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The executive joined Citizens as general counsel in June 2021. -
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He will be responsible for expanding the company’s platform of MGAs and MGUs.
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Prior to joining Newfront, Wagner worked as Marsh’s central zone growth leader, overseeing 18 offices throughout central US.
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To replace Lyons, AIG appointed Sabra Purtill as interim CFO and Turab Hussain as interim chief actuary.
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The executive joins the firm after stints at Markel, Chas. Lunsford Sons & Associates, and Colony Insurance.
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The funding will be used to extend the distribution of its advanced commercial and high-net-worth flood insurance products, and to further hone its technology platform.
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The executive will report to Brian First, president of Arch Insurance North America, as a member of the executive leadership team in the region.
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The former Canopius CEO will chair the company’s nominations and governance committees.
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Fernandez joins the MGA as the company is beginning to operate with capacity from five different carriers fronted by BMI, including Chinese carrier PICC.
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The former reinsurance CEO had previously parted ways with Bob Cooney after working together on a reinsurer start-up last year.
