switzerland and chairman of the Swiss Re strategic council, according to his company bio.

Dan Draper

Axis Capital Holdings Appoints Group Chief Underwriting Officer

Axis Capital Holdings Ltd. named Dan Draper as group chief underwriting officer.

In his new role, Draper joins the executive committee and will guide the centralization of the company's underwriting analytics and support functions into a single division that he will oversee. In addition, Draper will partner with the company's underwriting divisions on portfolio strategy and governance, including exposure management, as well as introducing greater innovation into products and services delivered to existing and new customer segments. He is based in London, according to a company statement.

Draper previously served for more than two years as group head of underwriting at Axis. Prior to that, he had been group chief risk and actuarial officer at Vibe. Before joining Vibe, Draper spent eight years with Axis, holding a number of leadership roles that included group chief actuary, chief risk analytics officer, and insurance segment chief risk officer. Before that, he held managerial positions at the Financial Services Authority, XL Capital, and EY, according to a company statement.

Marguerite Brosnan
(Photo by Fennell Photography)

Axa Ireland Names Successor to Retiring CEO

Axa Insurance DAC, the largest general insurance company in Ireland, has appointed Marguerite Brosnan to succeed Philip Bradley as chief executive officer of its operations in the Republic of Ireland and Northern Ireland on Jan. 1, 2023.

Bradley will retire on Dec. 31 after a 44-year career. Bradley joined Axa in 1978 and has held various roles in the United Kingdom, France and Ireland and was appointed as CEO of Axa's operations in the Republic of Ireland and Northern Ireland in 2015. During his tenure, Axa's business has grown strongly to become a leader in the Irish market, according to a company statement.

Brosnan is currently retail director with the company. She joined Axa in 2020 after an extensive 20-year career with Bank of Ireland, where she held a variety of senior sales and operations roles, most recently as managing director of Bank of Ireland Insurance and transformation director for Bank of Ireland Wealth and New Ireland Assurance. Since joining Axa, Brosnan has overseen an ambitious transformation strategy that has significantly contributed to Axa's continued growth and consolidation of its market leading position, the company said.

Bertrand Romagne

Axa XL Names Chief Executive Officer for XLRE Europe

Axa XL has named Bertrand Romagne as chief executive officer for XLRE Europe. This role will be in addition to his new leadership responsibilities for the international region, which were announced in early May.

Romagne previously served as CEO Europe and chief underwriting officer property/casualty, International Re. He has more than 30 years of experience working with teams across continental Europe and international markets, leading the nonlife business, according to a company statement.

Romagne started his career in reinsurance in 1992 as a property facultative underwriter for Mutuelles du Mans. He became head of the fac department and in 2002 he transitioned to the treaty department within Le Mans Re/XL Re. Following this change, he became the head of property treaty for Europe and then for Europe, Middle East and Africa. In 2005, Romagne became the underwriting director for the reinsurance EMEA region. In 2022, he assumed the roles of CEO International, reinsurance as well as becoming CEO of XLRE Europe, the company said.

Abina Kealy

PartnerRe Hires New Chief Financial Officer

PartnerRe Ltd. has appointed Abina Kealy to succeed Nick Burnet as chief financial officer. She also will become a member of PartnerRe's executive leadership team.

Burnet will be leaving the company to pursue other opportunities and will continue at PartnerRe until the end of the year to support the transition process and in a consultancy capacity through February 2023, according to a company statement.

Burnet joined PartnerRe as CFO in 2020, based in Bermuda. During his time with PartnerRe, he was a member of the executive leadership team with executive responsibility for finance, actuarial, reserving, risk management and third-party capital, the company said.

Kealy joined PartnerRe in 2009. Based predominantly in Dublin, she has held a number of senior finance roles, most recently chief accounting officer responsible for all external reporting for the PartnerRe Group. Prior to that, she was CFO of Europe & Asia-Pacific and controller for the property/casualty business unit and head of group planning within the financial planning & analysis department. Since 2019, Kealy has headed PartnerRe's implementation program for the new insurance accounting standard, IFRS 17. She will continue to be based in PartnerRe's Dublin office, according to the company.

Denis Kessler

Rendez-Vous de Septembre Association Taps Former Scor CEO as President

The Rendez-Vous de Septembre Association has named Denis Kessler to succeed Claude Tendil as president.

Tendil has chaired the annual reinsurance gathering in Monte Carlo since 2013. This year, after having been canceled the previous two years because of the COVID-19 pandemic, the event welcomed more than 2,800 registered participants, according to an RVS statement.

Kessler has been a member of the association and representative of the French market since 2010. He was previously chief executive officer at Scor before leaving in 2021.

Rendez-Vous is the largest gathering in the reinsurance industry and has allowed all players in the insurance and reinsurance market to meet up and hold bilateral discussions ahead of the renewals, the RVS said.

Charles Symington

Big 'I' Names Successor to Retiring President and CEO

The Independent Insurance Agents & Brokers of America—known as the Big “I”—named Charles Symington to succeed Bob Rusbuldt as president and chief executive officer, effective Sept. 1, 2023.

Rusbuldt will retire on Aug. 31, 2023. He is the longest-tenured Big “I” top executive, according to an association statement.

Rusbuldt joined the association in 1986 and was named CEO in 2001 after leading the government affairs department at the Big “I” for many years. He has overseen many major Big “I” initiatives including the inception of Big “I” Markets, a market access program for agent members; the formation of BIRC, a reinsurance company; and InsurBanc, a bank catering to independent insurance agencies' needs.

He also oversaw the establishment of the Trusted Choice Disaster Relief Fund and COVID-19 Relief Fund for member agencies in need. He recently steered the Big “I” through the challenge of the coronavirus pandemic and also the celebration of the association's 125th anniversary, according to the association.

Symington is currently senior vice president for external, industry and government affairs. He has been with the association since 2004 and oversees federal and state government affairs, political affairs, grassroots, industry relations, and communications and media affairs.

Before joining the Big “I,” Symington served as a senior counsel with the U.S. House Committee on Financial Services for three years, focusing on insurance issues. He also worked as a majority counsel for the House Committee on Energy and Commerce specializing in health care policy and oversight, according to the association.

Steve Bowen

Former Aon Exec Joins Gallagher Re in Newly Created Chief Science Officer Role

Gallagher Re appointed Steve Bowen to the newly created position of chief science officer within global analytics & advisory.

Based in Chicago, Bowen will have a global role, working closely with the new Gallagher Research Centre–Global Catastrophe Analytics, and the climate and environmental, social and governance teams, according to the company.

Bowen has a scientific background in meteorology and business analytics, He began his career in broadcast television before transitioning his skills to the insurance industry in 2007. He joined following 15 years at Aon, where he most recently served as managing director and the head of catastrophe insight.

In other company news, Gallagher Re named Alexander Choniski in the newly created role of head of embedded insurance, in North America, within its alternative distribution vertical.

Choniski will be responsible for creating an embedded insurance solution for clients in North America and he will work in partnership across all parts of the global Gallagher organization, the company said.

Choniski has more than 18 years of diverse capital markets and insurance experience. He joins from his most recent role at Swiss Re, where he built and co-ran the strategic partnerships mandate, Swiss Re's largest insurtech and embedded reinsurance portfolio, according to a company statement.

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