This edition of International People Moves details appointments at QBE Re and Liberty Global Transaction Solutions.
A summary of these new hires follows here.
QBE Re Names Senior Leaders Across Markets, Product Areas as Part of Restructuring
QBE Re has announced a group of appointments as part of its simplified leadership structure, split across three markets and three products areas.
The following individuals will lead QBE Re’s EMEA, international and North American markets:
- Abdallah Balbeisi has been appointed executive director of Europe, Middle East and Africa (EMEA), with oversight of QBE Re’s Dubai, Brussels, and Dublin offices. He joined QBE in 2020 from Aspen and has over 25 years’ experience in the industry.
- Mark Jackaman has been appointed executive director of International (Lloyd’s & Bermuda platforms). He was previously general manager, London, and brings over 27 years’ experience to the role, including the past 13 years with QBE Re.
- Salvatore Sama has been appointed executive director for North America. He was previously responsible for leading the casualty business globally. Based in New York, Sama has more than 20 years of financial services experience and spent 10 years at Swiss Re prior to joining QBE.
These roles are responsible for leading the underwriting teams across QBE Re’s three markets and executing on QBE Re’s global strategy.
Meanwhile, QBE Re has appointed the following to lead casualty, specialty and property:
- Jane Farren has been appointed executive director, Global Casualty, as of July 1, having previously held the position of global head of Financial Professional Lines. Farren has worked at QBE Re in New York for four years, with previous experience at Aspen and Swiss Re.
- Shane Lawlor has been appointed executive director, Global Specialty, which encompasses accident & health, life, marine & aviation and specialty lines. He was previously head of Specialty, London, and joined QBE in 2015 from Catlin.
- Andy Richardson has been appointed as executive director, Global Property. He joined QBE Re in 2023 from Aeolus Capital Management, Bermuda, where he was portfolio manager and has experience in senior roles at Lancashire Insurance and Guy Carpenter. He was previously head of Underwriting for QBE Re’s Bermuda office.
These roles are responsible for setting global product appetite, managing QBE Re’s global product portfolios and allocating capacity.
All six roles will report directly to Chris Killourhy, managing director, QBE Re. Along with other recent appointments, including Jamie Cook as chief partnership officer, Debbi Wood, head of Claims, Andrew Guarnori, head of Underwriting Oversight, and Ash Ahluwalia, head of Performance & Portfolio Management, these roles form a critical part of QBE Re’s underwriting leadership team.
“Having previously announced the simplified underwriting structure, it is great to have all six roles filled with such high-quality leaders,” commented Killourhy, in a statement. “I am also delighted that the roles have been filled from our existing bench of internal talent. The new leadership model ensures all products and markets are represented by an empowered team which allows QBE Re to be a more agile, consistent and relevant partner for our brokers and cedants.”
In addition, Tracey Gibbons has been appointed to the newly created role of global head of Strategic Development for QBE Re, while Andy Richardson has been appointed general manager of Bermuda, in addition to his role as executive director, Global Property. Gibbons was previously general manager of Bermuda, having joined QBE in 2021 from SiriusPoint. She brings over 40 years’ experience to the role.
QBE Re has offices in Bermuda, Bogota, Brussels, Dubai, Dublin, London and New York, as well as a presence in Japan, Argentina and across the US.
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Liberty Global Transaction Solutions Appoints Leaders in London and Europe
Liberty Global Transaction Solutions, part of Liberty Mutual Insurance, has appointed Nick Lunn as head of the UK, Central Eastern Europe, the Middle East and Africa, and Barbara Magni as head of Southern Europe. Both will report to Markus Messinger, head of EMEA.
Lunn joined Liberty GTS in February 2020 and spent five years as its head of Southern Europe. Before joining the Liberty GTS team, Lunn spent three years at Willis Towers Watson as executive director within the M&A Transactional Risks team.
He also spent three years at another leading underwriter as its UK underwriting manager. Prior to joining the warranty & indemnity (W&I) market in 2013 from an in-house corporate counsel role at EDF Energy PLC, Lunn spent eight years training and qualifying as an M&A lawyer in the corporate department of international law firm, Dentons. In addition to his new role, Lunn will continue to oversee the EMEA tax team.
Magni leads the Liberty GTS team for Southern Europe. She is a dual-qualified M&A lawyer, having trained with Clyde & Co. in London, and later spent six years in the M&A department of a leading Italian law firm. Magni has been with Liberty GTS and its subsidiary Ironshore since 2016, focusing on Southern European transactions. Magni will continue to be based in Milan, Italy.
About Liberty Global Transaction Solutions
With more than 90 specialists, Liberty Global Transaction Solutions (GTS) has one of the largest global M&A insurance teams in the industry. GTS helps facilitate more than 1,500 M&A deals a year on average. GTS offers specialized products and services to help facilitate M&A transactions for buyers and sellers, including representations & warranties (R&W)/warranty & indemnity (W&I) insurance and tax liability insurance.
Topics
Europe
Leadership
London
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