People
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The hire comes as other challenger brokers have added ILW experts, including Price Forbes and Lockton Re.
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The former Alterra Global Reinsurance CEO will be responsible for establishing the new hub for the reinsurance broker.
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It’s been a year of high turnover in general, but the ILS low-cost operating model can become a disadvantage in managing through such disruption.
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Masojada will retire at the end of this year after 21 years and be replaced by Hussain at the beginning of 2022.
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Craig Swan will become CEO of the monetary authority, after working as deputy CEO for 21 months.
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The broker must ensure it is “leaving no stone unturned” in its search for capital, according to president and CEO of North America Pete Chandler.
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The executive has worked at Miller, PWS and Newman, Martin and Buchan.
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The new team will focus on risk transfer products to help accelerate and de-risk the move towards a low carbon economy.
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The portfolio manager had been with the firm since 2018, with incoming CUO Adam Szakmary expected to take up his responsibilities.
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After their appointments, Ari Moskowitz and Peter Bell will report to Jim Williamson, Everest Re group COO and head of reinsurance.
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Ian Hanson spent eight years at Willis Re in Tampa and Minneapolis.
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He will oversee the company’s internal and external communications around ESG issues, as well as diversity and inclusivity initiatives.