7 People on the Move
Chubb Appoints Two New Hires in Alexandria Williams and Brian Powers
Chubb recently announced the hiring of Alexandria “Alex” Williams as chief information officer of ESIS, Inc. and Brian Powers as executive vice president, chief underwriting officer for the Chubb Major Accounts division.
ESIS is a third-party claims administrator and part of the Chubb group. In her role, Williams will be responsible for oversight of ESIS’ strategic development, specifically within their integrated technology infrastructure.
Williams brings over 17 years of industry experience to her new role with Chubb. Prior to her appointment, she served as vice president and head of technology product management with ESIS.
In his newly created role, Powers will oversee underwriting strategies “in order to drive the overall profitability and growth” of the division as well as managing oversight of the general underwriting management across Chubb’s 11 business units.
Prior to his new role with Chubb, Powers worked as the senior vice president, chief underwriting officer for Chubb Global Casualty. He brings more than 40 years of industry experience to his new role.
Aon Adds New Hires to Expand Tax Insurance Practice
Aon announced two additions to Aon Transaction Solutions to expand their tax insurance practice. Mario Salandra and Doug Brody were named as managing directors of Tax Insurance Business Development.
In their new roles, both Salandra and Brody will be responsible for the education of clients and the continued use of Aon’s tax insurance and other transactional risk mitigation solutions.
Salandra joins Aon from MUFG Bank where he served as a managing director of global financial solutions. Prior to his appointment with Aon, Brody worked with Ernst & Young LLP as a tax principal in their international tax & transaction practice.
“We are delighted that Mario and Doug have joined us as we continue to expand out our tax practice and provide highly bespoke tax insurance and tax-risk mitigation solutions to our clients” said Gary Blitz, co-CEO, Global M&A and Transaction Solutions and global head of Tax Insurance, Aon.
“They bring deep knowledge of tax law and tax strategies to help our clients address a range of risks that can negatively affect a balance sheet or hinder a transaction.”
Ryan Specialty Group Names Tom Clark Executive Vice President
Ryan Specialty Group, LLC (RSG) recently hired Tom Clark as executive vice president.
In this role, Clark will be responsible for managing the ongoing development of RSG’s trading relationships with retail brokers and carriers.
Clark brings over 33 years of industry experience, specifically in E&S/Specialty Insurance to his new role with RSG. Prior to his appointment, he served as the president of Nationwide E&S/Specialty.
“We are thrilled that Tom will be joining RSG. We have known Tom well for many years, having worked with him closely on numerous strategic initiatives, and realize the great leadership and strategic talent that Tom possesses,” commented Pat Ryan, founder, chairman and CEO of Ryan Specialty Group.
“We are looking to Tom to continue accelerating our unprecedented growth, developing new products and deepening client and carrier relationships throughout RSG.”
International Re Announces New Partnership with Cimarron Insurance
International Re works to provide both innovative insurance and reinsurance to mid-market captives. Cimarron Insurance Company is a group of insurance and risk management companies that works to provide businesses with specialized insurance, risk management and risk financing solutions.
With the new partnership comes a greater ability to underwrite for a wide range of property and casualty lines of business.
Andy Jeckells, co-chief executive of I–RE said, “We are excited to launch our partnership with Cimarron, the first of a number of strategic partnerships with insurers that we expect to roll out through 2021.”
He continued, “I–RE’s high-performing mid-market clientele deserve to underwrite their own commercial property and casualty insurance, whilst retaining profits, just as big corporations can, and partnership with Cimarron delivers the high-quality admitted capacity they need to do that.”
Paul Halter, CEO of Cimarron, shared similar sentiments, “Working together, I–RE and Cimarron are eliminating the barriers that stand in the way of mid-market companies underwriting admitted commercial property and casualty insurance policies in the stand-alone and independent cell captives they own.” &