Lockton’s Reese Joins Cowbell Cyber
A former Lockton executive has joined Cowbell Cyber as the new head of insurance. Chris Reese will focus on the business of the company.
Reese brings over 35 years of cyber insurance experience. Prior to joining Cowbell, Reese was Senior Vice President and Head of Insurance Cyber & Technology Practice at global insurance broker Lockton, where he was a consultant on e-business risk transfer products for non-profit, private and public companies. Reese has also held executive positions at NAS Insurance Services, Chivaroli and Associates, and GJ Sullivan Co.
He will report to Trent Cooksley, COO of Cowbell Cyber.
Optio Group Expands Political Violence and Terrorism in the United States with Kirby
Optio Group, a general specialist insurance management agency based in London, is expanding its activities in the United States with the promotion of Chris Kirby to the Global Head of Political Violence and Terrorism (PVT) Insurance, and his move to establish Optio’s PVT underwriting capabilities in the United States
Optio said the move follows the growth of Optio’s US PVT portfolio due to a “significant increase in civil unrest, riots and active fire events” which have caused “considerable damage and disruption to many American businesses “, especially small and medium-sized businesses.
Kirby will provide an access point for US retail and wholesale brokers, in addition to Optio’s online trading portal, Optio Connect. He will also lead the development of new and existing products, while continuing to oversee the strategic growth of Optio’s PVT division.
Kirby joined Optio in early 2020 as Head of Political Violence and Terrorism, following the acquisition of MGA Newbridge Risk Partners, a specialist in political violence and terrorism, which he founded.
“This has been the busiest year on record for civil unrest, with many widely reported incidents in the United States. SMEs are particularly vulnerable in these circumstances and the persistent underlying volatility that propels these events is straining the PVT insurance market, ”Kirby said.
AXIS appoints 3 to the US renewable energy team
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., made three appointments to its US Renewables team.
Becky nace grover joined AXIS as a senior underwriter, Kamran Hamid as an inter-class subscriber, and German Torres as a subscriber. Their responsibilities will include strengthening new and existing relationships with brokers and partners, as well as developing new business opportunities.
Nace-Grover was President of Niche Underwriting at ProSight Specialty Insurance, where she oversaw various specialty portfolios, including the Solar Entrepreneur Program. Previously, she spent six years at GCube Insurance Services as an underwriter focusing on wind and solar accounts. She will be based in New York and will report to Sam Walsh, head of US Renewable Energy.
Hameed was most recently a senior underwriter at Alta Risk LLC, where he worked with renewable energy contractors. Prior to that, he was an underwriter with AIG for six years. In his new role, Hameed will be based in Kansas City and report to Walsh.
Torres is transferred internally from the AXIS Property and Energy team, where he underwrites property, political risk and renewable energy businesses based in Latin America. Prior to joining AXIS in 2019, Torres was a real estate underwriter at Hannover Re for five years. He is based in San Francisco and also reports to Walsh.
Sources: Cowbell Cyber, Optio Group, AXIS Assurance
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