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Zurich Insurance
Rajbir Singh Nanra

Zurich has announced the appointment of Rajbir Singh Nanra to the position of Chief Executive Officer (CEO), General Insurance, Australia and New Zealand. Raj will report to Stuart A. Spencer, CEO of General Insurance, Asia Pacific as well as the board of Zurich Australian Insurance Limited.

Raj’s appointment follows four months as interim CEO, during which time he has successfully rolled out a focused strategy and restructured the business to align and support the execution of the strategy. He brings over 25 years’ of experience in the Asia Pacific insurance and finance sector to the role. He was previously the Chief Financial Officer, General Insurance for Zurich, Australia and New Zealand. Prior to that, he was the Regional Audit Director, Asia Pacific for Zurich based in Hong Kong, where he led a team of 40 auditors covering General Insurance and Life and Investments.

Vanessa Macdonald-Smith

JLT Re has announced the launch of a new division – JLT Fac and the appointment of Vanessa Macdonald-Smith who will lead the division.

Keith Harrison, CEO, UK & Europe, JLT Re, said, “The creation of JLT Fac is a reflection of the JLT Group’s strategic investment in the Facultative space. Bringing together recognised experts from across the group as well as new expertise from across the industry. Vanessa will lead a team of 19 professionals; her appointment is a testament to JLT’s ongoing focus on client’s needs. Under her leadership this team creates a very exciting proposition.”
Gen Re
Pietro Toffanello

Gen Re has announced that Pietro Toffanello will officially begin his tenure as CEO of Faraday effective immediately. He will replace Paul Ceurvorst who will continue to serve on Faraday's board until his retirement at the end of April. Mark Rayner will continue to act as Chief Underwriting Officer for Faraday.

Damon Vocke, President of General Re Corporation and Chairman of Faraday, commented, "We are grateful to Paul for his 25 years of service with the Gen Re Group, the last 12 of which have been as joint CUO and then CEO of Faraday, and wish him well. We are pleased that he will remain on the Board through April. Pietro has been with the Gen Re Group for 21 years and brings extensive international industry knowledge to his new role. I look forward to working with him."

Argo Group
Frank Mike-Mayer & Mark Wade

Argo Gropu has announced the appointments of Frank Mike-Mayer as chief underwriting officer and Mark Wade as chief claims officer, both serving as key executives for the company’s U.S. operations.

“Frank and Mark are experienced leaders representing a broad range of underwriting, claims and management expertise with proven track records of supporting operational excellence, improving profitability and executing key strategies and priorities,” said Argo Group U.S. president, Kevin Rehnberg.

In the role of Chief Underwriting Officer, Mike-Mayer is responsible for guiding the development and execution of Argo Group U.S. underwriting strategies and policies supporting retention, growth, and profitability of the company’s total portfolio of businesses.

Serving as Chief Claims Officer, Wade is responsible for the overall strategic direction, executive leadership and management of Argo Group U.S. claims operations, focusing on the consistent execution of claims functions and operational excellence. Wade will also partner with senior executives in formulating both strategic plans and policies to consistently meet the claims-handling needs of Argo Group’s clients and policyholders.

Mike-Mayer joins Argo Group from AIG Commercial where he served as head of technical underwriting, responsible for driving key global underwriting excellence strategies, developing and implementing global underwriting standards, and establishing a more consistent and robust risk selection framework for underwriters.

Wade joins Argo Group following his role as appointed executive director of the New York State Workers’ Compensation Board. Prior to his appointment, Wade served as deputy superintendent for property and casualty insurance at New York State’s Department of Financial Services.

Renaissance Reinsurance
David E. Marra

Announced yesterday that David E. Marra, who has been Senior Vice President and Chief Underwriting Officer – Casualty & Specialty of the Company since 2013, will become the President of Renaissance Reinsurance U.S. Inc., leading the Company’s U.S. operations. Mr. Marra will continue to report to Ross A. Curtis, RenaissanceRe’s Group Chief Underwriting Officer. Mr. Marra succeeds H. Elizabeth (“Liz”) Mitchell, who will be taking an extended sabbatical after serving with Renaissance Reinsurance U.S. Inc. and predecessor companies since 1993.

Liberty Mutual Insurance
Fernando Cámbara Lodigiani

Liberty Mutual Insurance, yesterday named Fernando Cámbara Lodigiani as CEO of its Chile operations following its acquisition of approximately 99.6% of Compañía de Seguros Generales Penta Security S.A. (Penta Security).  Together with its existing company, Liberty Compañía de Seguros Generales S.A., Liberty Mutual Insurance is now the largest provider of property and casualty insurance in Chile.  

Mr. Cámbara, who is the CEO of Penta Security will lead a unified management team comprised of executives from both companies. Penta Security is the fourth largest non-life insurer in Chile. It offers a diverse portfolio of personal and commercial insurance.  Its products are consistent to those offered by Liberty Seguros, which has grown substantially in the ten years since Liberty Mutual Insurance first entered Chile.  In 2014, Liberty and Penta Security generated CL $ 171 billion and CL $ 226 billion of direct written premiums, respectively. With the acquisition of Penta Security, Liberty Mutual Insurance reaffirms its commitment to Chile and its continued desire to grow in the US $ 3 billion Chile property and casualty insurance market.

Laura McDonagh

Chaucer, the specialist Lloyd’s insurance group, has announced that Laura McDonagh has joined as Onshore Energy Underwriter. Laura will write worldwide downstream oil, gas, refining and petrochemical property business.

Laura is a well-regarded onshore and downstream underwriter who joins from Zurich Global, where she was responsible for the management of Zurich’s oil and gas portfolio.

Kelan Hunt, Energy Practice Head at Chaucer commented:

“We have a market-leading Energy Team at Chaucer and Laura’s arrival, with her in-depth onshore underwriting experience, will enhance our energy offering.  In the current demanding market conditions, it is ever more important that we are able to provide the highest levels of expertise and service to our brokers and clients and I am very pleased that with Laura on board, we further extend Chaucer’s capabilities across the energy industry.”

Arthur J. Gallagher
John Coldman

Arthur J. Gallagher today announces the appointment of John Coldman as a non-executive director, subject to regulatory approval. He will also sit on both the Remuneration & Nominations Committee and Audit Committee for the UK business.

John’s appointment is in addition to his position on the board of directors of Arthur J. Gallagher & Co., which he assumed in November 2014. Having previously served as chairman of The Benfield Group, Brit Insurance and Omega Insurance — as well as deputy chairman and a member of the Council of Lloyd’s — John brings more than 45 years of insurance broking, management and financial services experience.

His appointment also completes the non-executive director line-up of Arthur J. Gallagher Holdings (UK) Limited, led by non-executive chairman Sue Langley, joining fellow NEDs Jamie Drummond-Smith, Trevor Newbery and Lady Louise Patten.

Willis Towers Watson
Alexander van Kuffeler

Willis Towers Watson has appointed Alexander van Kuffeler as Regional Leader of Financial Institutions in Central & Eastern Europe, Middle East and Africa (CEEMEA).

Based in London, van Kuffeler takes up the role with immediate effect. He will focus on delivering the full range of Willis Towers Watson products, services and solutions to financial institution clients in the CEEMEA region.

Previously van Kuffeler was Executive Director in Willis’s Political and Trade Credit Risk practice, where he developed bespoke risk management solutions for a number of Willis’s largest financial institution clients. He joined Willis in 2008 and has more than 10 years’ experience in the credit and political risk market having previously headed up the credit and political risk team at Glencairn.

Pembroke Managing Agency
Ms.Tracy Ma

Ironshore International has announced that its subsidiary Pembroke Managing Agency, will establish an office in Shanghai this month as part of the Lloyd's China platform.

Ms. Tracy Ma has been appointed Underwriting Manager of the entity, reporting to Hui Yun Boo,Managing Director of Ironshore's Asia/Pacific region.