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Established 1996
Thursday 20 July 2017



Written by staff reporter
Updated daily

• Willis Re appoints global CEO as Cavanagh announces retirement

John Cavanagh is to retire from Willis Towers Watson at the end of December 2017, handing over leadership of Willis Re to James Kent, previously deputy global CEO. Kent joined Willis Re in 2004 and has served as the global deputy CEO since December 2016. He was appointed president of North America in 2010, and before this ran the Willis Re Bermuda operations. Earlier in his career, he spent 13 years with Aon Re (now Aon Benfield).

• Carnegie-Brown gets started at Lloyd’s

Following the retirement of John Nelson, Bruce Carnegie-Brown has taken up his position as chairman of Lloyd’s of London. “I am very excited to get started,” Carnegie-Brown said. “In the months since my appointment was announced, I have been meeting with people in the Market to hear from them about the challenges they face and what we as a Corporation can do.”

• Atradius appoints head of underwriting

Trade credit and political risks specialist Gary Geller has been appointed as the new London underwriting team head for the Atradius Special Products Unit.
Geller has over 30 years of experience in trade finance, commodity trading and management of commodity-related projects. He began his career in commodities in 1984 and subsequently spent 17 years with Credit Agricole in successive postings in New York, Paris and Hong Kong where he set up the bank’s commodity financing activity in Asia. Since then, he has been responsible for investment projects related to oil trading, shipping and logistics in a trading company and lately worked on alternative fundraising strategies for trade finance clients across a variety of sectors.

• BIBA appoints Cyber Focus Group chair

BIBA has confirmed the appointment of John Pennick of Berkeley Insurance Group as chair of its Cyber Focus Group and Tom Draper of Arthur J Gallagher as deputy.

• AGCS appoints global head of aviation

Allianz Global Corporate & Specialty has promoted Mike Hansen to the position of global head of aviation. Hansen joined AGCS in June 2016 and since that time has had overall responsibility for the US, Canadian and Mexican aviation business. He brings with him almost 35 years’ international aviation insurance industry experience from both an underwriting and broking background. Prior to joining Allianz, he was most recently deputy chief underwriting officer at XL Catlin Aerospace, and also worked in underwriting positions at AIG and Markel.

• Kroll appoints Paris MD

Kroll has announced the appointment of Louis-David Magnien as a managing director, based in Kroll’s Paris office, supporting clients across France, Switzerland, Liechtenstein, Belgium, Luxembourg and the Netherlands.
Magnien has experience in the international investment banking industry, having worked in a series of senior roles at leading firms including Credit Suisse, UBS, Merrill Lynch and Société Générale. Most recently, he was CEO of Silvaris Capital Management, a global long/short equity hedge fund he co-founded four years ago. Previously, Magnien was with Credit Suisse in London, and prior to that, UBS.

• Willis Towers Watson appoints head of broking

Clyde Bernstein has been appointed head of broking, GB for Willis Towers Watson’s Corporate Risk and Broking division. Bernstein has been at Willis Towers Watson since 1990 and was previously director of Broking, Fine Art, Jewellery and Specie.

• Crawford & Company announces president of international

Crawford & Company has promoted Kieran Rigby to president of international -- encompassing UK, Europe, Asia‐Pacific and Latin America regions. Rigby previously served as CEO Crawford Europe and Latin America. In his new role, he assumes additional responsibility for the Asia‐Pacific and UK regions, and will serve as a member of Crawford’s Global Executive Management team. Rigby, who will be based in London, will report directly to Andrew Robinson, global chief operating officer.

• Willis Towers Watson appoints global lead for Natural Resources team

Willis Towers Watson has appointed Thorsten Querfurt as global industry leader for its Natural Resources division. Querfurt joins from Oliver Wyman, where he spent four years as a partner in its energy practice. Prior to that he spent ten years as a director with Corven Consulting, a privately owned management consultancy, focused on business transformation in the energy sector.

• Pool Re strengthens risk analysis and research capability

Pool Re has appointed Andrew Sean Donaldson as deputy head of risk analysis. He will be responsible for the management of threat reporting and commissioning of analytical products to help Pool Re members and partners understand the modern terrorist threat. He will also assist with project management in support of Pool Re’s wider work in the terrorism re/insurance market. Donaldson joins Pool Re after a career with the police, during which he spent most of his service in counterterrorism. He then supported the Foreign and Commonwealth Office with capacity building overseas, notably in India after the Mumbai attacks in 2008, before an attachment to the Association of Chief Police Officers (Terrorism and Allied Matters) supporting the Extremism Task Force in 2013. He subsequently undertook several roles with the Joint Terrorism Analysis Centre (JTAC) and Ministry of Defence, during a time which saw the rise of Daesh and persistent terrorist threats throughout mainland Europe.

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