Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah.
Prior to joining Wells Fargo Insurance Services, Marchant was vice president and chief risk officer, corporate risk management and insurance for Memorial Health, Inc. In that role, he redesigned all commercial insurance programs and developed Memorials Health’s risk management and claims administration programs. Marchant also operated Memorial’s off-shore medical professional liability captive for 15 years.
Arison Insurance Services Inc., a Louisville, Kentucky insurance brokerage, has added several members to its sales staff. The new additions include senior sales executives Stephanie Bell, Chris Fabish and Sam Drury.
Bell brings 13 years of experience. Most recently, she was employed by AEGON, a life insurance company.
With more than 15 years in the commercial health insurance industry, Fabish will be responsible for working with mid-market and large commercial clients on benefits. Drury’s career has spanned more than 32 years in the commercial insurance sector. He joined Arison to help the firm and larger clients navigate the changing health care landscape.
In addition to the new appointments, Krista Rigling has been promoted to group senior sales executive. She will focus on mid-market commercial clients.
Previously owned by Anthem, Arison was purchased by Assurance Investment Partners (AIP) in July 2008. Arison has six regional offices in Kentucky and one in southern Indiana.
Thomas E. Riley has been promoted to chief acquisitions officer for Florida-based Brown & Brown Inc. and will assume responsibility for mergers and acquisitions activity of the company and its subsidiaries, and for the supervision of the personnel within the company who work on acquisition matters.
He will also continue as regional president for south Florida and northeastern U.S. territories in addition to his new responsibilities.
Mergers and acquisitions is not new territory for Riley. Of the 337 acquisition transactions consummated by Brown & Brown affiliates since 1993, he has been personally involved with nearly 25 percent of them, according to J. Powell Brown, president and CEO of the giant Florida-based agency.
Riley has been with Brown & Brown since 1990, when he joined as chief financial officer. He has been promoted through several positions over the years and was elected as regional executive vice president in 2001. He was elected regional president in 2005.
Specialty lines insurer Argo Group US has appointed Louis Levinson to be president of the group’s Excess and Surplus lines, overseeing the underwriting and business operations of Colony, Argonaut Specialty and Argo Pro. He will be based in Argo Group’s New York office.
Levinson will join Argo Group US from ACE Westchester where he was president of the nationwide casualty operations. Levinson has been with ACE Westchester for the last nine years. He was appointed to the position of president of ACE Westchester in 2005. Prior to working at ACE, Levinson worked at Fireman’s Fund Insurance Co. and Chubb Group.
Chicago-based CNA Insurance has named Stephen Clark as vice president of its Ocean Marine operation. In this role, Clark has responsibility for the global insurer’s entire ocean marine line of business, including Hull, Marine Liabilities, Protection & Indemnity and Cargo.
Clark brings 25 years of ocean marine insurance underwriting experience at companies including Continental/MOAC, Transatlantic Re, Reliance National and CNA Marine/MOAC. In 2005, he co-founded RLI Marine where he was involved in all facets of this new marine underwriting operation.
Insurance transportation MGA and wholesale broker Transportation Risk Services (TRS) in Barrington, Ill., has added Sandra Bailey as vice president.
Bailey has more than 25 years of experience in the insurance industry. Bailey joins TRS from Crump where she spent 10 years as a transportation broker specializing in public automobile, local and long-haul trucking accounts.
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