Operations/tech
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Patricia Armstrong will work as CUO of the tower, while Brian Powers has been named CUO for major accounts.
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The Bermuda (re)insurance trade body elects officers for 2021-2022.
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Craig was previously president of healthcare at One Beacon Insurance, where she worked for 12 years.
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The agreement follows a share-swap deal between the two companies.
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About 44mn additional shares in the carrier are expected to go on sale Tuesday. -
The InsurTech announced a partnership with Lockton Re earlier this month, and completed a fundraise in the fall.
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The Irish broker was founded in 1961 and has around 200 employees writing both commercial and personal insurance.
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Assurant has been the primary underwriter on EPG’s protection products since 2018.
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The scheme is expected to commence following the report of Q4 earnings, and last until the end of 2022.
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The appointment comes after mass resignations in the Latin American team earlier in the year.
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The deal further expands the platform’s access to customers through the independent agent channel.
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The milestone was set out in a combined all-staff townhall as the firms look forward to an H1 close.
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