This edition of International People Moves details arrangements at Everest Insurance International and Swiss Re Corporate Solutions.
An overview of these new employees follows here.
Everest Insurance Int’l uses Powell in Zurich to run finance departments
Everest insurancethe primary insurance division of Everest Re Group Ltd., announced that Timothy Powell joined the company as Head of Financial Lines.
Based in London, Powell will report to Adam Clifford, co-leader of Everest Insurance International. He succeeds Christian Colombia who will take on the role of Managing Director of Australia and Head of the Pacific Region, pending regulatory approval.
Powell brings more than three decades of experience to Everest’s Financial Lines portfolio. He will be responsible for overseeing underwriting, market engagement and contract buying for the firm’s international financial clients. Most recently he was Global Head of Financial Lines & Cyber for Zurich Insurance Group where he successfully developed the financial lines and cyber portfolios. Prior to that, Powell held a variety of leadership roles of increasing responsibility at AXA XL, Allianz Australia Insurance Limited and AIG.
“As a major driver of the global economy, financial services is an incredibly important market, and the appointment of Timothy reinforces our investment and commitment to financial line buyers and brokers in need of Everest’s partnership,” said Clifford.
“Timothy brings a unique perspective to our team, having led and developed Financial Lines portfolios in key regions, and will play a key role in positioning Everest as a leader in this market,” he added.
“Timothy’s caliber of talent and expertise is exactly what Everest needs to best support our customers and drive growth in key business lines and regions,” said Mike Karmilowicz, president and CEO of Everest Insurance. “Financial Lines is the lifeblood of our international business and given the complexity of the financial services market, we have attracted a strong leader whose deep expertise will develop our portfolio for the future.”
Swiss Re Corporate Solutions appoints Arquint as CEO EMEATo succeed Kleiterp
Swiss Re business solutions announced has appointed Nina Arquint as CEO Europe, Middle East and Africa (EMEA), effective February 1, 2023. In this role, Arquint will be responsible for managing the company’s strategy, development and performance in the region’s commercial insurance markets. She succeeds Fred Kleiterp who has decided to leave Swiss Re.
Arquint joined Corporate Solutions from Swiss Re Group Risk Management, where she was head of Group Qualitative Risk Management and was already a member of Swiss Re’s Risk Management Executive Team. Prior to joining Swiss Re, Arquint was head of the Strategic Services division and member of the board of directors of Swiss financial market regulator FINMA.
Annette Kurtzweilcurrently chief risk officer (CRO) North America at Swiss Re Corporate Solutions, Arquint will succeed in the role of CRO Swiss Re Corporate Solutions worldwide.
“Nina is an experienced leader and has been heading up our Risk Management and Actuarial Reserve team since 2019. In recent years, Nina has developed a strong profile and network in the commercial insurance market as our face for sustainability. This combination gives her the ideal background for this position,” said the spokesperson Andrew BergerCEO Swiss Re Corporate Solutions.
“I would like to thank Fred for his passion and dedication to Corporate Solutions. He has overseen the growth of the EMEA business and leaves the regional team in a very strong position, supported by a wealth of talent,” he added.
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