Berkshire Hathaway Specialty Insurance hired a veteran AIG executive. Chubb promoted one of its own to a leadership position in its North America Commercial Insurance division. Great American Insurance Group has a new executive within its P/C Ocean Marine arm. PCI hired a new lobbyist. ProSight Specialty Insurance hired a former U.K. regulatory to fill a leadership role.
A veteran AIG executive has signed on with Berkshire Hathaway Specialty Insurance.
David Valzania will become BHSI’s new customer and broker engagement leader for the eastern U.S. region, and he’ll be based in Boston.
Valzania has nearly 30 years of insurance industry experience, most of which was with AIG. Most recently, he was president, AIG Multinational, Americas. Before that, he was also president and CEO of American International Company Limited, and president of AIG’s Cat Excess Liability.
He has also held a number of other senior level positions at AIG and its Lexington Insurance Company subsidiary.
Chubb named one of its veteran executives as senior vice president, commercial marine insurance for its North America Commercial Insurance division.
In his new role, Mark James will lead growth and development of marine insurance products and loss prevention services for mid-size companies with inland and ocean marine exposures. He’ll be based in New Jersey and report to Paul Lewis, chief underwriting officer for North America Commercial Insurance.
James, a 25-year insurance industry veteran, has been with Chubb since 1987. Most recently, he served as senior vice president, Ceded Reinsurance, and held a number of underwriting and financial management positions before that point.
Michael Csorba is Great American Insurance Group’s new divisional president within the Property and Casualty Group’s Ocean Marine division.
Csorba was most recently with International Marine Underwriters, where he served as vice president of the hull and liability product lines. He’s also chairman of the Inland Hull, Fishing and Yacht Committee for the International Union of Marine Insurance.
Czorba replaces John Rowney, who is retiring after nearly 28 years with Great American.
The Property Casualty Insurers Association of America hired Kate Carey as vice president, federal government relations.
Carey previously was vice president and head of federal government for MetLife. While there, she lobbied on behalf of the industry in a number of legislative and regulatory efforts, including the Dodd Frank Act and the Terrorism Reinsurance act along with its reauthorizations.
In her new role, Carey is intended to help boost PCI’s expertise at the federal level on issues including international and federal regulatory reform; federal tax reform; rising insurance cost drivers; flood insurance reform and reauthorization; and natural catastrophe preparedness and response.
ProSight Specialty Insurance appointed Vivek Syal as chief risk officer for U.K. subsidiary ProSight Specialty Managing Agency Ltd.-Syndicate 1110.
Syal was most recently with the U.K.’s Prudential Regulatory Authority, where he handled oversight of Solvency II regulations. He’ll also join the managing agency’s board of directors, subject to regulatory approvals.
Syal’s background includes experience in both the Lloyd’s and London Market, and also in enterprise risk management.
Sources: BHSI, Chubb, Great American Insurance Group, PCI and ProSight Specialty