People
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The recent raise valued the business at $1.35bn, and took its total capital raised to $272mn.
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Financial executive Sandra Clarke is also joining the board, as famed Spac investor Betsy Cohen, who joined the group in February, steps down.
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The hire previously worked for BMS and Price Forbes.
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The share price jumped after CEO Haley said during an analyst call that the board was working on his succession plan, as well as signalling that its reinsurance business remains in play.
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The reinsurer’s board of directors now has nine members.
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The CEO also pledged revived investment in growth after the Aon deal collapse.
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Industry veteran Florian Beerli has been promoted to lead the newly formed team that offers product recall, media liability and other specialty cover.
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Mark Schwartz, bringing over 20 years of financial services litigation and insurance experience, will work in a brand-new position to advise clients through the claims process.
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Gelinne, who had a more than 30-year career at AIG before Allied World, takes over after a series of reserve charges.
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Ron Whyte, Willis Towers Watson’s COO of corporate risk and broking (CRB) for Asia is to leave the business next month, this publication can reveal.
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The former Alterra Global Reinsurance CEO will be responsible for establishing the new hub for the reinsurance broker.
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Snyder is the fourth public entity specialist Alliant has recruited from Willis in the past month.
