The last few weeks of the year have been busy for the insurance industry, with several major carriers and regulatory bodies appointing new lead executives.
This week,
Insurance Business takes a look at a director appointment within Willis, a company hop at
Chubb and elections at the National Association of Insurance Commissioners Fall Meeting.
Willis
Willis Group Holdings’ Sarah Turvill has been appointed a Non-Executive Director to the Willis Limited Board and will start work January 2014, pending FCA approval.
The broker announced the move as Turvill prepares to retire as Chairman of Willis International at the end of 2013.
Turvill began her career at Willis in 1978 as a lawyer in the firm’s secretariat department. Since then, she was worked to support the company’s international development in Continental Europe, helping Willis secure a $1bn business overseas. Turvill was appointment Chairman of Willis International in 2011.
Chubb
A former
Marsh executive will lead the accident and health division at Chubb Group of Insurance Companies, the global insurer announced Wednesday.
Greg Arms will work as chief operating officer of the division for Chubb, effective Dec. 30. He will report to Paul J. Krump, president of commercial and specialty lines.
Before his work with Marsh, Arms was CEO of the global benefits practice at Willis Group and spent 24 years at
AIG in various leadership roles.
NAIC
On the last day of its fall meeting, NAIC announced the election of its 2014 officers. North Dakota Insurance Commissioners Adam Hamm will serve as the group’s president, with Montana’s Monica Lindeen as president-elect and Pennsylvania’s Michael Consedine as vice president. Kentucky Insurance Commissioner Sharon Clark was elected secretary-treasurer.
The new NAIC officers will assume their duties on Jan. 1, 2014, the group said.
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