Assurant appoints new chief investment officer

US-based insurer Assurant has appointed Vadim Lipovetsky as chief investment officer (CIO), with oversight for asset management functions, as well as outsourced investment managers.

In his new role, Lipovetsky will also lead an internal team, responsible for portfolio strategy, investment risk analytics and compliance. He will report directly to Richard Dziadzio, executive vice president, chief financial officer of Assurant.

Most recently, Lipovetsky served as senior vice president, head of investment actuarial, where he oversaw investment functions, including those related to asset allocation, portfolio construction and risk management. He also participated in the company’s pensions investment strategy as well as M&A valuations. Lipovetsky joined Assurant in 2003 as vice president, investment strategy and risk management.

Prior to Assurant, Lipovetsky served in several quantitative modeling and analytics roles at Fortis, including assistant vice president, investment actuary. He began his career at MetLife as an actuary.

Dziadzio said: “I am pleased with Vadim’s appointment as chief investment officer for Assurant. His contributions over the past 17 years and leadership through COVID-19 has helped to ensure an appropriate risk return mindset. Vadim’s dedication to strategic portfolio management and sharp insights, together with an inclusive leadership style, position him well for this role.”