Insurance CEOs News

Hynes Named Willis Canada President, CEO

Willis Group Holdings has named Richard T. Hynes President and CEO of Willis Canada succeeding Wole Coaxum. The change becomes effective March 1. Hynes, a native Canadian, has over 25 years of management and industry experience in the Canadian Market. …

Olmsted Adds CEO to Titles at Atlantic Companies

The Atlantic Companies’ board elected Daniel H. Olmsted, its president and chief operating officer, to the additional post of chief executive officer. Klaus Dorfi, who has served as CEO since 1997, will continue in his role as chairman until he …

Industry Facing Commoditization, Safeco CEO Says

Advertising and technology are generating an even greater focus on insurance pricing rather than insurance coverage, according to Paula Rosput Reynolds, president and CEO of Seattle-based Safeco Corp. Speaking at the annual meeting of the Pacific Northwest Chapter of Insurance …

South Takes Over as Marsh UK CEO

Martin South officially took over as CEO of the UK operations of Marsh. As announced in December (See IJ web site Dec. 7, 2006), he will report to Alex Moczarski, Marsh CEO for Europe, the Middle East and Africa (EMEA). …

Vanek Promoted to CEO of NLASCO; Acquisition by ARC Closed

Affordable Residential Communities Inc. of Englewood, Colo., announced the completion of its previously announced acquisition of Waco, Texas-based NLASCO Inc., a privately held property and casualty insurance holding company. ARC also reported that Greg Vanek, president and chief operating officer …

Marsh Names Former London Lord Mayor Brewer as Vice-Chairman

Marsh Ltd., the international broker’s UK division, announced that Sir David Brewer CMG, until recently Lord Mayor of London, is to fill the newly created role of Non-Executive Vice Chairman, subject to the approval of the Financial Services Authority. “Sir …

Calif. Surplus Lines Association Elects Norton Chairman

The members of the Surplus Line Association of California (SLA) unanimously elected Ceil Norton as their Chairman during the SLA Annual meeting held Jan. 23 in San Francisco and Jan. 25 in Beverly Hills, Calif. Norton is the branch manager …

Boston Risk Specialists Appoints New CEO

Boston-based Risk Specialists Cos. Inc., a member company of American International Group, Inc. (AIG), has appointed David A. Jordan chief operating officer. Jordan will continue as a senior vice president of Lexington Insurance Co. In this newly-created position at Risk …

Clark Steps Down as President and CEO of AIR Worldwide

AIR Worldwide announced that Karen Clark, its current president and CEO, will assume the role of vice chairman of the board of AIR, effective April 15, 2007. S. Ming Lee, currently the company’s executive vice president, will succeed her as …

Brown & Brown Begins CEO Succession Plan

Insurance broker Brown & Brown, Inc. announced the initial implementation of an executive succession plan, which contemplates J. Powell Brown ultimately assuming the office of chief executive officer in July 2009, the date upon which Hyatt Brown has indicated that …