March 29, 2010
When he succeeded Nick Prettejohn as Lloyd’s of London’s CEO in 2006, Richard Ward was not an experienced veteran of the insurance industry, but then neither was Prettejohn, a former senior management consultant at Bain & Co. Neither is Lord …
March 29, 2010
New York-based insurer Kingstone Cos. has extended the employment contract with Barry Goldstein, its president and CEO since 2001. The amendment extends his tenure through 2014 and grants him 50,000 shares of common stock along with options to purchase an …
March 22, 2010
Guy Carpenter & Company announced that it has named Victoria Carter as Vice Chairman of Guy Carpenter International. She will be “a key member of the Guy Carpenter International Leadership team and will be responsible for driving new business production …
March 15, 2010
Bermuda-based Ariel Holdings Ltd. has announced the appointment of George Rivaz as Chief Executive Officer. He “succeeds Don Kramer, the long-time insurance deal-maker who was instrumental in founding Ariel and who will continue to serve as non-executive Chairman of the …
March 12, 2010
Professor Randy Dumm, Ph.D., of Florida State University, in Tallahassee, Fla., has been named the new chairman of the board for Austin, Texas-based The National Alliance for Insurance Education & Research. The National Alliance also named four new board members: …
March 11, 2010
Lloyd’s Chairman, Lord Levene, visited Japan and South Korea last week where he opened the new Lloyd’s Japan office and hosted an event with Korean Re, titled – Lloyd’s – A Working Partnership. Lloyd’s bulletin pointed out that “Japan is …
March 11, 2010
California Earthquake Authority CEO Glenn Pomeroy testified before the U.S. House of Representatives Subcommittee on Housing and Community Opportunity and Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, in support of H.R. 2555 (specifically Title II), a bill that …
March 8, 2010
Maurice “Hank” Greenberg, the former chief executive of American International Group Inc., will testify Wednesday over a sham transaction involving the insurer and a unit of Warren Buffett’s Berkshire Hathaway Inc, a judge ruled. New York State Supreme Court Justice …
March 2, 2010
Applied Systems Client Network (ASCnet), the user group of Applied Systems insurance agency management software, is planning to relocate by year-end 2010 to the Chicago area. Prior to the move, ASCnet will hire a permanent CEO to succeed interim CEO …
February 18, 2010
Bermuda-based Endurance Specialty Holdings Ltd. announced that, effective March 1, 2010, David Cash will take over as its Chief Executive Officer. Kenneth J. LeStrange, the Company’s Chairman of the Board, President and CEO since its inception, will resign from the …