This edition of International People Moves details placements at AXA XL Reinsurance and MGA Rockstone.
Here is a summary of these new appointments.
AXA XL reinsurance boost tweet to Bermuda CEO
AXA XL Reinsurance announced that he has appointed mark tweet as Chief Executive Officer of Bermuda, effective October 3
In his new role, Twite will be responsible for the strategic development of the business in Bermuda, ensuring that capital is effectively deployed to drive a stable and sustainable portfolio as part of the AXA XL reinsurance division.
Prior to his current role as Chief Financial Officer, he held several senior positions, including Head of Strategic Business Finance for the AXA XL Division, while also maintaining his role as Head of Assumed Reinsurance Finance.
Twight is a fellow of the Institute of Chartered Accountants in England and Wales and qualified from Deloitte & Touche in 1998 while working in a London insurance practice. He holds a Bachelor of Science in Economics from the London School of Economics.
“Mark’s 30 years of experience in the industry combined with his 18-year stint at AXA XL in Bermuda places him ideally positioned for our global clients and brokers in this key market and leads our talented team,” said Nancy Commented Bewley, CEO, Reinsurance.
MGA Hires Engineering Team From Rockstone Globe Underwriting
rockstoneThe London-based specialty re/insurance managing general agency that is part of the Aventum Group has centralized its power, construction and engineering teams by hiring three senior engineering underwriting underwriters from Globe Underwriting.
Peter Rossel, Dan Watson And Anthony Palmer, all senior engineering underwriters at Globe Underwriting have joined Rockstone. join all three Ian Greena market leader for primary power generation, and David Turner, a leading manufacturing underwriter with over 40 years of experience. Together they have a combined experience of 150 years of underwriting.
Rossel was Head of Engineering at Globe Underwriting. He has 43 years of experience working as a senior engineering underwriter with leading firms including Pioneer, Beazley and AmTrust. Watson was the senior engineering underwriter at Globe. He combines with over 15 years of experience and has previously held senior positions as Pioneer and Engineering Underwriter at RSA. Palmer was the engineering underwriter at Globe. He has over 10 years of experience and has previously worked at Pioneer and Canopius.
Rockstone said the team offers brokers a highly compelling facility with a consolidated maximum PML line of $27.5 million. Operational power generation has a typical maximum line of sights of US$5 million deployed on non-proportioned structures. Capacity is derived from several major A-rated carriers.
Ian AnsonManaging Director, Rockstone commented: “There are potentially huge opportunities opening up in both the power and construction markets in 2023. By bringing together this team of market-leading talent, we believe we can now ‘go’ in both.” There are two’ markets. Specialty lines. We continue to enjoy excellent long-term relationships with our carriers; their continued commitment to us is a strong vote of confidence in both our ability to market and our offering.
With offices in the UK, Europe, the US, Asia, Africa and the Middle East, Rockstone currently underwrites US$800 million in GWP across a range of specialized lines including property, power generation, maritime, aviation, terrorism and political violence, construction and engineering. Is. and liability.
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