This edition of International People Moves describes the meetings at Everest Insurance International and Swiss Re Corporate Solutions.
A summary of these new hires follows.
Everest Insurance Int’l selects Powell from Zurich to lead financial lines
Everest Insurancethe primary insurance arm of Everest Re Group Ltd., said this Timothy Powell joins the company as Head of Finance Lines.
Based in London, Powell will report to Adam Clifford, co-head of Everest Insurance International. He succeeds Christian Colombera who will take on the role of managing director of Australia and head of the Pacific region, pending regulatory approval.
Powell brings more than three decades of experience to the Everest Financial Lines portfolio. He will be responsible for overseeing the underwriting, market engagement and purchasing of the company’s international financial lines. Most recently, he served as Global Head of Financial Lines & Cyber for Zurich Insurance Group, where he successfully developed the Financial Lines and Cyber portfolios. Prior to this, Powell held various senior roles of increasing responsibility at AXA XL, Allianz Australia Insurance Limited and AIG.
“As a key driver of the global economy, financial services is an incredibly important market and Timothy’s appointment reinforces our investment and commitment to financial lines buyers and brokers who need Everest’s partnership,” Clifford said.
“Timothy brings a unique perspective to our team, leading and growing portfolios of financial lines in key regions, and he will contribute to positioning Everest as a leader in this market,” he added.
“Timothy’s caliber of talent and expertise is exactly what Everest needs to best support our clients and drive growth in key business lines and geographies,” said Mike Karmilovich, president and CEO of Everest Insurance. “Financial Lines is the lifeblood of our international business and given the complexity of the financial services market, we have selected a strong leader whose deep expertise will develop our portfolio for the future.”
Swiss Re Corporate Solutions appoints Arquint CEO for EMEAIt succeeds Clytherp
Swiss Re Corporate Solutions announced that he had been appointed Nina Arquintus as Chief Executive Officer for Europe, the Middle East and Africa (EMEA), effective February 1, 2023. In this role, Arquint will be responsible for managing the company’s strategy, development and performance in the region’s commercial insurance markets. She succeeds Fred Clytherp who has decided to leave Swiss Re.
Arquint joined Corporate Solutions from Swiss Re Group Risk Management, where he was Head of Group Qualitative Risk Management and was already a member of the Swiss Re Risk Management Executive Team. Prior to joining Swiss Re, Arquint was Head of Strategic Services and a member of the Executive Board of the Swiss Financial Markets Authority FINMA.
Annette Kurzweilcurrently Chief Risk Officer (CRO) North America at Swiss Re Corporate Solutions, will succeed Arquint in the role of CRO Swiss Re Corporate Solutions globally.
“Nina is an experienced leader who has led our risk management and actuarial reserves team since 2019. Over the past few years, Nina has developed a strong profile and network in the commercial insurance market as our sustainability face. That combination gives her the perfect background for this position,” he said Andreas BergerCEO of Swiss Re Corporate Solutions.
“I would like to express my gratitude to Fred for his passion and dedication to corporate solutions. He is leading the growth of the business in EMEA and leaves the regional team in a very strong position, backed by a wealth of talent,” he added.
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