Howden Australia Hires 3 from Marsh; Strategic Risk Solutions Appoints Schons in Luxembourg; Quinn Promoted at Liberty Specialty

These international People Moves include recent appointments at Howden Australia, which hired three people from Marsh; a new hire at Strategic Risk Solutions in Luxembourg and a promotion at Liberty Specialty Markets in London.

A summary of these new hires follows here.

Howden, the London-based international insurance broker, announced the appointment of Matt Bacon as CEO, Howden Australia, one of the newest entrants to the Australian broker market.

Matt Bacon

Bacon joins alongside Stuart McKellar, appointed head of Commercial & Affinity, and Nick Chubb, who has been appointed head of Financial Lines. All three appointments are effective from 22nd June 2021.

Bacon joins Howden from Marsh, where he was the CEO of the Mercer Marsh Benefits business for the Pacific region. Prior to this, he was the CEO of JLT’s People Risk consulting business for Australia and New Zealand.

McKellar joins Howden from Marsh, where he was previously deputy leader for Corporate, Commercial & Affinity, and Chubb also joins from Marsh, where he was previously deputy head of its Financial & Professional Services (FINPRO) practice.

Howden Australia, which launched on March 1, 2021, is focused on specialist industry and product segments such as financial lines, corporate risks, commercial and affinity, workers compensation, group risk and alternative risk transfer solutions.

David Howden, CEO, Howden Group Holdings, commented: “Australia has been a key strategic market for the group since we launched DUAL in 2004, and now the time is right for us to also enter the Australian market as a broker. We have already proven to be a magnet for the market’s leading entrepreneurial talent and we believe that Matt is the perfect leader for the broking business as we look forward to challenging the status quo and providing a dynamic choice for our people, our clients, and insurers.”

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Strategic Risk Solutions, the Concord, Mass.-based independent insurance company manager, announced that Maxime Schons has been appointed to the position of managing director, European Finance and Compliance, in the company’s office in Luxembourg.

Schons, who joins SRS on Sept. 1, 2021, will also serve on the executive committee of SRS Europe Operations and will be appointed to the SRS Europe board of directors.

Maxime Schons

Schons comes to SRS from Risk and Reinsurance Solutions SA (2RS), where for the past five years he has been chief operating officer. Joining 2RS in 2013, Schons held a variety of leadership roles and had responsibility for leading teams in all aspects of captive management, risk management, compliance and business development. He also ran mandates as licensed manager and/or director for a significant number of reinsurance captives in Luxembourg and France.

Prior to joining 2RS, Schons was financial controller for PayPal Europe, treasury manager at Eurowatt HQ, and a senior manager in Big4.

While Schons will be based in Luxembourg, his role has a pan-European focus, commented SRS President and CEO Brady Young. “We are seeing strong growth in Europe, both in new formations and takeovers, and the continued addition of senior personnel in our European domiciles is in response to the demand.”

With over 25 years’ experience, SRS provides management and consulting services to a wide range of insurance company structures, from single parent captives to complex commercial insurers and reinsurers. SRS has operations in the United States, Europe, Barbados, Bermuda, the Cayman Islands and South Africa.

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Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the promotion of Jennifer Quinn to underwriting manager, Strategic Assets, London, with immediate effect.

Jennifer Quinn

Quinn reports to Terry FitzGerald, head of FinPro Lines. She has oversight of the London Strategic Assets book of business, which covers cyber, intellectual property, and property GAP coverage. She is responsible for growing the cyber and strategic assets offering and building LSM’s market position, working with a team of underwriters in London.

Quinn joined LSM in 2019 as a senior underwriter in the Strategic Assets team. Prior to joining LSM, she spent 13 years in the London market, building her experience underwriting cyber, tech errors and omissions, and commercial professional indemnity.

Topics
Excess Surplus
Australia

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