Weston Insurance promotes Nixon to CEO as Lyons departs

Weston Insurance Holdings Corporation, a Florida-headquartered specialty property insurer focused on insuring coastal property catastrophe risks, has appointed Deanne Nixon as its new chief executive officer (CEO), taking over from Michael Lyons who is set to retire.

Lyons, who founded Weston shortly after leaving RenaissanceRe 10 years ago, will be retiring on February 23.

The company's current chief underwriting officer (CUO) Nixon will assume the role of CEO of Weston Insurance Holdings Corporation, and its operating subsidiaries Weston Insurance Company, Weston Specialty Insurance Company, and Weston Insurance Management.

Nixon joined Weston in 2014 as senior vice president and chief underwriting officer, having previously held increasingly senior leadership roles in various companies focused on insurance, reinsurance, retrocession, and insurance-linked securities, including CNA, Folksamerica, White Mountains and Sirius.

Liz Mitchell, Weston Insurance Holdings Corporation board chairman, said: “Upon the announcement of his retirement, I wish to thank Michael for his many years of tireless dedication to Weston and its customers, and to congratulate Deanne on her new role, as we look forward to the next 10 years of
Weston’s continued growth and success.”

Lyons said: “I look forward to following Weston’s continued growth and success, under the capable leadership of Deanne Nixon, and want to take this opportunity to thank all members of the Weston team, its agents and trading partners, for helping to establish, support and grow the Weston brand these past 10 years.”

Nixon commented: “I am sincerely grateful for the opportunity to lead the Weston team, and want to thank our agents and trading partners for their continued support of the Weston brand.”

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