CNA Appoints Hallstrom Assistant Vice President, Cyber Insurance
Chicago-based CNA announced the recent appointment of David Hallstrom to assistant vice president and industry leader, Cyber Insurance. In this role, he is responsible for CNA cyber product management. He reports to Katie Wilson, vice president, General Liability and Cyber Underwriting.
Hallstrom has more than two decades of experience in technology, cyber and information risk insurance. He is highly regarded speaker and blog author on cyber risk. Prior to joining CNA in 2008, Hallstrom held management positions at Risk Placement Services, Zurich North America, Near North National Group and Aon.
QBE North America Appoints Victor Sordillo Senior Vice President, Loss Control
QBE North America, an operating division of QBE Group, named Victor Sordillo has senior vice president, Loss Control. Based in New York City, he will report to Alan Driscoll, chief underwriting officer, QBE North America.
Sordillo will plan, direct and execute QBE North America’s loss control vision and strategy by developing long-range business objectives, establishing a strategic framework to guide regional operations, directing risk-management practices that help reduce losses while favorably affecting new business sales and renewal retention, and ensuring alignment with sales and underwriting strategies.
He joins QBE from the Chubb Group, where he spent 30 years in roles of increasing scope and responsibility. Most recently, Sordillo held the role of Global Technical Services manager, where he was accountable for property and casualty strategy; oversaw large-loss investigation and claims review; and directed worldwide divisional safety and security engineering services. In prior roles, he managed loss control operations for the entire U.S. East Coast as well as Canada and Latin America. He also led the team that developed technical guidelines used companywide to ensure profitable underwriting.
Sordillo holds a bachelor’s degree in civil engineering from Tufts University and an MBA degree from the University of Massachusetts. He is a Certified Safety Professional (CSP) and Registered Professional Engineer (PE), specializing in fire protection and structures.
Swiss Re Capital Markets Announces Leaders for Global ILS Positions
Judy Klugman and Jean-Louis Monnier will co-head Swiss Re’s global Insurance Linked Securities (ILS) business.
Judy Klugman will remain global head of ILS distribution and lead the ILS team in New York. Klugman has been with Swiss Re Capital Markets since 1999.
Jean-Louis Monnier will take on the role of global head of ILS structuring and lead the ILS team in London. Jean-Louis will also remain head of the Property and Casualty Structured Solutions regional teams in the UK and Africa. Monnier has been with Swiss Re Capital Markets since 2002.
Salter Leaves RSA to Lead XL Catlin Global Property Risk Engineering Unit
XL Catlin named Jonathan Salter head of Global Property Risk Engineering, also known as Global Asset Protection Services (GAPS). Based in London, and reporting to Michele Sansone, XL Catlin’s president, North America Property, Salter will lead XL Catlin’s property risk engineering services worldwide, beginning May 25.
Salter, who joins XL Catlin from RSA, has more than 19 years’ experience in the insurance industry. Previously, he helped establish RSA’s property risk engineering capabilities and co-founded and managed Elciem Ltd, a private property risk engineering firm.
Nikodem Joins Everest Insurance to Lead U.S. Property Division
Erik Nikodem joined Everest Insurance as leader of its U.S. Property division, according to an announcement by Everest Re Group, Ltd. This newly formed division brings together key property underwriting groups, including the Company’s excess & surplus lines property, retail property and inland marine businesses, under one unit. This enhanced alignment will promote a more efficient and coordinated effort among these business units and within the distribution community.
Nikoderm joined Everest Insurance from AIG, where he was most recently president and global property executive of their Americas Region, responsible for the leadership, strategic planning and profitability of AIG’s commercial and energy property businesses in the United States, Canada, Latin America and the Caribbean. Prior to joining AIG, Erik was a senior vice president with AON Benfield, Bermuda, overseeing the North American facultative reinsurance division.
Earlier in his career, he founded and was president of Cooper Gay Risk Services, a global independent wholesaler specializing in large property accounts. Nikoderm has also held successive underwriting, management and executive positions at both Lexington Insurance Company and the Continental Insurance Company.
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