Insurance moves at The Hanover, AXA XL, RT Specialty, BenefitMall and Allianz Commercial

They include an inaugural COO and a new head of property

Insurance moves at The Hanover, AXA XL, RT Specialty, BenefitMall and Allianz Commercial

Insurance News

By Josh Recamara

Several insurance firms have recently made strategic leadership appointments and expansions to bolster their operations and expertise across key sectors, including property, construction, and employee benefits.

The Hanover appoints first COO

The Hanover Insurance Group Inc. has appointed Richard W. Lavey as the company’s first chief operating officer.

In this newly created role, Lavey will oversee the development of the company’s business strategy and lead efforts to enhance integration between business and technology teams. Lavey will continue managing personal lines, core commercial, and various corporate functions.

With more than 35 years of experience, Lavey brings extensive knowledge in both the insurance and technology sectors.

AXA XL hires new head of property for Central zone

AXA XL has appointed Lindsay Hermann as head of property for its Central zone.

Hermann, with over 22 years of experience in property underwriting, will lead the regional property underwriting team, focusing on delivering insurance solutions for complex property risks. Her leadership will play a key role in addressing clients' concerns regarding extreme weather and natural catastrophes.

RT Specialty promotes key team members

RT Specialty, part of the RT Specialty Environmental and Construction Professional practice, has promoted Heidi Burke and Jayden Johnson to assistant vice president roles at its Hamilton, NJ office.

Burke, with over a decade at RT Specialty, has contributed significantly to the firm’s growth in Florida. Johnson, who joined in 2022, specializes in environmental casualty and fire/water restoration risks. These promotions reflect the firm’s commitment to supporting its growth and expanding its capabilities, the company said.

BenefitMall expands Midwest sales team

BenefitMall has appointed Tara Bell as broker sales executive for its Midwest region.

Bell, with over 22 years of experience in the insurance industry, will support brokers across 13 states and play a key role in expanding BenefitMall's presence in the individual and Medicare markets. Bell’s extensive knowledge will help brokers access new resources and tools to better serve clients.

Allianz Commercial expands US construction team

Allianz Commercial has added five new professionals to its US Construction team to support its growing Master Builder’s Risk portfolio.

The new hires will enhance Allianz’s capabilities in providing engineering insurance solutions across various sectors, including infrastructure and civil engineering.

Among the new appointments is Kristen Hoskinson, who joins as executive underwriter team leader. The expansion is driven by a surge in infrastructure spending and a growing demand for construction-related insurance.

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