Check out the latest movements and transitions within the industry this month.
AIG has announced the appointment of Bill Yildiz to the role of National Manager SME within the company’s Financial Lines centre, reporting directly to Head of Financial Lines Dan Collinson.
Yildiz will be transitioning from his role as National Schemes and Facilities Manager at Vero, where he managed a portfolio set up to service members of associations and industry groups.
Prior to working at Vero, Yildiz held a number of finance and underwriting roles and served as Treasurer to the NSW Australian Professional Indemnity Group.
Berkshire Hathaway Speciality Insurance (BHSI) has announced its expansion into life agent and broker dealer professional liability insurance.
The company has also announced the appointment of Atea Martin to Head of Claims for the newly introduced line.
BHSI Head of Financial Institutions and Senior Vice President Tom Kocaj says that the new appointment will help with resolving the unique claims within the specialised line.
“We are pleased to bring the expertise, financial strength, and long term commitment of BHSI to the life insurance agent and broker dealer errors and omissions insurance market,” Kocaj says.
“Atea rounds out our dedicated underwriting and claims team for this segment, enabling us to bring exceptional expertise to resolving its unique claims.”
Underwriting of the new line will be overseen by BHSI Financial Institutions AVP Paul Humel, with a focus on broker dealers and life insurance companies with more than 500 registered representatives or agents.
Liberty International Underwriters
Liberty International Underwriters (LIU) have announced the appointment of Noel MacCarthy to the role of Chief Underwriting Officer for Global Casualty.
Based in Singapore, MacCarthy will be maintain responsibility for the Asia Pacific Casualty portfolio, and also take on global Excess Casualty while providing support to the regions for their Primary Liability portfolios.
LIU President Asia Pacific Mike Abdallah says that MacCarthy’s appointment is a step forward for the company’s Casualty line.
“This promotion recognises both Noel’s leadership and the overall success of Casualty in the Asia Pacific region over the past 16 years,” Abdallah says.
“I believe that this appointment is a significant step forward for Casualty generally and I am certain that LIU will be in even better shape globally as a result.”
National Transport Insurance
National Transport Insurance (NTI) has announced two new appointments within its Sales & Distribution leadership team.
Allan Smith has been appointed to the position of National Manager Key Partners, and Bruce McAleese has been appointed WA State Sales Manager.
NTI General Manager Sales & Distribution Mike Edmonds says: “Allan and Bruce have already played important roles in the growth of NTI and their new positions will continue to strengthen the company’s position as the leader in our market.”
“We’re serious about continuing to grow and invest in our local offices across the country, while also expanding our strategic partnerships. It’s an exciting time for our growing business,” he adds.
QBE Australia has announced three new leadership roles within its Intermediary Distribution business.
Jason Hammond has been appointed to the role of Broker Distribution General Manager, based in Sydney. Jason will be transitioning from his position as QBE Workers’ Compensation General Manager.
Geoff Cutting has been appointed Intermediary Distribution National Operations Manager, based in Melbourne, and Peter Klemt has been appointed Intermediary Distribution General Manager Business Development.
QBE Australia Intermediary Distribution Executive General Manager Jason Clarke says the appointments are a reflection of the company’s dedication to supporting its customers requirements.
“We are extremely fortunate to have Jason, Geoff and Peter join our ID Leadership Team. They will deliver critical skills to our business as we continue to seek innovative solutions to respond to our customers and market conditions,” Clarke says.
“We are proud of our strong relationships in the broker market. These new appointments represent our commitment to finding new ways to use our global capabilities to provide customers with flexible solutions and support.”