5 People on the Move
Relation Insurance Services Names Tim Hall as Executive Vice President and Head of M&A
Relation Insurance Services, recently acquired by Aquiline, offers risk management and benefits consulting services. Relation announced that Tim Hall has joined the company as executive vice president and head of mergers and acquisitions.
In this new role created to enhance Relation’s expansion strategy, Hall is responsible for the company’s M&A initiatives nationally.
Prior to joining Relation, Hall served as partner and managing director at Waller Helms Advisors, where he advised insurance carrier, insurance distribution and insurance services clients on mergers, acquisitions and capital raises.
Hall also previously worked as vice president in Macquarie Capital’s Financial Institutions Group, executing M&A and financing transactions for clients across the insurance sector.
Aon’s U.S. Reinsurance Solutions Business Names Jay Demeusy as U.S. Vice Chairman
Jay Demeusy has recently been named as U.S. vice chairman of Aon’s Reinsurance Solutions business. Demeusy has spent the last 25 years of his career at Aon, a global professional services firm providing risk, retirement and health solutions.
“During his long tenure at Aon, Jay has performed a wide variety of roles and has demonstrated his leadership and expertise in several core areas of our U.S. Reinsurance Solutions business,” said George deMenocal, president and CEO of Aon’s Reinsurance Solutions – U.S.
“I know that Jay will bring the same commitment and dedication to his new role.”
In addition to continuing to chair the Global Construction & Inland Marine Practice Group, Demeusy will continue to lead Reinsurance Solutions’ U.S. retrocessional solutions team.
New Midwest Regional Executive Joins Hiscox in the U.S.
Hiscox, global specialist insurer headquartered in Bermuda, announced the appointment of Andrew Wood as Midwest regional executive in the U.S.
Prior to joining Hiscox, Wood lead the management of retail sales operations as chief administrative officer and executive vice president of retail operations at Insureon. He also served as chief operating office at InsuranceNoodle, an insurance brokerage dedicated to the distribution of small commercial property and casualty insurance coverage.
In his new role, Wood will report to Bob Gadaleta, head of field for Hiscox in the U.S., and he will lead the growth and performance of the Midwest underwriting team.
“Andy’s diverse insurance industry experience will help provide unique perspective on the changing insurance marketplace and find ways to make it easier to transact business with our broker partners,” said Gadaleta.
New UK CEO Appointed at AFL Insurance Brokers
Jonathan Bines has been appointed as CEO of AFL UK.
Bines joined AFL in April 2018 after a 20-year career in insurance and served as AFL chief commercial officer.
“I have thoroughly enjoyed my first 12 months at AFL, and I am very much looking forward to building on what we have achieved to date,” said Bines.
In his new role, Bines will lead the company’s wholesale and retail operations supported by corporate director Mike Almond and chief financial officer Chris Gagg and the rest of the global leadership team.
“Since joining AFL, Jonathan has quickly built a reputation for delivery,” said AFL Chairman Toby Esser.
“His promotion to UK CEO is a reflection of his focus on outstanding service for AFL’s clients and partners, keen eye for commercial opportunities, and commitment to operational excellence — attributes which will be invaluable going forwards.”
AFL co-founder and current CEO Bob Finch will relocate to the U.S., becoming CEO of AFL North America, an operation which will support the creation of new independent managing general agency businesses and new product lines.
Max Koonce Named Chief Claims Officer, Casualty at Sedgwick
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, hired Max Koonce as chief claims officer, casualty.
Regarded as one of the nation’s experts on workers’ compensation and risk management, Koonce previously served as senior director of risk management for Walmart Stores Inc.
Having joined Sedgwick in 2015, Koonce will now be responsible for product development and innovation, industry analysis and thought leadership, best practices and compliance standards, legislative and regulatory relationships and continued involvement in client programs for Sedgwick’s U.S. workers’ compensation and liability lines of business. &