Arch Reinsurance Company announced several changes to its leadership team that were effective Jan. 1, 2022:
- Peder Moeller was promoted to chief executive officer. He has nearly 14 years of tenure with Arch and most recently served as chief underwriting officer for Arch Re Co.
- Jessica Bongiorno was promoted to CUO, Property and Specialty. She has been with the company since 2006, most recently as head of Property. In her new role, she will lead the Property, Aviation, Crop, Surety and Workers Comp Cat and Clash teams.
- Joshua Hackett assumed the role of CUO, Casualty and Specialty. He joined Arch Re Co. in 2016 as director of Casualty Treaty before being promoted to head of Casualty. In his new role, he will lead the Casualty, Professional Liability and Structured teams.
The promotions coincide with the retirement of former Arch Re North America CEO Ken Vivian at the end of 2021.
“I want to thank Ken Vivian for leading the Arch Re franchise in North America and wish him the best in his well-earned retirement,” said Maamoun Rajeh, Chairman and CEO of Arch Worldwide Reinsurance Group. “Our bench is deep, and our next generation of leaders is stepping up. Peder did an excellent job as CUO and is highly respected by both Arch’s clients and his colleagues. I’m excited to see Arch Re Co. continue to grow under his leadership. Jess and Josh’s promotions to co-CUOs highlight the caliber of people we have at Arch Re and our emphasis on promoting from within. We have an incredible trajectory at Arch Re Co. and I’m looking forward to the next chapter.”
Guidewire has appointed John Mullen as president and chief revenue officer. In this newly created role, he will lead the company’s global sales, delivery services and customer success organizations.
Mullen will start at Guidewire in early February, reporting to CEO Mike Rosenbaum.
An industry veteran with more than 25 years of experience, Mullen most recently served as head of the North America Business Unit at Capgemini.
“John is an outstanding leader with extensive experience in P&C insurance, having driven many of the industry’s most complex and successful transformations,” said Rosenbaum. “I’m delighted to welcome him to Guidewire’s management team, and I look forward to working with him on our mission to enable insurers, including the largest in the world, to engage, innovate and grow efficiently with Guidewire Cloud.”
AXA XL Insurance has promoted Maria Duhart to lead its Specialty Niche insurance business in the Americas.
Duhart steps into the role of chief underwriting officer for Specialty Niche from her previous role as head of AXA XL’s Commercial Bonds business. She reports to Donna Nadeau, CUO for the Americas, and assumes multiline underwriting management responsibility of AXA XL’s collective Specialty Niche insurance lines in the Americas, which includes Political Risk and Trade Credit; Commercial Bonds; War, Terrorism and Political Violence; Fine Art & Specie; Leisure and Entertainment; and Structured Risk Solutions.
Before joining AXA XL, Duhart served as head of Commercial Surety at Nationwide.