Everest Re Group Ltd. picked an executive to lead its newly-created Dublin subsidiary, established for Europe’s post-Brexit financial climate. Chubb made some new property/casualty appointments. Willis Towers Watson appointed three executives to newly-created positions.
Everest Re Group Ltd. has gotten the OK to launch its post-Brexit subsidiary in Dublin, Ireland, and has picked a former Aon executive to lead it.
Steven Cross, the subsidiary’s new CEO, was most recently chief innovation officer at Aon. He has more than 35 years of global experience developed in roles including underwriting, risk consulting and advisory, broking, captive management and data analytics.
The formal name of the entity he is charged with running will be Everest Insurance Ireland, , and it is designed to allow the company to operate throughout the European Union under a single, regulatory framework.
As an expansion of the Everest Insurance global insurance platform, EIID has obtained approval to underwrite a variety of specialty commercial insurance products, including third party liability, property and financial lines, said Everest Re, noting that EIID’s initial focus will be the underwriting of trade credit and political risk insurance.
Chubb Limited announced some new executive appointments.
Brad Bennett has been named regional president of the company’s Far East operations in Japan. Currently senior vice president, Chubb Group and president, Combined Insurance, Bennett handle the management and business results for all general insurance operations including property and casualty, accident and health, and personal lines. He will be based in Tokyo and will report to Juan Andrade, executive vice president, Chubb Group and president, Overseas General Insurance.
Jeff Hager will become the new regional chief operating officer of the Pacific Region in the United States. Currently regional president, Far East, Hager will provide management oversight for the regional underwriting and sales strategies in the seven branches of the region which include Los Angeles, San Francisco, Newport Beach, San Ramon, Seattle, Portland and Phoenix. Hager will be based in San Ramon, where he will also lead that branch, and report to Jim Darling, regional executive officer for the Pacific Region.
Chris Martin has been named chief operating officer of Combined Insurance. Martin is currently president of Chubb Workplace Benefits, the worksite division of Combined Insurance, and he will continue with these responsibilities. He is based in Chicago and will report to Goulding.
Willis Towers Watson made a series of senior appointments in its North America Corporate Risk and Broking business, all in newly-created positions.
Sandie Mullen is the new head of Life Sciences and Pharmaceutical Casualty Broking, North America. In this newly-created role, Mullen will handle highly-specialized casualty insurance coverages for life sciences clients. Mullen joined Willis Towers Watson from RT Specialty, where she was senior vice president, national Life Sciences practice leader.
Joseph LaRocco is head of Carrier Management, North America another newly-created role. In this position, he will be responsible for engaging with, and building relationships across, the company’s key property/casualty trading partners. He’ll also work closely with key partners during complex reinsurance placements and focus on developing innovative coverage products. The 30-year insurance industry veteran joined Willis Towers Watson in 2012 as Midwest regional broking officer.
Raymond Gahwyler has been appointed head of operations for North America Broking, still another newly-created role. He’ll be tasked with helping the company transform its broking platform, a job that includes building out the businesses’ broking centers of excellent. He’s been with Willis Towers Watson since 2015, when he started as regional operating officer for the Northeast region.
Sources: Everest Re Group, Chubb, Willis Towers Watson