Operations/tech
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The creation of the new role follows the departure of international fac head Paul Summers earlier this month.
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Al Miralles, who served as chief risk officer since 2017, has been appointed president of CNA Warranty.
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The five directors the activist wants out include chairman Gary Woods.
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Executives John Zern and Cary Grace are leaving the broker to pursue other opportunities.
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The withdrawals are part of ongoing efforts to redeploy capital away from underperforming lines of business.
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The executive moves from the role of regional leader of professional liability and cyber reinsurance.
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The executives replace Brad Irick, who is moving to head up Tokio Marine Kiln.
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Class underwriter Geoff Thrower and underwriter Karen Yeomans have worked in the London property market for over a decade.
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Tony Ambrose and Martyn Holland will work from London, while Julie Meyer and Stephen Murray join in New York.
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The Series C round implies a “unicorn” valuation for the InsurTech of over $1bn.
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A&H, US property cat and energy underwriters face redundancy as Canopius looks for deal synergies.
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The newly formed broker builds out the service with additional hires.