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Pat Donnelly has succeeded Lucy Clarke at Marsh, and Adam Garrard at WTW has moved into a chairman role.
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The executive, based in Morristown, New Jersey, will be responsible for the company’s US reinsurance operations.
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Craig Rappaport was previously CFO and COO and will now assume the role of president, while Nick Dagenais steps into the chief financial officer position.
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Chubb has appointed Ryan France to an EVP role as technology industry practices leader.
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McDevitt will identify client opportunities to help build stronger risk management programs, specializing in professional liability and medical malpractice.
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The promotion caps an “extensive internal and external search” following the departure of former CEO and founder Matt Miller last year due to health reasons.
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Rees joins from Chord Re, where he was head of casualty for nearly two years.
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Liz King Kramer will be responsible for executing the sector’s business plan and driving growth.
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The firm’s statement followed allegations in Israeli tech media of missing collateral linked to deals it was concerned in.
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The executive has worked at the Bermudian carrier for more than two decades.
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It is understood that London-based SVP Andrew Drysdale, who has worked at Marsh for over six years after almost five years at Aon, will relocate to Chile.
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At CNA, the executive managed a $500mn P&L for mid-market business out of New York.