Chartered Property Casualty Underwriter

Kinsale Capital Group Announces Board and Management Changes

Retrieved on: 
Friday, January 5, 2024

Kinsale Capital Group, Inc. (NYSE: KNSL) (the “Company”) announced today changes to its Board of Directors (the “Board”) and management structure effective March 1, 2024.

Key Points: 
  • Kinsale Capital Group, Inc. (NYSE: KNSL) (the “Company”) announced today changes to its Board of Directors (the “Board”) and management structure effective March 1, 2024.
  • “Our board and management team have a deep commitment to execute our business model efficiently and to deliver superior value to our shareholders,” said Lippincott.
  • Dalton and Winston are employees of Kinsale Management, Inc., the management services company of Kinsale Capital Group, Inc. and its consolidated subsidiaries.
  • Kinsale Capital Group, Inc. is a specialty insurance group headquartered in Richmond, Virginia, focusing on the excess and surplus lines market.

Insurance Solutions Provider Orion180 Names 4 to Leadership Team

Retrieved on: 
Tuesday, November 14, 2023

They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.

Key Points: 
  • They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.
  • “These appointments signal our preparedness to compete in multiple lines of personal and commercial insurance as we look to expand nationally.”
    Mohammad Javanbarg, SVP of specialty risk, joined Orion180 to customize and enhance Orion180's view of modeled and non-modeled catastrophe risks, and develop innovative specialty insurance solutions.
  • Malcolm Tsung, VP of product management, commercial lines, joined Orion180 to spearhead the development of Orion180’s commercial lines products.
  • Before joining Orion180, at LexisNexis Risk Solutions, he served as director, commercial insurance vertical.

Chubb Appoints Federico Spagnoli to Lead Consumer Lines for its International General Insurance Operations

Retrieved on: 
Tuesday, December 12, 2023

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations. He joins Chubb from Prudential Financial, where he served as Chief Executive Officer of Fully Ecosystem, a wellness fintech venture. In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations.
  • In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.
  • Chubb's international consumer lines comprise a broad range of personal property and casualty insurance products as well as personal accident, supplemental health and travel insurance.
  • Spagnoli will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance.

Brock Masterson Joins Crum & Forster Surety Division as Senior Vice President, Chief Operating Officer

Retrieved on: 
Wednesday, November 29, 2023

MORRISTOWN, N.J., Nov. 29, 2023 /PRNewswire/ -- Crum & Forster (C&F) announces that recognized industry veteran Brock Masterson has joined the company's Surety Division as a member of its executive leadership team. In this newly-established role, Mr. Masterson will be responsible for continued growth of the Division's underwriting book and expansion of its business through deepening broker relationships, while working closely with claims, operations, IT, finance and human resources teams to ensure oversight of processes and procedures to improve efficiencies.

Key Points: 
  • MORRISTOWN, N.J., Nov. 29, 2023 /PRNewswire/ -- Crum & Forster (C&F) announces that recognized industry veteran Brock Masterson has joined the company's Surety Division as a member of its executive leadership team.
  • "Brock has cultivated relationships throughout his career and will be a great complement to Crum & Forster's expanding surety book.
  • "I'm thrilled to join Crum & Forster's Surety Division and be part of Matt's leadership team," shared Mr. Masterson.
  • Mr. Masterson also holds the following industry designations: Associate in Fidelity and Surety Bonding (AFSB), and Chartered Property Casualty Underwriter (CPCU).

The Hanover Appoints Stephen P. Marohn President, Specialty Property and Casualty

Retrieved on: 
Monday, November 20, 2023

WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty.

Key Points: 
  • WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty.
  • In this role, Marohn will be responsible for leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers (HSIB).
  • With more than 30 years of wide-ranging industry experience and an accomplished background in commercial and specialty property and casualty insurance, Marohn most recently served as senior vice president of small business at CNA Insurance.
  • "We are very pleased to welcome Steve to our company and to this important role within our specialty business," said Bryan J. Salvatore, executive vice president and president of specialty at The Hanover.

Alliant Insurance Services Expands Florida P&C Team, Hires Macenzi Holmes-Morton

Retrieved on: 
Tuesday, November 7, 2023

Alliant Insurance Services continues to expand its team in Florida, hiring Macenzi Holmes-Morton as Vice President within the company’s Alliant Americas division.

Key Points: 
  • Alliant Insurance Services continues to expand its team in Florida, hiring Macenzi Holmes-Morton as Vice President within the company’s Alliant Americas division.
  • Holmes-Morton joins Alliant with a diverse professional background that includes property and casualty insurance, finance, telecommunications and human resources and payroll services.
  • In his role with Alliant, Holmes-Morton will design and deliver strategic insurance and risk management services that provide long-term cost savings and security to a wide range of clients.
  • “Macenzi adds strength to our team as we continue to expand our footprint across Florida and the greater Southeast,” said Bob Bennetsen, Executive Vice President and Senior Managing Director with Alliant.

SimpliSafe® Partners with Horace Mann Educators Corporation to Provide Educators with Affordable Solutions to Protect Their Homes and Futures

Retrieved on: 
Wednesday, October 18, 2023

BOSTON, Oct. 18, 2023 /PRNewswire/ -- SimpliSafe®, maker of award-winning home security systems, today announced a partnership with Horace Mann Educators Corporation (NYSE:HMN), the largest multiline financial services company focusing on America's educators and their financial success. The partnership provides Horace Mann policyholders with advanced home security at an affordable price point.

Key Points: 
  • The partnership provides Horace Mann policyholders with advanced home security at an affordable price point.
  • "We are inspired by Horace Mann's mission to give back to educators and provide them with solutions to protect their futures," explains Michael Bobich, Director of Partnerships at SimpliSafe.
  • "At Horace Mann, we are committed to helping educators protect what they have today and prepare for a successful tomorrow," continued Mark Desrochers, Senior Vice President, Property & Casualty and Chief Corporate Actuary at Horace Mann.
  • To learn more about the partnership and how policyholders can take advantage of the SimpliSafe systems discount, contact your local Horace Mann agent.

Sompo International Global Reinsurance Expands into Canada and Adds New A&H Product in North America

Retrieved on: 
Monday, September 11, 2023

PEMBROKE, Bermuda, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada.

Key Points: 
  • PEMBROKE, Bermuda, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada.
  • Mr. Lamba will be based in Toronto as part of the Canada Branch.
  • * Further, the Company is also pleased to share that Denise Sheehan has joined as SVP, Head of North America Accident & Health Reinsurance.
  • Margaret Hyland, President, North America Reinsurance, commented, “Our ability to attract and retain experienced top-tier talent is a competitive advantage for Sompo International’s Global Reinsurance team, particularly as we look to expand our product offerings and geographic footprint in pursuit of our strategic growth goals.

SCOR launches its new strategic plan: “Forward 2026”

Retrieved on: 
Thursday, September 7, 2023

At its 2023 Investor Day in Paris, SCOR presents its new strategic plan for 2024-2026, Forward 2026.

Key Points: 
  • At its 2023 Investor Day in Paris, SCOR presents its new strategic plan for 2024-2026, Forward 2026.
  • With Forward 2026, SCOR will drive value creation for its shareholders, clients, employees, and for society as a whole.
  • Through this strategic plan, SCOR will strengthen its global leadership and become a dynamic, data-driven manager of risk, capital, and resources.
  • Fabrice Brégier, Chairman of SCOR, comments: “Thierry Léger and his team have built an ambitious strategic plan for SCOR for the next three years.

United States Non-Life (Property & Casualty) Insurance Market Report 2023 Featuring State Farm, Berkshire Hathaway, and More - A Focus on Market's Response to Natural Perils and Industry Developments - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 13, 2023

The "United States Non-Life Insurance Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Non-Life Insurance Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is an essential resource for insurers, reinsurance companies, brokers and insurance buyers.
  • The insurance market report provides expert analysis, market insight, company performance data and market statistics for the US' non-life (property and casualty) market.
  • The detailed report is produced following country visits and interviews with industry professionals working in the US' insurance sector.