Our weekly round-up of the latest employment and company news involving the Massachusetts insurance industry
Appointments
Commissioner Gary Anderson Appointed Vice Chair of the NAIC’s International Relations Committee
Massachusetts Commissioner of Insurance Gary Anderson has been named a Vice Chair of the National Association of Insurance Commissioner’s International Insurance Relations Committee. He joins Chair Person Julie Mix McPeak, who is the Commissioner, Tennessee Department of Commerce and Insurance. The announcement was made earlier this year when the NAIC named issued the official list of its 2019 committee chairs and vice chairs. In commenting on the appointments, the association noted that members to the organization’s standing committees were assigned based on preferences, experience and requirements established by the NAIC’s Bylaws.
The 2019 NAIC committee leadership reflects deep expertise and a strong commitment to service across all our committees,” said Eric Cioppa, NAIC President and Superintendent of the Maine Bureau of Insurance. “We look forward to a productive year and continued success with our State Ahead strategic plan and initiatives.”
According to the NAIC, the International Insurance Relations Committee’s mission is the following: “to coordinate NAIC participation in international discussions on and development of insurance regulatory and supervisory standards and to promote international cooperation. The Committee also coordinates on international insurance matters with the U.S. federal government, including the U.S. Department of the Treasury, the Federal Reserve Board, the Office of the U.S. Trade Representative (USTR), the U.S. Department of Commerce and other federal agencies. In addition, the Committee provides an open forum for NAIC communication with U.S. interested parties and stakeholders on international insurance matters.”
Promotions
The Hanover Insurance Group Expands Specialty Leadership Team
The Hanover has expanded its specialty leadership team in order to focus on “growth opportunities and further drive value with the company’s independent insurance agent partners.” According to the Worcester-based insurer, these enhancements round out a series of talent investments the company has made to its specialty business over the last year.
As part of our commitment to be the premier property and casualty insurer for our agent partners, we continue to assess our talent and structure to be sure we are supporting our agents in the most effective way possible, helping them drive growth and opportunity,” said Bryan J. Salvatore, president, specialty at The Hanover. “We are excited to be rounding out a series of talent appointments we made this year to support our growing specialty capabilities. There are significant opportunities within the specialty market and we are better positioned than ever to help our agents navigate this market and capitalize on these opportunities.”
As part of this expansion, The Hanover announced it has appointed Steven M. Mills president of the company’s excess and surplus (E&S) business. In this role, Mills will leverage the company’s broad and innovative capabilities to deliver E&S solutions for property and casualty businesses, making it easier for The Hanover’s agent partners to serve the needs of their clients. Mills will help the company expand its existing E&S capabilities, including building a new retail operation for the company’s key retail agent partners, enabling more efficient placement of E&S business.
Mills brings a wealth of insurance experience to the organization, most recently serving as senior vice president and unit head for the primary casualty unit of IFG Companies. Prior to his time at IFG, Mills spent more than 13 years at AIG in various leadership roles, as well as in field and home office underwriting positions. He also held roles at Liberty Mutual, Citizens Insurance Company, CNA Reinsurance Company and Continental Insurance Company.
The Hanover has also promoted James H. Kawiecki to president of surety, responsible for both contract and commercial surety. Kawiecki previously served as vice president of contract surety for the company. Kawiecki built a strong underwriting culture and a committed, experienced team that has driven strong performance in recent years. In addition, John A. Rowedder has been promoted to vice president of contract surety at The Hanover and will continue to serve in his current role as chief underwriting officer for contract surety as well.
To complement the specialty leadership team, the company has added two new roles. Jon Martin has joined The Hanover as its new vice president, distribution management, professional lines. Prior to The Hanover, Martin served as vice president, sales and distribution at Berkley FinSecure. Martin will be responsible for new business initiatives across the company’s management liability, professional liability and healthcare lines of business. Christopher J. Zaneski has been promoted as the company’s new vice president, distribution management, specialty property and casualty lines. Zaneski previously served as assistant vice president, distribution management, Hanover Specialty Industrial (HSI) at The Hanover and, in this new role, will be focused on developing new, collaborative business opportunities across the company’s specialty industrial property, marine and E&S property and casualty businesses.
Cabot Risk Strategies promotes Gina Wilder
Cabot Risk Strategies recently announced on its LinkedIn page that it has promoted Gina Wilder to Partner. According to the announcement, Ms. Wilder will hold the position of CFO and Executive Vice President. In addition to her new responsibilities, she also will continue to lead the company’s finance, accounting and human resources teams. Ms. Wilder has been an integral contributor to Cabot’s Success since its inception in 2006. She is a proven and effective leader with an unparalleled commitment to excellence.
Cabot Risk Strategies LLC is a dynamic and highly experienced team of insurance professionals dedicated to delivering quality services to our clients. Risk management solutions are our business. Our goal is to help our clients effectively manage risk through insured solutions, self-insured solutions or a combination of both. Every client presents a unique risk profile and our assignment is to implement an individual solution.
We build long term, respected relationships. We are a full-service insurance brokerage and risk management consulting firm, and we are proud of our roots which date back to the former legendary Hastings-Tapley. Our greatest asset is our more than 60 dedicated insurance professionals who deliver exceptional service. We specialize in public entity, non-profit, real estate and commercial clients, and we provide our clients a leading employee benefits practice delivering best-in-class employee benefits solutions and services.
Update Alert
The Agency Checklists Job Board has relaunched…
We have updated and relaunched our Job Board to better cater to the needs to our readers. The new site has a bevy of features including the ability to post your profile or job using your LinkedIn profile, job alerts, job boosting options and more. To help celebrate the relaunch, we are also offering 10% of all job postings for the month of March! Use the code on the coupon below…