QBE
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The state’s AG said the case threatens continued offshore oil and gas operations. -
Tricia Loney brings 20 years of industry experience to the role.
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The platform aims to “bend the loss curve”.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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Last year, the firm obtained a Class 4 license in Bermuda.
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The executive succeeds Tim Barber, who left the firm as of July 1.
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The specialty insurance platform has now exceeded $3.1bn in premiums.
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Executives see earnings benefits from workers’ comp beginning to diminish.
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CEO Tom Kang said Converge will now be able to deploy a total of $10mn in limit in certain segments.
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Finnis was formerly head of commercial lines at WTW.
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Irwin joins the firm from Beazley, where she’d worked since 2019.
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RiverStone is assuming $1.2bn of a $1.6bn legacy deal.
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The carrier has appointed AIG’s Sharon Primerano as vice president and US inland marine manager.
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The legacy firm said the deal would strengthen its Bermuda operations.
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The company will now focus on its better-positioned businesses.
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The new suite of coverages is designed to meet the unique needs of healthcare organizations.
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The underwriter will report to Kristina Maffit.
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Coppola was also a member of the NA exec management board.
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Salvatore Sama has been named global product head for casualty, while Jane Farren has been named global head of financial professional lines.
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The executive will be responsible for formulating and implementing the healthcare liability segment’s strategy and approach to underwriting.
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Ryan Powers will report to QBE NA president of commercial insurance Mike Foley.
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Wood had been serving as interim CEO since the departure of Todd Jones at the end of August.
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Julie Wood, group head of distribution, will step into the role of interim CEO until a replacement is found.
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The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.
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He will be responsible for QBE NA’s more than $1bn commercial programs portfolio, which includes both property and workers' compensation.
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The underwriter will be based in southern California and lead global strategy in cyber for the insurer.
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Sir Keith Skeoch takes over from Tim Ingram, who has retired after nine years as chairman.
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The facility will be the largest to launch since Aon Client Treaty in 2016.
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The deal includes a diversified book of international and NA financial lines, European and NA reinsurance portfolios, and several US discontinued programs.
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He most recently served as the chief underwriting officer for the company’s commercial casualty business.
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The deal regards international and North America financial lines, European and North American reinsurance portfolios, and several US discontinued programs.
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Based in North America, Julie Wood will lead QBE’s global distribution capabilities.
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The two insurers are believed to provide in excess of 20% of the cat MGA’s capacity.
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The executive will also serve on the company’s North America executive management board, responsible for portfolio optimization and management in the region.
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The parties did not disclose whether any money changed hands to settle the legal proceedings.
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