8 People on the Move
MedRisk Brings on Mike Ryan and Promotes Ken Martino in Executive Positions
MedRisk, a managed care organization that specializes in injured workers rehabilitation, has announced Mike Ryan will shift to executive chairman and the promotion of Ken Martino.
Ryan has been appointed MedRisk’s executive chairman, and Ken Martino has been promoted to CEO and president of the organization.
Having been with MedRisk since 2011, Ryan served as the CEO and president before appointing Martino to these positions in 2019.
Ryan still plans to be an active participant within the MedRisk community: “With Ken as CEO as well as president, I will continue to pursue the strategic development of client, business, and investor partnerships while exploring expansion opportunities,” he said.
Martino has over 35 years experience working with third party administrators and insurers. He’s consistently engaged within the industry, participating in philanthropic initiatives as well.
“MedRisk has experienced exponential growth over the past decade, and I am very pleased to work alongside Mike to provide organization-wide leadership and to implement future business initiatives with him,” Martino said.
Aon’s Reinsurance Solutions Appoints Two New Executives
Aon’s Reinsurance Solutions has announced the hiring of two executives.
Stephen Pett will be joining as a vice president and broker in Aon’s Reinsurance Solutions business, located in Bermuda, and Camilo Ruiz has been hired as senior vice president in Aon’s Reinsurance Solutions Facultative business in Colombia.
Beginning mid-September, Pett’s role with Aon will have him focusing on both industry loss warranties and other reinsurance products. With over 15 years of underwriting experience, he joins Aon after previously working with Nephila Capital as a senior member to its underwriting team.
“We are excited to welcome Stephen to our Bermuda team. His extensive experience across insurance-linked securities and traditional products perfectly complements Aon’s approach to providing our clients with a broad range of capital solutions and services,” said Tony Fox, chairman and CEO of Reinsurance Solutions, Bermuda.
Ruiz joins as the lead of Aon’s Property, Power, Energy & Marine Facultative Reinsurance Specialty Practices. He brings 27 years of broker experience and most recently has served as the Fac senior vice president at Carpenter Marsh Fac.
Pablo Munoz, CEO of Latin America for Aon’s Reinsurance Solutions business, said: “We are excited to have Camilo join our Reinsurance Solutions team in Colombia. His long career and dedication to this sector means that he brings great experience in facultative reinsurance, which will enable us to continue to build on our successes in specialty products in this segment of the market.”
Lloyd’s Expands U.S. Leadership with Hire of Uwe Schoberth
Lloyd’s is pleased to announce the recent appointment of Uwe Schoberth in their newly created role as the U.S. market development director.
Schoberth begins this role with nearly three decades of experience within the industry, specifically in distribution strategy and market development. He joins Lloyd’s after working as the head of distribution at AIG’s Blackboard Insurance.
In this role, Schoberth’s main initiative is to expand Lloyd’s strategic relationships, specifically their relationships in retail, wholesale and insurance brokers.
“Lloyd’s is proud of its leading position in the U.S. market and remains committed to delivering the innovative, timely risk transfer solutions our distribution partners and policyholders have looked to us for since the early 1900s,” said Hank Watkins, regional director and president of Llyod’s Americas.
“My colleagues and I are excited to have Uwe on the team and look forward to working with him on the enhancement of Lloyd’s U.S. business opportunities. We’re moving quickly to take advantage of his deep experience and expansive network of key stakeholders as we look to 2021 and the many opportunities it will present for supporting the success of our multiple stakeholders in London and the U.S.”
HomeCare Connect Announces Jason Luce as Director of Sales
HomeCare Connect, a national ancillary service provider that specializes in home health services in workers’ compensation, has recently appointed Jason Luce as its director of sales.
Luce will be working as direct oversight to the sales team and will also be responsible for several other initiatives, including increasing account growth, overseeing training programs and developing accounts.
He joins HomeCare after previously serving as the director of banking, insurance and capital markets for Conduent, a business process services company that provides digital platforms on a business and government scale.
“Jason’s is an essential addition to our company,” said Vonesa Wenzel, managing partner of HomeCare Connect.
“His consultative sales style aligns with ours and his management experience, leadership and support are huge assets to our sales team.”
Argo Environmental Brings on David Corry as Senior Vice President, Head of Environmental
Argo Environmental, a sector of Argo Group, is pleased to welcome David Corry as its new senior vice president, head of environmental.
Having 35 years of underwriting experience, Corry takes on this new role after most recently serving as senior director of environmental and energy insurance for Markel.
Additionally, he has extensive experience working in commercial insurance and with its products.
“David brings to the team deep technical expertise and a strong background in casualty and complex environmental underwriting,” said Marsh Duncan, senior vice president of U.S. operations.
“Argo Environmental is known for its excellent coverages and broad underwriting capabilities. I look forward to David building further on our successes and taking the business to even greater heights.”
Frank Sapio to Become Allianz Global Corporate & Specialty’s Head of Claims in North America
Allianz Global Corporate & Specialty (AGCS) has appointed Frank Sapio as its head of claims in North America.
Sapio has 30 years of experience in the industry and has spent the past 14 years working with AGCS.
He most recently served as the regional head of liability and aviation claims in North America.
While he steps into this new role as head of claims, he will still be overseeing his previous role on an interim basis.
“Frank has been an integral member of the AGCS claims team for many years and is well respected by colleagues, clients and peers,” said Bill Scaldaferri, president and CEO, AGCS North America.
“I look forward to working with him to make sure AGCS continues to exceed our clients’ claims experience.”
Patrick Sterling of RIMS joins Congresswoman’s Roundtable Discussion
RIMS Board Director Patrick Sterling, who is also senior director of legendary people and risk management at Texas Roadhouse, was invited to join Congresswoman Carolyn D. Maloney (D-NY) and other small business and insurance industry stakeholders to discuss the critical need for Congress to pass HR 7011, the Pandemic Risk Insurance Act (PRIA).
PRIA was introduced by Rep. Maloney in late May of this year, and its basic premise is to enable insurance companies to offer small businesses specific business interruption insurance policies that cover losses created by pandemics. Additionally, PRIA also includes a reinsurance program with a federal backstop that would ensure the insurance industry’s capabilities to provide coverage to these small businesses.
Shortly after PRIA being introduced by Rep. Maloney, RIMS officially announced its support for the Act.
“As the risk management lead for Texas Roadhouse, my industry peers, and many others, are continuing to struggle to manage the complexities of the COVID-19 pandemic — as many of our existing policies fail to cover its impact,” said Sterling.
“RIMS does not agree with those who say that pandemics are not insurable. As a united front, carriers and the federal government can develop a solution to share the financial risk of future pandemics. RIMS members believe a public-private program will establish a viable insurance market and create certainty for businesses across the country. This collaboration makes sense and that is why we support the Pandemic Risk Insurance Act of 2020 — HR 7011.”
Rep. Maloney also had similar sentiments to Sterling in a recent press release: “As we saw during today’s roundtable, there is broad consensus that we need a program like the one created by PRIA — to provide business owners and our economy with better stability in the event of any future pandemics. A forward-looking, public-private partnership like this, one supported by a federal backstop, will help businesses keep their employees on payroll and weather the storm that a public health emergency brings.” &