Lloyd’s of London hired an executive to fill its first-ever Chief of Markets position. AIG has a new head of Media & External Communications. Allianz Global Corporate & Specialty SE named a new Chief Information Officer.
Patrick Tiernan is joining Lloyd’s of London in the newly created role of Chief of Markets, which will oversee market performance and distribution.
Tiernan is relocating from Aviva, where he is currently the Managing Director, UK Commercial Lines & Global Corporate & Speciality, and was previously the Chief Financial Officer of Aviva Insurance Limited.
Tiernan has 24 years of experience in the insurance industry, including serving as Group Chief Operating Officer at Starstone Insurance and Chief Executive Officer of Zurich’s Centrally Managed Businesses. He is chairman of the International Underwriting Association (IUA) and sits on the London Market Group’s board of directors. He is also on the board of ClimateWise and the Innovation Working Group of the Bank of England’s Climate Financial Risk Forum.
Dana Ripley has signed on with American International Group as Vice President, Global Head of Media & External Communications.
Based in New York, Ripley reports to Lucy Fato, Executive Vice President, General Counsel & Global Head of Communications and Government Affairs.
In this newly created role, Ripley will be focused on effectively articulating and communicating AIG’s strategy and value proposition to AIG’s external stakeholders.
Ripley joins AIG from 12A Consulting, where he was Founder and Chief Communications Officer. Previously, Ripley served as Chief Communications Officer at U.S. Bank from 2014 until 2019 and Senior Vice President, Corporate Communications at Voya Financial, Inc. from 2005 until 2014, where he led Voya’s communication strategy for its public listing and separation from ING Group.
Before that, he served as Director of Media Relations at Jackson National Life Distributors from 2003 until 2005. Earlier in his career, Ripley served as Director of External Communications at ING.
Olav Spiegel is the new Chief Information Officer of Allianz Global Corporate & Specialty SE (AGCS).
He reports directly to AGCS SE Chief Operating Officer and Board Member Bettina Dietsche. He joined AGCS from Allianz SE where he was responsible for developing the modern workplace strategy for Allianz Group employees, ensuring modern IT equipment, effective performance both in the office and remotely as well as high security standards.
In his new role, Spiegel leads AGCS’s new IT organization as it transforms itself into an agile IT product delivery organization. This transformation, which started already last year, is targeting a holistic overhaul of AGCS’ IT operating model with core IT functions working in partnership with the business, understanding underwriting, claims, finance or sales requirements and translating them into data-driven and digital end-to-end products and services.
Spiegel also oversees IT functions such as workplace strategy and enterprise architecture, driving the further integration of AGCS’ IT into Allianz Group’s systems and platforms to leverage existing innovation and technology.
Spiegel joined Allianz in 2016 as Head of Business Operations and COO for Allianz Technology of America (ATA), after having held various positions in consultancy previously. In his role at ATA he already worked together closely with the AGCS IT colleagues. In 2018 he transferred to Allianz SE where he developed, together with Allianz Technology, the modern workplace strategy for Allianz including recent enhancements in response to the COVID-19 crisis.
In his role as AGCS’s CIO, Spiegel succeeds Anton von Bebenburg, who moved into a senior advisor role several months ago, supporting the large-scale IT transformation program of AGCS.
Sources: Lloyd’s of London, AIG and AGCS