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Tokio Marine HCC Names Susan Rivera as Next Chief Executive Officer
Texas-based Tokio Marine HCC appointed Susan Rivera as its next chief executive Officer effective September 1, 2018, replacing Christopher J.B. Williams, the Company’s current chief executive officer, as he transitions into a new role as managing executive officer and co-head of International Business for Tokio Marine Holdings, Inc.
Rivera has served as Tokio Marine HCC’s executive vice president and chief operating officer since April 1, 2018. From 2014 to 2015, she served as an independent director on the Company’s Board of Directors and served on the Audit Committee, the Compensation Committee and the Enterprise Risk Oversight Committee.
From 2009 until earlier this year, she served as president and chief executive officer of V3 Insurance Partners LLC. From 2007 to 2009, she was president of QBE Specialty and Chief Actuary of the Americas division of QBE Insurance Group Limited. Previously, Rivera was president and chief underwriting officer of Praetorian Insurance Company from 2006 until its acquisition by QBE in 2007. Prior to 2006, she spent 15 years at AIG, holding a variety of positions of increasing responsibility.
McElroy to Join AIG as CEO of Lexington Insurance Company
American International Group, Inc. announced that David H. McElroy will join the company as chief executive officer of Lexington Insurance Company at a date to be determined.
McElroy will lead Lexington Insurance Company and report to Peter Zaffino, chief executive officer, General Insurance. He will serve as a member of the General Insurance Executive Leadership Team and will oversee all aspects of Lexington’s business, the largest Excess and Surplus underwriter in the United States. General Insurance’s program business in the U.S. will also report to McElroy, which includes a range of niche markets written on both admitted and non-admitted bases supported by program administrators with market-leading infrastructure and underwriting expertise.
Over the course of his career, he has held numerous leadership roles within the insurance industry, including executive chairman of Arch Insurance Group Inc. and vice chairman of Arch Worldwide Insurance Group. Previously, he served as chairman and chief executive officer of Arch Worldwide Insurance Group, an executive position of Arch Capital Group, Ltd. (ACGL).
Earlier in his career, McElroy held roles at The Hartford Financial Services Corporation, Reliance National and Chubb.
Ontellus Appoints Klauser Chief Executive Officer
Ontellus, a nationwide data retrieval and analytics technology company appointed Darren Klauser as its news chief executive officer, effective August 1, 2018.
Former Ontellus CEO Newton Ross has served in the capacity of CEO since 2010. Moving forward, Ross will remain an integral part of the Ontellus Executive team, transitioning into the role of president.
As the former General Manager of the Americas Insurance Division of DXC Technology, a Fortune 500 end-to-end IT services company, Klauser is well equipped to take Ontellus into the next era of automation and data intelligence in the insurance industry.