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Insurance moves: Humana names board member

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Insurance moves: Humana names board member

S&P Global Market Intelligence presents a daily roundup of management and board changes in the insurance industry. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Managed care

Humana Inc.'s board expanded its number of authorized directors to 11 from 10 and elected Karen Katz as a director, effective Sept. 20.

Katz served as president and CEO at Neiman Marcus Group Inc.

Property and casualty

Swiss Re Corporate Solutions Ltd. named Francesco Semprini head of Italy, effective Nov. 1.

Semprini will be based in Milan and will manage the strategy, development and performance of the business in Italy.

At HDI Global SE, Alberto Bellomi will replace Semprini as managing director of the company's Italy branch.

Bellomi serves as chief underwriting officer for HDI Global in Italy.

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Ascent Underwriting LLP and Cove Program Underwriting Ltd. named Ian Beaton nonexecutive director, Haggie Partners reported.

Beaton is the founder and CEO of Ark Syndicate Management Ltd.

The companies also announced that the combined Ascent-Cove group will rebrand as Optio.

Ascent Underwriting is a cyber and specialty lines managing general agency, while Cove Program Underwriting is a U.S. construction-focused MGA.

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Seoul-based Lotte Insurance Co. Ltd. said that a shareholders meeting will be held Oct. 10 to confirm nominations of two executive directors and three outside directors.

The two executive director nominees are Choi Won-jin and Kang Min-kyun, senior managing directors at private equity firm JKL Partners Inc.

The three outside director nominees are former Woori Financial Group Inc. Chairman Park Byung-won, former Financial Services Commission Chairman Shin Je-yoon and former Kookmin University professor Yun Jeong-sun.

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Angus Milgate, head of the U.K. & Ireland at Aon PLC, is leaving the company, The Insurance Insider reported, citing sources.

He will reportedly join McGill & Partners Ltd. as a partner in the international reinsurance team.

McGill & Partners is a specialty risk solutions startup backed by private equity firm Warburg Pincus LLC.

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Maltman International, a division of CRU Group, named Brian McCulloch executive general adjuster, Canadian Underwriter reported.

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AmTrust E&S Insurance Services appointed Jeff Lynn to lead its new excess casualty underwriting division.

Lynn served as vice president and excess casualty manager at Everest Reinsurance.

AmTrust E&S Insurance is a wholly owned subsidiary of AmTrust Financial Services Inc.

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Old Republic International Corp. named Aaron Jacoby senior vice president for corporate development and finance, effective Oct. 10.

Jacoby was responsible for corporate development at RLI Corp.