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Underwriting agency APC has launched a London market broking team to place risks for regional brokers that cannot be facilitated under its regular binding authorities. 10 April 2013
Insurance
Global growth equity firm General Atlantic has bought a 30 per cent stake in Hyperion Insurance Group, the international intermediary. The deal values the company at an equity value of £250 million. 3 April 2013
Insurance
Willis Re Australia has reshuffled its leadership team. Michael Harden, the current chief executive, will become chairman while Cameron Green, its current chief operating officer, will take over as CEO. 3 April 2013
Insurance
Towers Watson has appointed two veteran industry specialists to lead its crisis management business. Paul Bassett will be managing director of the firm’s global crisis management group, and Justin Priestley will head its crisis management consulting practice within that group. Both will be based in London. 27 March 2013
Insurance
Miller has appointed senior executives into its corporate risks and reinsurance teams. 27 March 2013
Insurance
Following the departure of its president Bill Keogh to reinsurance broker TigerRisk, ABS Group, the holding company of risk modelling form Eqecat, has appointed Paul Little as its president. 27 March 2013
Insurance
William (Bill) Keogh, the president of risk modelling firm Eqecat, has joined TigerRisk Partners, the reinsurance broking and risk/capital management firm founded by industry leaders Jim Stanard and Rod Fox. He will become a member of the company’s Decision Support Team. 27 March 2013
Insurance
Bermuda-based MS Frontier Re has appointed a new president and CEO. Starting on April 1, Toshiya Naito will take over the role from Keiichi Nakajima who will return to Japan to take on new responsibilities within MS Frontier Re’s parent company. Naito is a 25-year veteran with Mitsui Sumitomo Insurance Company, the parent company and sole shareholder of MS Frontier Re. MS Frontier Group recently completed a reorganisation on January 1 which saw the closure of MS Frontier Re’s sister office in Dublin. 13 March 2013
Insurance
Risk Management Solutions (RMS) has made Paul Dali chairman of its board of directors. Dali, a venture capitalist who has previously backed a number of highly successful technology companies, had already served as an advisor to the board for the past year. In addition to Dali, Dr Gerald Held, a corporate director on numerous technology company boards and a former Silicon Valley software executive, joins the RMS board as an independent director. And Dominique Trempont, an executive and board member with a focus on cloud and new media, also joins the board. 6 March 2013
News
Bermuda-based Endurance Specialty Holdings has announced that Jerome Faure will join the company on March 11 as CEO of global reinsurance. He will be responsible for Endurance’s North America, Bermuda and international reinsurance operations. Most recently, Faure was a partner in ILS Capital Management in Bermuda focused on insurance linked securities, industry loss warranties and collateralized reinsurance. Prior to that, he served as director and chief underwriting officer for Tokio Millennium Re. He started his career at Scor. 27 February 2013
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