AmTrust hired a former Validus and ACE executive to serve in a key leadership position. Ironshore is bringing on an ex-Swiss Re executive to be head of surety for its Latin American division. A veteran Safeco, Liberty Mutual and The Hartford executive is now with Driveway Software, a developer of smartphone-based telematics technology. Everest Re Group Ltd. filled an important European executive slot. Insurtech startup Slice Labs Inc. now has a seasoned insurance exec on its board of directors.
An executive who once worked at Validus Holdings Ltd. and ACE Group joined AmTrust Financial Services in a major executive role.
As of Sept. 6, Andrew Gibbs will be chairman and CEO of AmTrust subsidiary AmTrust International Insurance Ltd. In his new role, he’ll oversee the division’s Bermuda operations and also serve as a senior executive who provides strategic advise for AmTrust’s European subsidiaries.
Most recently, Gibbs was director of insurance supervision at the Bermuda Monetary Authority. Before the BMA, however, he held executive positions at Validus, ACE (Now part of Chubb), and Ernst & Young.
Ironshore hired a former Swiss Re executive to be its new head of surety for the Latin American Group.
Adriana Nariño will be charged with expanding capabilities for the specialty sector. She’ll be based in Miami and report to Pepe Marquez, managing director for Ironshore in Latin America and the Caribbean.
Nariño was most recently vice president and senior underwriter at Swiss Re, responsible for bonds and trade credit programs throughout Latin America and the Caribbean. Before that, she was regional executive of credit and surety at Aon Benfield Colombia S.A. for Latin America, handling product development and reinsurance analysis of treaty, facultative and special risk business lines.
Nariño has more than 20 years’ experience in underwriting surety coverages for global insurance companies in Latin America.
A veteran Safeco, Liberty Mutual and The Hartford executive has joined mobile telematics company Driveway Software in a leadership role.
Mike Slattery is Driveway’s new executive vice president of product and operations.
Driveway is known for developing smartphone-based telematics technology that collects data to help drivers improve their driving skills and insurers reduce risk with better pricing data. Slattery will be tasked with helping the company grow that business.
Slattery has sizable experience developing usage-based insurance products during stints at Safeco, Liberty Mutual Insurance (which acquired Safeco), The Hartford, and, most recently, at AAA Club Partners.
Everest Re Group Ltd. hired Stephan Knipper as managing director, Continental Europe, and he’ll be based in Zurich.
The 25-year industry veteran was most recently president and CEO of AXIS Re Europe, where he is credited with helping the reinsurer build a strong European platform. Before joining AXIS in 2003, he was a board member at Gerling Global Re, Cologne and held executive director positions for various Gerling subsidiaries.
Knipper’s new Everest Re position is subject to regulatory approval.
Tim Hutton, managing partner of XL Innovate, joined the board of directors of insurtech startup Slice Labs Inc.
XL Innovate, the investment arm of XL Catlin, is one of the backers of Slice, which is developing what it bills as an on-demand, pay-per-use insurance platform.
Hutton is a veteran insurance executive who was CEO at Risk Management Solutions and White Mountains Re. He also has director experience from companies including Safeco, Montpelier Re and New Energy Risk, and has served on the board of XL Group.
At Slice, Hutton will serve on the board with Slice’s co-founders and Frances Kang of Horizons Ventures, which is another Slice investor.
Sources: AmTrust, Ironshore, Driveway Software, Everest Re, Slice Labs