trending Market Intelligence /marketintelligence/en/news-insights/trending/MA9TXkWpnRzmsjFAMKmFdg2 content esgSubNav
In This List

Insurance moves: Aon names head of Lloyd's relationships

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration

Blog

Insight Weekly: Banks pursue deals; offshore wind transmission; UK broadcasters vs. streamers


Insurance moves: Aon names head of Lloyd's relationships

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.

Life and health

Fu-Sheng Life Insurance Agency, part of Fubon Financial Holding Co. Ltd., named Pei-Ting Kuo representative director, effective Jan. 17.

Multiline

Brit Ltd. appointed Jon Sullivan group deputy chief underwriting officer and Simon Bird active underwriter of Lloyd's of London Syndicate 2988, The Insurance Insider reported.

Bird replaces Nic Forti, who is leaving the business. Bird will also take on the newly created role of group executive underwriter,

The moves is related to Brit's restructuring from a divisional setup to six underwriting pillars: casualty treaty, property treaty, facilities, specialty, financial and professional liability, and property.

Brit then named Matt Wood managing director for the casualty treaty pillar, James Winn managing director of property treaty, Andrew Bowers managing director for facilities, Tom Hillier managing director for specialty, and Russell Kennedy managing director of the property pillar. Janet Henderson will head financial and professional liability and become a group executive underwriter.

Additionally, the company appointed Joy Ferneyhough group chief experience officer, effective Jan. 1.

The role changes are subject to regulatory approval, according to the report.

Property and casualty

Aon PLC appointed James Mackay head of Lloyd's relationships, The Insurance Insider reported.

Mackay will lead the insurer's work on arranging capital for Lloyd's businesses. He most recently worked on raising funds for Beazley PLC's beta syndicate, according to the report.

Mackay will replace Vijay Mavani, who has left the company.

----------------------------

North American Risk Services Inc. appointed Alida Verdino vice president of business development.

----------------------------

Colin Bird stepped down as Besso Ltd.'s nonexecutive chairman, taking up the role of nonexecutive director, The Insurance Insider reported.

In May 2018, Bird gave up his executive responsibilities to become nonexecutive chairman.

Title

Stewart Title Insurance Co. appointed Sarah Norcross underwriting counsel.