This week in Insurance: Firms hunt for key executives to expand new-age capabilities

US insurance firm Unum to expand Carlow operation with 50 new jobs.
This will help the company enter the next phase of its expansion and exceed the original target of employing 200 people locally in Ireland. Read More>>

Zurich Insurance nears $4B deal for MetLife unit.
 The deal, executed through its Farmers Group Inc subsidiary, would expand Zurich Insurance’s P&C business as the industry grapples with the fallout from the COVID-19 pandemic.  Read More>>

Liberty Insurance names new CEO as Tom McIlduff moves to AA Ireland. 
Juan Miguel Estallo will oversee the company’s operation in the west European market, including Ireland, Northern Ireland, Spain, and Portugal. Read More>>

RSA forms partnership with Insurtech Superscript. 
It is aiming to offer a host of businesses flexible, subscription-based insurance, underwritten by RSA.  Read More>>

AmBank to equip EzAuto dealers with SME-In-A-Box.
The deal will equip the latter’s 4,325 dealers with “SME-in-a-Box,” which offers comprehensive financial, connectivity, and digital solutions for SMEs.  Read More>>

Swiss Re unit hires Allianz exec for global Risk Engineering post.
Baacke will be responsible for leading a global team of experts that provides risk knowledge, data insights, tools, and services to their customers. Read More>>

Barbara A. Turner next president and CEO of Ohio National Financial Services.
Turner’s new position is effective January 1, 2021, following the retirement of Gary T. “Doc” Huffman, CLU, ChFC, chairman and chief executive officer. Read More>>

Lauren Finnis to lead Customer & Broker Engagement at Berkshire Hathaway Specialty Insurance.
Before joining BHSI, she held various roles focused on broker relationship management and global property underwriting. Read More>>

Esure revamps management team with two new appointments 
Andy Burton as Chief Technology Officer and Justin Cockerill as Chief Commercial Officer. The new hires will support the business with its digital transformation journey. Read More>>

Sompo Int. adds AXA XL’s Paul Shedden to the insurance executive leadership team.
In his new role, Shedden will be based in London and will report to Chris Gallagher, Chief Executive Officer (CEO), Sompo International Commercial P&C.  Read More>>

Aon Hires Marsh’s O’Donnell as Client Director in PFI and Infrastructure Team.
 O’Donnell brings more than 30 years of insurance experience to the team, having held roles as both an underwriter and broker. Read More>>

Aegon Asset Management appoints head of client strategy.
In the newly created role for the business, Gottschalch will lead a team of eight professionals supporting the sales processes for real assets strategies. Read More>>

Virgin Money appoints experienced bank player as Chief Financial Officer.
Clifford Abrahams will join the Glasgow-based banking group in March 2021, subject to regulatory approval, succeeding Enda Johnson, who is currently interim group CFO. Read More>>

Prudential hiring up to 500 consultants next year
This Includes around 200 mid-career individuals selected for a new talent management program. Read More>>
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