People in the News
Energi appoints CUO to support Vermont captive
Insurance programme provider Energi has appointed Michael Windstein as chief underwriting officer.
In this role, Mr Windstein will be supporting the underwriting operations of Energi’s recently introduced Vermont-domiciled captive, eCaptiv, which offers programmes for the energy and transportation industries.
The PC1-IC programme is geared towards energy companies within fuel distribution, energy transportation, energy construction, renewable energy, agricultural cooperative, and utilities who have US$250,000 or greater in primary casualty premiums.
eCaptiv’s PC2-IC programme is for energy companies in the same space as PC1-IC, but whose primary casualty premiums are less than US$250,000.
Mr Windstein previously served as assistant vice president for the mid-atlantic at Energi, where he managed the underwriting portfolio for the region.
Prior to Energi, he served as assistant vice president and underwriting manager at Victor O Schinnerer and was an underwriter for the Global Energy Middle Market (GEMM) programme at AIG specialising in the oil and gas industry.
Ed names Kendall head of cat & exposure management
Global reinsurance, wholesale and specialty broker Ed has appointed Jo Kendall as head of catastrophe and exposure management.
RKH swoops on JLT Re for Asia Pacific marine head
RKH Specialty has named Julian Franzman as head of marine cargo, hull and liabilities for Asia Pacific.
CNA Hardy replaces Lloyd’s active underwriter
Specialist commercial insurer CNA Hardy has appointed Carl Day as active underwriter, in addition to his role as head of property, marine and energy.
Mr Day will take on the role from Patrick Gage on the first January 2019.
In his role as active underwriter for Syndicate 382 he will be responsible for liaison with Lloyd’s and the focal point for the Lloyd’s Underwriting Performance Team.
Mr Day joined CNA Hardy in 2014 from Hiscox to build out its marine and energy capabilities across both company and syndicate platforms.
Tokio Marine HCC taps Axis for marine liability head
Tokio Marine HCC has named Darren Carr as head of marine liability for its London Market division.
Mr Carr joins Tokio Marine HCC from Axis, where he most recently served as head of marine and managed various underwriting teams, including marine liability, hull, cargo and specie, reinsurance and renewable energy.
He joined Axis (then Novae) in 2013 from Mitsui Sumitomo where he successfully established marine liability as a new class of business. Prior to that, he spent nearly five years with Hiscox as the deputy class underwriter developing broad experience across the marine liability market. He began his career as a broker within Aon’s marine division.
Tokio Marine HCC said that Carr’s appointment would support its growth strategy in the marine (re)insurance market as it develops its product offering, which includes marine trades, marine property, protection and indemnity (P&I) reinsurance, and marine and energy liability.
In his new role, Carr will report to Simon Button, chief underwriting officer for Tokio Marine HCC’s London Market division.
Lloyd’s COO Khoury-Haq resigns
Shirine Khoury-Haq, chief operating officer of specialist insurance and reinsurance market Lloyd’s of London, is leaving the corporation after five years.
Ms Khoury-Haq joined Lloyd’s in 2014 and is a member of Lloyd’s executive committee. Her responsibilities include global operations, information technology, data, innovation, business transformation and corporate real estate.
Lloyd’s said Ms Khoury-Haq was the driving force behind the creation of the London Market Target Operating Model (TOM) and, as its sponsor, worked with the market to design and deliver the first comprehensive programme to digitise the London re/insurance market and make it easier to do business.
She will continue as COO and a fully committed member of the ExCo until she leaves during the first half of 2019