In the ever-evolving world of the insurance sector, August 2023 has witnessed a dynamic series of personnel transitions that have left a significant mark on various sub-sectors. From Reinsurance to Insurance Brokers and Intermediaries, Non-Life Insurance, and the encompassing domains of Life, Health, and Pensions, the past month has seen an intriguing interplay of talent migrations that promise to reshape the industrys landscape. In this article, we delve into the top ten noteworthy personnel moves that have made waves within these sectors, offering valuable insights into the evolving dynamics and key players in the insurance arena. Whether youre a seasoned industry professional or simply curious about the latest developments, join

<blockquote><br>In the ever-evolving world of the insurance sector, August 2023 has witnessed a dynamic series of personnel transitions that have left a significant mark on various sub-sectors. From Reinsurance to Insurance Brokers and Intermediaries, Non-Life Insurance, and the encompassing domains of Life, Health, and Pensions, the past month has seen an intriguing interplay of talent migrations that promise to reshape the industrys landscape. In this article, we delve into the top ten noteworthy personnel moves that have made waves within these sectors, offering valuable insights into the evolving dynamics and key players in the insurance arena. Whether youre a seasoned industry professional or simply curious about the latest developments, join us as we explore the fascinating world of insurance through the lens of August 2023s most notable people moves.</blockquote>
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<h1>1. WTW Appoints Allison Bryce as National Personal Lines Leader in Canada</h1>
<blockquote>Willis Towers Watson (WTW) has recently named Allison Bryce as the National Practice Leader for Personal Lines in Canada. Based in Toronto, Bryce will be dedicated to strengthening client relationships and expanding WTWs presence in the Canadian insurance market. With over two decades of experience in the North American insurance industry, she brings a wealth of executive and client leadership expertise. Allison Bryce will report to Tyler Banks, Practice Leader for Personal Lines in North America, and Erin Magilton, Canadian Leader for Corporate Risk and Broking, as part of WTWs Corporate Risk and Broking, North America division.</blockquote>
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<h1>2. Everard Barclay Simmons Joins Hamilton Insurance Group Board</h1>
<blockquote>Hamilton Insurance Group, Ltd. has welcomed Everard Barclay Simmons to its Board of Directors, effective August 14, 2023. Board Chair David Brown expressed excitement about Simmons appointment, citing his extensive leadership experience in international organizations. Hamilton CEO Pina Albo also praised Simmons diverse skills, anticipating his valuable contributions to the companys growth and success.</blockquote>
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<h1>3. AJ Gallagher Strengthens Latin American Treaty Team with Key Hires</h1>
<blockquote>AJ Gallagher has enhanced its presence in the Latin American treaty insurance sector by welcoming executives Andres Posada and Ivan Monroy from Howden. Posada, a former executive director at Howden and Latam treaty head at RKH before its acquisition by Howden in 2019, brings a wealth of experience, having worked at JLT Re in Colombia and the US in various roles, including treaty manager and SVP. Monroy, who served as a treaty manager at JLT Re for seven years, also played a vital role as Howdens treaty director for almost four years. These strategic appointments come amid a wave of changes in the Miami treaty insurance sector, with OdysseyRe recently hiring Jose de Tomas as VP and senior treaty underwriter. Both AJ Gallagher and Howden have refrained from commenting on the move, indicating a competitive market landscape.</blockquote>
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<h1>4. Apollo Bolsters Marine Construction Team with WTWs Kyu Jin Byun</h1>
<blockquote>Apollo has appointed Kyu Jin Byun, formerly of WTW, to strengthen its marine construction class expansion. With Iain Henstridge leading the marine hull portfolio, Apollo aims to enhance its presence in this evolving sector. Recent changes in the marine hull market have created opportunities for ambitious carriers. Jin Byun, returning after his tenure at WTW since 2020, began his career at RSA. This move aligns with Apollos diverse marine portfolio, overseen by Simon Mason in the marine, energy, and transportation unit. This appointment follows Apollos previous addition of Caroline Stanley from The Hartford to develop the ports and terminals business within the marine and energy liability division.</blockquote>
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<h1>5. AXA XL Appoints Kirsten Andersen as Underwriting Manager for Design Professional Insurance in Canada</h1>
<blockquote>AXA XL has appointed Kirsten Andersen as the Underwriting Manager for its Design Professional insurance business in Canada. With a background as a lawyer and extensive experience in supporting design, engineering, and architecture clients, Ms. Andersens expertise is expected to enhance AXA XLs Design Professional underwriting team. This move reflects AXA XLs commitment to providing flexible solutions and superior claims service to Canadian clients. AXA XL, a division of AXA, offers a comprehensive range of insurance and risk management products and services, serving mid-sized companies to large multinationals, and providing reinsurance solutions globally.</blockquote>
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<h1>6. Arch Re Ltd. Announces Key Leadership Changes in Reinsurance Strategy</h1>
<blockquote>Arch Re Ltd. is implementing strategic leadership changes in its reinsurance division. Crystal Doughty becomes Chief Underwriting Officer for Property, while William Soares takes on the role for Casualty and Specialty. Pierre Jal now heads Arch Reinsurance Europe, and Matthew Dragonetti broadens his role to lead client-centric initiatives across Arch Worldwide Reinsurance Group. These changes reflect Arch Re Ltd.s commitment to internal talent and positioning for continued excellence in reinsurance.</blockquote>
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<h1>7. Nick Fortis Career Milestone: Leading AJ Gallaghers Strategic Partnerships</h1>
<blockquote>A significant industry shift unfolds as Nick Forti assumes the role of Group Head of Strategic Partnerships at AJ Gallagher. Reporting directly to Tom Gallagher, the Global Brokerage CEO, Nicks career journey is characterized by remarkable achievements. His recent leadership as Managing Director of Gallagher Res Head of Global Clients underscores his expertise. Past roles, such as Deputy Chief Underwriting Officer at SCOR | Specialty Insurance and Active Underwriter at The Channel Syndicate, highlight his industry prowess. Starting as a Trainee at Willis Limited, Nicks career progression is a testament to his success.</blockquote>
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<h1>8. R Doraiswamy Appointed Managing Director of LIC India</h1>
<blockquote>The Indian government has appointed R Doraiswamy as the Managing Director of Life Insurance Corporation of India (LIC). Currently serving as the executive director at the Mumbai central office, Doraiswamy will assume this role from 1 September 2023 until his superannuation on 31 August 2026, or until further instructions, as per a regulatory filing.</blockquote>
<h1><br>9. Sampo Appoints Ville Talasmaki as Chief Investment Officer</h1>
<blockquote>Sampo, a prominent player in finance, names Ville Talasmaki as its Group Chief Investment Officer, effective October 1. Talasmaki, boasting two decades of financial experience and a Masters degree, has been with Sampo since 2004. This change also marks Patrick Lapvetelainens shift to full-time Chair of Mandatums board. Sampos choice reflects its commitment to nurturing internal talent and enhancing strategic prowess.</blockquote>
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<h1>10. Andrew Dyer Appointed Chief Risk Officer at Aspen UK</h1>
<blockquote><br>Aspen Insurance Holdings Limited has named Andrew Dyer as the Chief Risk Officer for Aspen UK, based in London. With two decades of experience in risk management and governance, Dyer joins from the Prudential Regulation Authority (PRA), where he oversaw London Markets, including Lloyds. In his new role, Dyer will report to Richard Milner, CEO of Aspen UK, and Jenny Kane, Group CRO, ensuring a robust risk framework and strong governance. His appointment reflects Aspens commitment to risk management and regulatory relationships in the insurance industry.</blockquote>
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Apollo Global Management

Arch Reinsurance

AXA XL

Gallagher

Hamilton Insurance

Life Insurance Corporation of India

Sampo

Willis Towers Watson

Insurance Brokers

Life & Health Insurance (NEC)

Private Equity

Property & Casualty Insurance

Property & Casualty Insurance (NEC)

Reinsurance

Reinsurance (NEC)

TALNT Insights

Fintech Insights

Wealth & Asset Mgmt Insights

Markets Insights

Banking Insights

Insurance Insights

Infrastructure Insights

Consumer Insights

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August 2023s Top 10 Noteworthy Transitions in the Insurance Industry

August 2023s Top 10 Noteworthy Transitions in the Insurance Industry

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