People Moves: BHSI Names AIG’s Bidmead for Transactional Liability; TransRe Announces Group of Promotions; CNA Hardy Appoints Sr. Underwriters for UK Marine

This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Trans Re and CNA Hardy.

A summary of these new hires follows here.

BHSI Names AIG’s Bidmead as Head of Transactional Liability, Asia and Middle East

Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Louis Bidmead as head of Transactional Liability Insurance for Asia and the Middle East.

In this role he will work with BHSI’s global transactional liability team to provide BHSI’s comprehensive line of coverages to manage the risks of mergers, acquisitions, and other corporate transactions. He will report to Scotland Walsh-Riddle, head of Executive & Professional Liability for Asia, BHSI.

Bidmead comes to BHSI with 14 years of experience as both a lawyer specializing in M&A transactions and corporate advisory at major law firms and most recently as a senior underwriter, providing warranty & indemnity insurance solutions at American International Group. He is based in Singapore and can be reached at Louis.Bidmead@bhspecialty.com.

“BHSI continues to expand our transactional liability portfolio in Singapore and throughout Asia and the Middle East,” said Walsh-Riddle. “Louis has extensive knowledge of the intricacies of M&A transactions, and I am excited to have him leading our team as we deliver tailored and timely solutions for customers.”

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Berkshire Hathaway’s TransRe Announces Latest Promotions

TransRe, the New York-based property/casualty reinsurer and subsidiary of Berkshire Hathaway’s Alleghany Corp., has promoted a group of leaders to new roles in actuarial, underwriting and operations.

• Suzanne Holohan has been promoted to Chief Actuary, following the retirement of Ken Apfel. In this role, Holohan will report to TransRe CEO Ken Brandt.
• John Fugit is promoted to deputy chief underwriting officer for North America. In this new role, Fugit will work closely with the Global Portfolio team and North America managers to enhance our offerings and manage our overall profitability goals. Fugit will report to Kyle Rhodes, president of North America.
• Ben Hodge is promoted to head of US Property, Treaty and Facultative. Hodge will report to Kyle Rhodes.
• Aisling Jumper assumes the position of head of Global Underwriting Operations, having previously been the claims manager for FAIRCO. Jumper will report to Lisa Moser, president, Global Portfolio Management.
• Shawn Lynch assumes the position of global head of Financial Risks to work closely with TransRe’s regional underwriting teams on overall strategy and portfolio composition. Lynch will report to Paul McKeon, president, Regional Markets.
• James Nunn assumes the position of international head of Financial Risk and will work closely with Trans Re’s regional teams to manage the financial risk and terror portfolios. Nunn will report jointly to Shawn Lynch and Laurence Butt, CUO of TransRe London.
• John Spencer is promoted to head of North America Surety to lead our surety and credit portfolios. Spencer will report to Shawn Lynch.
• Tony Celii assumes the position of deputy general counsel. Celii will report to Ken Yapp, general counsel.
• Brett Denyer is promoted to head of Sustainability and Resilience. Denyer will report to Cedric Lobo, chief risk officer.
• Cedric Lobo is promoted to chief risk officer. Lobo will report to Matt Mahoney, chief operating officer.

Established in 1977, TransRe is the brand name for Transatlantic Holdings, Inc. and its subsidiaries (including Transatlantic Reinsurance Co.)

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CNA Hardy Appoints Senior Underwriters to UK Marine Team

CNA Hardy, the specialist commercial insurance provider for clients within the Lloyd’s and company markets, has made three new senior underwriter appointments plus an internal promotion of a senior underwriter to its UK Marine team.

Trevor McAuley joins as senior marine underwriter, based in Glasgow. McAuley will be responsible for Marine Cargo and Transport & Logistics underwriting for Scotland & Ireland and Marine Equipment/Subsea underwriting for UK company business. McAuley has 30 years’ insurance experience including roles at Allianz, XL Catlin, RSA and Tokio Marine.

Conlie Wong joins as senior underwriter, Marine Cargo and Transport & Logistics, based in Manchester. Wong will be responsible for Marine Cargo and Transport & Logistics renewal underwriting. Wong also has 30 years’ insurance experience including roles at Tokio Marine and Catlin.

Hugh Consitt joins as senior marine development underwriter, based in Manchester. Consitt will be responsible for new business development in the North of England for Marine Cargo business. Consitt joins CNA Hardy from Chubb where he spent eight years as regional senior cargo underwriter.

In addition, Michael Slack has been promoted to senior technical underwriter for Transport & Logistics business for UK company business. Slack is based in Manchester and joined CNA Hardy in 2014.

“I am delighted to welcome our new colleagues Trevor, Conlie and Hugh who will further strengthen our Marine proposition in the UK. I am also really pleased to congratulate Michael on his promotion as we improve the senior underwriting capabilities from both within our own ranks and externally with the caliber of Trevor, Conlie and Hugh,” commented Neil Atkinson, head of Marine UK.

Topics Underwriting New Markets AIG