This version of Worldwide Individuals Strikes particulars appointments at Everest Insurance coverage and OONA Insurance coverage (previously Mapfre Insurance coverage).
A abstract of those new hires follows right here.
Everest Insurance coverage Names Chubb’s Kendrick Chairman of European Board of Administrators
Everest Insurance coverage, the insurance coverage division of Everest Re Group Ltd., introduced the appointment of Andrew Kendrick as non-executive chairman of the Board of Administrators for Everest Insurance coverage (Eire), Dac, efficient April 7.
Moreover, Kendrick will function an adviser to Everest Insurance coverage Worldwide as the corporate continues to advance its worldwide development technique.
Kendrick’s four-decade-long underwriting profession spans government management positions at a number of the world’s largest insurance coverage firms. Most not too long ago, he served as president and chairman of Chubb European Group, the place he targeted on regulatory issues together with oversight of the corporate’s Brexit plans.
Kendrick additionally held the place of president and chief government officer of ACE Bermuda earlier than being appointed president and chief government officer of ACE European Group. He then served as president and chairman of ACE, the place he oversaw the corporate’s acquisition of Chubb and its rebrand. Earlier in his profession, Kendrick was director of Underwriting and lively underwriter of Syndicate 2488 at Lloyd’s.
Kendrick has vital expertise advising boards of world and regulatory organizations. He was a member of the Lloyd’s Underwriting and Claims Committee and Lloyd’s Market Affiliation Board, together with a rotation as chair. Kendrick additionally beforehand served as non-executive director of the Lloyd’s Franchise Board and is at present chairman of Tysers Insurance coverage Brokers Board.
“Andrew is a distinguished trade veteran with intensive expertise main profitable enlargement methods for international insurance coverage organizations,” stated Adam Clifford, co-lead of Everest Insurance coverage Worldwide. “This, coupled together with his board service to a number of multi-national organizations, makes him a invaluable addition to Everest’s European Board of Administrators.”
“We’re happy to welcome Andrew to the European Board,” stated Juan C. Andrade, Everest president and CEO. “His trade and regulatory expertise throughout Europe and all over the world will probably be an asset as we proceed to scale our insurance coverage enterprise and increase our international capabilities.”
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OONA Insurance coverage (Previously Mapfre Insurance coverage) Hires Marsh’s Zandueta as President, CEO
OONA Insular Insurance coverage Corp. (OONA Insurance coverage), previously Mapfre Insurance coverage, has introduced Ramon Zandueta as its new president and CEO. He will probably be formally taking up the reins from performing CEO Jean Israel by Could 1, 2023.
Zandueta is at present the managing director and chairman of the board of Marsh Philippines, the native arm of the worldwide insurance coverage dealer and threat advising firm.
Zandueta’s profession within the trade started in 1982 with Ayala-FGU as a part of its administration coaching program. He then joined Marsh as the corporate’s native correspondent dealer within the Philippines in 1988. Zandueta additionally performed a key position within the mixture of Company Insurance coverage Brokers and Johnson & Higgins in 1997 to kind Marsh Philippines. He then led the corporate’s Threat Administration Section and was head of Broking Operations for the Philippine workplace till he was promoted to CEO in 2004.
After 17 years of continued development and establishing varied specialty practices within the nation, Zandueta assumed the place of chairman of the board in 2021.
“We’re delighted to have on board trade veteran Ramon Zandueta as we roll out our plans for OONA Insurance coverage within the Philippines,” stated OONA Group CEO Abhishek Bhatia. “Mon will probably be bringing with him not solely tried and examined management but additionally over 4 a long time of experience within the insurance coverage and threat enterprise.”
Established in 2021, OONA Insurance coverage is concentrated on Southeast Asia. Via a buy-and-build technique, it plans to determine its presence in underpenetrated insurance coverage markets of the Philippines, Indonesia, Vietnam, Malaysia, and Thailand. OONA at present has a presence in Indonesia and Philippines and is totally backed by a $350 million fairness dedication by Warburg Pincus.
Within the Philippines, OONA will proceed providing a variety of merchandise together with motor, property, and accident. The corporate can even introduce new merchandise corresponding to cyber threat and medical health insurance, in addition to options which can be rising on the again of accelerating adoption of web, e-commerce, and digital funds.
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