People News

Michael Schulz, a veteran insurance expert, has been promoted to director of business development for the Tennessee Department of Commerce and Insurance (TDCI). In his new role, Mr. Schulz will focus on expanding the use of captive insurance as a risk management solution and attracting captives to Tennessee. Read More

AXA XL has promoted Al Baker to head of construction, UK and Lloyd's market, effective immediately. In his new role—which he has been carrying out on an interim basis since September 2021—he will be responsible for leading AXA XL's construction business for the UK and Lloyd's region. Read More

The Bermuda Monetary Authority (BMA) has appointed Ricardo Garcia as managing director of the authority. Mr. Garcia joined the BMA in 2013 and has held various positions. Most recently he was chief actuary, where he was responsible for providing actuarial advice throughout the organization and to the wider Bermuda insurance market. Read More

Guernsey Finance, the promotional agency for Guernsey's financial services industry, has appointed Jonathan Gamble as dedicated business development representative for the United States. Mr. Gamble is an independent consultant and nonexecutive director who works with a number of firms in the wealth management and fiduciary industry. Read More

The Reinsurance Association of America (RAA) elected Brian Young, president and CEO of Odyssey Group, chair of the RAA's board; Justin O'Keefe, senior vice president and chief underwriting officer for global property at RenaissanceRe, was elected vice-chair; and Jim Williamson, executive vice president, chief operating officer, and head of reinsurance for Everest Re Group, was elected secretary-treasurer. Read More