Talent
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The co-founder had moved from the CEO role to chief investment officer last April.
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Lloyd's was at “a pivotal moment” in its history, said CEO John Neal. -
Marvin Pestcoe replaces Craig Fowler who was appointed CEO of the start-up in March.
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Martin Vezina had held the chief underwriting role at the Axa XL ILS platform since 2015.
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He moves across from the broker’s former securities division.
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The broker also announced a new life practice group.
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Brendan Roche is responsible for collateralised platforms, captives and capital market reinsurance opportunities sponsored by MMC.
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The board of Bermuda-based Markel Catco’s listed fund will review arrangements as the transition takes place following the founding CEO’s departure.
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Belisle and Fredricks depart after Markel discovered what it termed “an undisclosed personal relationship”.
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People moves in the industry in the past month.
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The insurer’s active underwriter has been named group deputy CUO.
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James Mackay had recently worked raising funds for Beazley’s SmartTracker facilities syndicate.
