Alterra Appoints Chief Claims Officer in New York

October 19, 2012Email ThisPrintNewslettersTweetArticleComments

Alterra Capital Holdings Limited recently appointed Nicholas Conca to the newly created position of chief claims officer, insurance. Conca, based in New York City, will start his new position in November.

Conca has more than 20 years of insurance industry experience, including many years of direct or managerial involvement with insurance claims operations. He was most recently executive vice president of U.S. operations for Integro Insurance Brokers, and was previously with Crystal & Co., Liberty International and Reliance National.

Conca began his career at the law firm of Wilson Elser Edelman Moskowitz & Dicker, where he served as claims counsel to major insurance companies.

Alterra Capital Holdings Limited, headquartered in Bermuda, provides diversified specialty insurance and reinsurance products to corporations, public entities, and property/casualty insurers in North America, Europe, and internationally. The company had $158 million net profit for the first half of 2012.

 

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Badal Joins Marketform as Chief Risk Officer

September 28, 2012Email ThisPrintNewslettersTweetArticleComments

Specialist Lloyd’s insurer Marketform, a wholly owned division the American Financial Group, announced that Veekash Badal will join the management team on October 1, 2012, in the newly created role of Chief Risk Officer. He will lead the risk and actuarial functions within the business.

Badal joins Marketform from Jubilee Managing Agency where he was Chief Actuary. Previously, he held the position of Chief Actuary at Whittington and was Head of the Market Capital team at Lloyd’s.

“This appointment adds additional depth and breadth to Marketform’s leadership team and follows on from the June announcements naming of John O’Neill as Chief Executive Officer and Andy Ribaudo as Chief Financial Officer,” said the announcement.

Marketform also announced that Oliver Lister has been appointed to the role of General Liability Class Underwriter. He was previously its Group Business Development Director. Lister joined the company in 2008 from Lloyd’s broker RFIB where he had oversight of the binding authority facilities and line slip division with particular focus on casualty classes.

O’Neill commented:

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Chief Investment Officer Blumer to Step down from Swiss Re Post

October 5, 2012Email ThisPrintNewslettersTweetArticleComments

Swiss Re’s Board of Directors has announced that Chief Investment Officer David Blumer has decided to leave the company, effective November 1, 2012. His successor will be announced in due course.

Blumer joined Swiss Re in May 2008 as Head of Asset Management and member of Swiss Re’s Executive Committee. In October 2010 he assumedthe role of Chairman of Admin Re

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ACE USA Appoints Executive Officer for Northeast Region

October 12, 2012Email ThisPrintNewslettersTweetArticleComments

ACE USA, the U.S.-based retail operations of the ACE Group, appointed Mitchell Schmidt as senior vice president and regional executive officer for ACE USA’s Northeast region.

Schmidt will be based in Boston, and will be responsible for setting and driving the overall strategic direction for ACE USA’s Northeast region. He will work collaboratively with the Northeast regional team to oversee all business development, retention and underwriting activities, establish distribution strategies, and service delivery to middle and large account commercial customers. He will report to Ed Zaccaria, division president of ACE USA’s regional operations.

Karen Sothern, who has served as senior vice president and regional executive officer for ACE USA’s Northeast region since 2002, now assumes a new global role as change management officer for acquisitions, for the ACE Group, reporting to Evan Greenberg, chief executive officer of ACE Limited.

With more than 15 years in the insurance industry, Schmidt most recently served as senior vice president and national underwriting manager of ACE USA’s custom casualty and public entity units. He has held several senior underwriting positions at ACE, including serving as Western Zone manager, with responsibility for the excess liability and custom casualty product offerings for five of the nine ACE USA regions.

Schmidt joined ACE in 2003 from Chubb Insurance Group, where he held several branch and regional casualty management and underwriting positions, including Midwest regional excess casualty manager.

The ACE Group is one of the world’s largest multi-line property/casualty insurers. With operations in 53 countries, ACE provides commercial and personal property/casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Group is a division of Zurich, Switzerland-headquartered ACE Limited.

 

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New Lawsuit For Southern California Officer In Homeless Death Case

June 7, 2012Email ThisPrintNewslettersTweetArticleComments

A disabled man has filed a lawsuit against Fullerton police, saying he was abused by the same officer charged in the beating death of a homeless man.

The Orange County Register reported Tuesday that Mark Edwin Walker says he was thrown to the ground and stomped during an arrest last year and his injuries included a broken hand.

Police audio recordings captured a 20-minute encounter between Mark Edwin Walker and two officers.

One of the officers, Manuel Ramos, can be heard trying to get Walker to stand to be handcuffed and threatening to break his arm.

Acting police chief Dan Hughes says the recording contains no evidence of abuse and calls the allegations “fabricated lies.”

Ramos has been charged in the death of Kelly Thomas, a Fullerton homeless man.

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