Fairmont Specialty appoints accident & health CUO

Fairmont Specialty, part of Crum & Forster, has appointed a chief underwriting officer and actuary into its accident & health unit.

Alison Saifer joins Fairmont Specialty's accident & health division as senior vice president.

She will be part of the executive management team reporting to Gary McGeddy, executive vice president of Fairmont Specialty's A&H operation, headquartered in Eatontown, New Jersey.

Since 2000, the A&H division has offered a  variety of insurance and reinsurance products, providing alternative solutions in what is a quickly evolving accident and health insurance market.

Saifer has been part of the A&H team since 2001 as the division's consulting actuary.

"We could not be more pleased with the permanent addition of Alison to our executive team, as her broad background and experience, coupled with her intimate knowledge of our organisation, are a perfect fit to help propel the A&H operation to new levels of success," said McGeddy.

"She will be invaluable to us at a time when we are entering new lines of business, expanding internationally, and focusing on organic portfolio growth and acquisition."

Saifer began her career at CIGNA and held various positions at Penn Mutual Life Insurance Company, KPMG Peat Marwick and Apex Management Group before starting her own consulting practice, Actuarial Management Strategies, in 1999.