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EC News (12 January 2023)

  • Publish Date: Posted 22 days ago
  • Author:by Sheridan Muir

​​​​​​​​​​​​​​​​​​​​​​Round-up of the weekly news and developments from the global (re)insurance market with stories from AXA XL, Liberty Specialty Markets, Chubb and more.​

AXA XL promotes Stephanie Coxall to head of underwriting management, UK & Lloyd’s

AXA XL has announced the promotion of Stephanie Coxall to head of underwriting management, UK & Lloyd’s, effective 16 January 2023. In her new role, she will be responsible for supporting Luis Prato, AXA XL’s Chief Underwriting Officer (CUO), UK & Lloyd’s, in executing the regional underwriting strategy and ensuring continued profitability. Read More

LSM hires Carl Faulkner to head of digital strategy for continental Europe

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the appointment of Carl Faulkner to the newly-created role of head of digital strategy for continental Europe, effective immediately. Based in Paris, Faulkner will report to Kadidja Sinz, head of LSM Europe and Parul Kaul-Green, chief digital strategy officer, LSM. Read More

Chris Collins joins Chubb as head of airline for global markets

Chubb has named Chris Collins as head of airline for Chubb Global Markets (CGM), the firm’s London Market wholesale and specialty business including its Lloyd's platform, effective July 2023. In his new role, Collins will be responsible for leading the development and management of the CGM Airline portfolio. Based in London, he will report to Simon Abbott, product head aviation for CGM. Read More

Everest Re appoints Srini Maddineni as group chief information officer

Everest Re has announced Srini Maddineni has been appointed as group chief information officer for insurance and reinsurance systems, succeeding Terry Walker as group chief information officer (CIO), who will retire at the end of the first quarter of 2023. Maddineni will report to Jim Williamson, Everest Group chief operating officer. Read More

CFC creates dedicated Fintech team

Specialist insurance provider CFC has announced the launch of a dedicated fintech team as part of its financial institutions practice. CFC states the new team brings together over 40 years experience from underwriters with deep experience of writing technology risks and financial institutions. Read More

DARAG adds Laura Pearson as head of UK M&A

Legacy acquirer, DARAG Group has appointed Laura Pearson as head of M&A (UK), effective 1 February 2023. Pearson joins the firm from PwC where she most recently served as a senior manager in PwC’s deals advisory team based in London. Read More

Allianz Holdings appoints Laurence Townley as chief actuary for UK business

Allianz Holdings has announced the appointment of Laurence Townley as chief actuary for the UK business, effective 1 January 2023. He joins the firm from Direct Line, where he spent 10 years, most recently as director of financial risk. Read More