5 People on the Move

The Hanover names a new president of professional liability, a London-based Willis Towers Watson employee has been named the winner of the 2019 ModelOff Championship and more in this edition of People on the Move.
By: | March 5, 2020

Insurance Office of America Announces Two New Hires

Louis Bridges, senior risk consultant, property and casualty, Insurance Office of America

Insurance Office of America (IOA) announced that Louis Bridges joined its property and casualty practice as a senior risk consultant. Bridges, based out of Georgia, will be responsible for new business development as well as the expansion of IOA’s agribusiness division.

Prior to joining IOA, Bridges served for over 20 years as a senior vice president at J. Smith Lanier & Co., which was acquired by Marsh & McLennan in 2018. He has three decades of industry experience.

Joining Bridges as a senior account executive is Cindy Johnson. Johnson also brings thirty years of insurance industry experience. Prior to IOA, Cindy worked for Doherty, Duggan, Hart, & Tiernan Insurers.

She holds the accredited adviser in insurance (AAI), accredited customer service representative (ACSR), associate in general insurance (AINS), certified professional insurance agent (CPIA), and certified insurance counselor (CIC) designations.

“We’re thrilled to have Louis and Cindy become part of the IOA team. Their deep knowledge of the industry and the agribusiness niche, in particular, means our clients are assured the best-in-class service we strive for,” said IOA Regional President Bruce Eades.

Willis Towers Watson Employee Named Winner of ModelOff World Championship

A London-based Willis Towers Watson employee was announced as the winner of the annual ModelOff World Championship, a global financial modeling competition.

Andrew Ngai, an associate director in Willis Towers Watson’s Insurance Consulting and Technology business, won the competition against 2,000 field practitioners and students from all over the world.

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ModelOff 2019 tested the financial modeling skills and knowledge of the participants in different quantitative disciplines, including financial analysis, banking, insurance, actuarial, engineering, consulting, accounting, Microsoft Excel and other finance-related disciplines.

“Andrew Ngai was up against some of the best modelers in the world, so we are delighted that his skills and ability were recognized in such a prestigious and tough competition,” said Alice Underwood, global leader of Willis Towers Watson’s Insurance Consulting and Technology business.

“Andrew’s achievement is a testament to our industry-leading risk analytics and modeling expertise that enables us to make a real impact on the financial performance of the companies that we work with.”

The competition was comprised of three consecutive rounds. The first and second were held online simultaneously in November and December 2019, respectively, and included real-life financial case studies on a number of topics, such as discount cash flow modeling and innovative problem solving in Microsoft Excel.

The top 15 contestants from those two rounds were then flown to London to compete in the live World Finals on January 25, 2020.The top finalists shared $10,000 in cash prizes.

The Hanover Appoints Sarah Medina, President of Professional Liability

Sarah Medina, president of professional liability, The Hanover

The Hanover Insurance Group, Inc. announced that Sarah Medina has been appointed president of professional liability.

Medina will work closely with The Hanover’s Specialty leadership team to enhance the company’s expansive portfolio of professional liability products.

She will report to Gregory W. Leffard, president of professional lines at The Hanover.

Medina has deep industry expertise and 20 years of experience. She joined The Hanover in 2014 and since has expanded the company’s professional lines portfolio, delivering immense growth in the last three years.

Medina will be responsible for The Hanover’s lawyers’ professional liability and architects’ and engineers’ books of business. Additionally, she will continue to build on the company’s strategy for small specialty business, including additional enhancements to its Insurago platform that was launched last year.

“We are excited to promote Sarah to lead our professional liability business, where she has been instrumental in helping drive innovation and expand our market presence,” said Bryan J. Salvatore, president of Specialty at The Hanover.

Origami Risk Names Scott Plummer Director of Strategy, Core Solutions Division

Scott Plummer, director of strategy, Core Solutions Division, Origami Risk

Origami Risk, a risk, safety and insurance Software as a Service (SaaS) technology firm, appointed Scott Plummer as director of strategy for the firm’s Core Solutions division.

In this new role at Origami Risk, Plummer, who has almost 30 years of management experience in insurance technology, will lead the Core Solutions product management team, driving product delivery. Product capabilities serve insurers, risk pools, third party administrators (TPAs), managing general agents (MGAs), and self-insureds.

“As we continue to enhance our resources and capabilities to meet diverse and complex needs in P&C insurance, Scott brings extensive experience in developing and delivering products that can help these clients achieve efficiencies, enhance performance and embrace the new digital era. We look forward to his contributions to our clients and our firm,” said Chris Bennett, president of Origami Risk’s Core Solutions division.

Plummer joins Origami Risk after 14 years with Guidewire Software where he held a variety of roles. &

Emily Spennato is a former staff writer with Risk & Insurance.

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The R&I Editorial Team can be reached at [email protected]