Zurich Insurance Group has appointed Timothy Powell as global head Financial Lines and Cyber, a newly-created role that combines lines of business.
Powell joins Zurich from AXA XL, where he most recently served as chief underwriting officer for International Financial Lines. He will be based in Switzerland. Throughout his career, he has worked with brokers and teams of underwriters in Australia, Asia, the UK and continental Europe. Mowell has more than 30 years of insurance experience.
In his new role, Powell’s area of responsibility includes professional indemnity, directors and officers liability, mergers & acquisition, financial institutions, employers liability and cyber insurance.
Powell will report to Ralph Brand, global head of Casualty, Financial Lines and Cyber.
BHSI Transactional Adds Thieviasingham
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Daniel Thieviasingham as senior underwriter, Transactional Liability, Asia Middle East.
In the Transactional Liability space, BHSI currently offers representations & warranties, contingent liability and class action settlement Insurance on a global basis.
“Dan joins us at a crucial stage in our development in the Asia Middle East transactional liability market. The product is being ever more widely taken up, not only by private equity players, but also by industry buyers, and this trend will continue.” said Steven Harwood, head of Transactional Liability, Asia Middle East, BHSI.
Thieviasingham joins BHSI with nearly a decade of experience spanning corporate finance, mergers & acquisitions and transactional liability insurance. He was most recently at Lockton London. Prior to that he underwrote transactional risks at Ironshore Australia.
He is based in BHSI’s Singapore office.
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