Promotions: Executives on the Rock

March 17, 2010

Scroll down for a wrap up of promotions in various Bermudian businesses including ACE, Allied World, Ariel Holdings, Bermuda Hospitals Board, Bermuda Insurance Development Council, Conyers Dill & Pearman and Primus Guaranty Ltd.

ACE Bermuda
ACE Bermuda has appointed Jeffrey Jabon as the senior vice president of the company’s Professional Lines department. Prior to joining ACE Bermuda, Mr. Jabon has acted as a management consultant to the New York, Boston, and Bermuda insurance industry. He earned his Bachelor’s degree from Cornell University and his Graduate Degrees from the University of Notre Dame and the London School of Economics.

Allied World
At Allied World Assurance Company Holdings Ltd, Tracey Gibbons was promoted from Vice President, Casualty Treaty Reinsurance to Senior Vice President, Specialty Reinsurance. Marchelle Lewis was promoted from Vice President, Treasurer to Senior Vice President, Treasurer.

Ariel Holdings
Ariel Holdings Ltd.’s CEO Don Kramer stepped down and was replaced by new CEO George Rivaz. Mr. Rivaz has been with the Company since its formation in December 2005, serving initially as Co-President and, since early 2008, as President. He also serves as non-executive Chairman of Ariel Reinsurance Limited and Atrium Underwriting Group, the Company’s two principal operating subsidiaries.

Bermuda Hospitals Board
Bermuda Hospitals Board announced the appointment of Mr R. Scott Pearman as its new Chief Business Development Officer, effective 1 April 2010. Mr Pearman has worked at Bermuda Hospitals Board for over fourteen years, joining in January, 1996 as Employee Labour Relations Manager. He has a BA in Economics from the University of Rhode Island and a Masters of Labour Relations & Human Resources from Michigan State University.

Bermuda Insurance Development Council
Allison Towlson, Senior Vice-President, Regional Executive for Ace Bermuda is the chairman of the Bermuda Insurance Development Council [IDC]. She replaces Roger Gillett who retired after 14 years in the voluntary role.

Conyers Dill & Pearman
Conyers Dill & Pearman announced the return of Bermudian lawyer Brian Holdipp following a two year secondment to the firm’s Singapore office. Mr. Holdipp, a Bermudian, has LLB from the University of Kent, completed the Legal Practice Course at the College of Law in 1997 and was admitted to the Bermuda Bar in 1998.

Primus Guaranty Ltd
Primus announced that Robert R. Lusardi, a long-time Primus Guaranty board member, has joined the Company as senior advisor to accelerate the development and launch of a new credit protection business. Mr. Lusardi was previously a senior executive with White Mountains Insurance Group, Ltd. from 2005 to 2010 and with XL Capital Ltd. from 1998 to 2005. From 1980 until 1998, he was at Lehman Brothers where he served as a managing director and headed the insurance and asset management investment banking practices.

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