S&P Capital IQ Power Moves

WRM America Holdings announced that, effective immediately, William Malloy has been named president, and will be responsible for the management of WRM America and its subsidiary companies.

Malloy has extensive management experience in the insurance industry as both an underwriter and a broker.

Wells Fargo Insurance has named Michael B. Murray senior vice president and managing director for its Charlotte, N.C. operations, as well as operations in Winston Salem, N.C. and Greenville and Columbia, S.C. He will be based in Charlotte, N.C.

In his role, Murray will be responsible for overseeing insurance sales and operations within the region, reporting to John Meehan, regional managing director for Wells Fargo Insurance’s Mid-Atlantic region.

Murray most recently led service and risk management initiatives for Wells Fargo Insurance in Charlotte. Previously, he served in various capacities, including client executive, operations officer, account executive team leader and marketing manager since he joined the organization in 1998. Prior to joining Wells Fargo Insurance, he served as a broking executive and large lines account executive for Sedgwick of the Carolinas, managing customer relationships both locally and internationally. He also worked as a senior underwriter for St. Paul Insurance Company and Home Insurance Company. -Business Wire

Wells Fargo Insurance has also named Suzanne O’Keefe senior vice president and managing director for its Raleigh N.C., Greensboro, N.C. and Charleston, S.C. offices. She will be based in Raleigh, N.C. O’Keefe will be responsible for overseeing insurance sales and operations within the region. She will report to Meehan.

O’Keefe most recently served as the managing director for the Raleigh and Greensboro, N.C. offices, in addition to serving as the regional business development officer, where she was responsible for internal cross-sell opportunities. She joined Wells Fargo Insurance in 2002 as business insurance center manager and has held a variety of sales and business development positions within Wells Fargo Insurance. Prior to Wells Fargo, she served as the select insurance division manager for Cameron M Harris & Co., and the small business and personal lines sales and service manager for Centura Bank. -Business Wire

Genworth Financial announced that it has named U.S. Mortgage Insurance president and chief executive officer (CEO) Kevin Schneider as president and CEO of its recently formed global mortgage insurance division, effective immediately. In this capacity, Schneider also has been named an executive vice president of the company.

U.S. Mortgage Insurance chief commercial officer Rohit Gupta will succeed Schneider as president and CEO of U.S. Mortgage Insurance (USMI).

Prior to joining Genworth, Schneider held various leadership positions at GE Capital, GATX Corp, and Ryder System.

Gupta, 37, joined Genworth in 2003, bringing deep strategic, analytic, and commercial skills from previous leadership roles at General Electric and FedEx. -PR Newswire

Endurance Specialty Holdings announced that chief executive officer David Cash will be assuming the position of president of the company.

Cash replaces William M. Jewett.

Ron Joelson, current chief investment officer of Genworth Financial, will join The Northwestern Mutual Life Insurance Company on June 4, 2012 and succeed Mark Doll as the company’s next chief investment officer.

Doll will retire on June 30, 2012. -PR Newswire

Genworth Financial Inc. has named Daniel J. Sheehan IV as the company’s senior vice president and chief investment officer effective April 30, 2012, reporting to Michael D. Fraizer, chairman and chief executive officer.

Sheehan has been with Genworth since its initial public offering in 2004 and prior to that with its former parent General Electric Company since 1997.

During that period, he held various roles throughout the investment organization, including real estate, risk, and portfolio management.

In his most recent position as senior vice president of asset management, he was responsible for the overall performance of Genworth’s insurance investment portfolios, including corporates, structured investments, real estate, private placements, and trading. Sheehan was named a Genworth officer in January 2009.

He assumes the senior vice president and chief investment officer role from Ronald P. Joelson, who is leaving Genworth to join The Northwestern Mutual Life Insurance Company as chief investment officer. -PR Newswire

Hastings Mutual Insurance Co. announced that Joseph J. Babiak Jr. will succeed Bill Wallace as chief executive officer and president, effective July 27, 2012.

Wallace is serving as the chief operations officer until the beginning of his new appointment. During the past three years, he has served as the senior vice president of insurance operations. He joined Hastings Mutual as chief financial officer in 2001 and has more than 30 years of industry experience. -Market Wire

Alterra Capital Holdings announced that Adam Mullan has been appointed chief executive officer of global reinsurance and Thomas C. (Tom) Wafer has been appointed chairman of global reinsurance.

Mullan will continue in his role as chief executive officer of Alterra at Lloyd’s, which already includes oversight of Alterra’s Latin American reinsurance operations. He has been with Alterra since 2000, most recently serving as chief executive officer of Alterra at Lloyd’s.

Wafer has more than thirty years of reinsurance industry experience, most recently serving as chief executive officer, reinsurance of Alterra and president of Alterra Reinsurance USA.

Additional promotions within Alterra’s reinsurance leadership team include Jed Rhoads to president and chief underwriting officer of Bermuda reinsurance and David Kalainoff to president and chief underwriting officer of US reinsurance.

Rhoads and Kalainoff will continue in their roles as global practice group Leaders for property catastrophe reinsurance and casualty reinsurance, respectively.

Rhoads has more than thirty years of reinsurance industry experience, joining Alterra in 2002 and most recently serving as executive vice president and chief underwriting officer, reinsurance of Alterra Bermuda.

Kalainoff has been with Alterra since 2002. Before accepting the role of chief underwriting officer at Alterra Reinsurance USA in 2010, David was chief underwriting officer of Alterra Bermuda. -Business Wire

Prudential Financial announced it has named two long-time executives to lead the company’s group insurance and annuities businesses.

Stephen Pelletier, who is currently president of Prudential Annuities, will become president of the group insurance business, replacing Lori High. Robert O’Donnell, currently senior vice president, head of product, investment management and marketing for Prudential Annuities, will become president of the annuities business. -Business Wire

The Schinnerer Group, the parent company of leading managing general underwriter Victor O. Schinnerer and Canadian managing general agent ENCON, has named Robert D. Byler as its CEO.

In his new role, which is effective May 21, Byler will be responsible for driving innovation and growth at both Victor O. Schinnerer and ENCON, with a primary focus on U.S. program business.

Byler brings to Schinnerer more than 30 years of program experience both in the admitted and non-admitted markets. He currently is president of program business for QBE North America in New York. Before joining QBE in 2010, he was president and CEO of Amtrust Underwriters. He began his career at General Reinsurance Corporation. -Business Wire

SunAmerica Financial Group announced that Stephen Maginn has been named president of the new SunAmerica Financial Group Distributors.

Mary Jane Fortin has been appointed chief financial officer of SunAmerica Financial after serving since 2009 as president and CEO of American General Life Companies. -RTTNews

Deseret Management Corporation announced the appointment of Keith B. McMullin as incoming CEO. He succeeds Mark Willes.

McMullin served as a member of DMC’s board of directors for more than 15 years and was involved in shaping DMC’s strategies as a member of the board, and its management committee. He brings more than three decades of experience in building international relationships. -PR Newswire

Willis Group Holdings Public Company has appointed Yoshihide ‘Dean’ Enomoto as president and CEO of its retail brokerage business in Japan. He is based in Willis’ Tokyo office.

Enomoto joins from a 14-year career at Aon where he was chairman of Aon Japan and managing director of Aon Global Japan, after running Aon’s Japan Group in Chicago.

In addition to Enomoto’s appointment, Willis announced that Shinichiro ‘Sebastian’ Sekine, former branch manager of Aon’s Osaka office, has joined Willis to lead the new office and to spearhead the development of Willis’ relationships in the Kansai region which includes Osaka, and nearby Kobe and Kyoto.

As part of the management change, former Willis Japan retail CEO Takeshi Kai has taken on a new position as director and deputy CEO of Willis’ Japanese reinsurance operation. Kai will be working closely with the CEO of Willis Re Japan, James Beedle. -Business Wire

USAA has promoted Jeff Nordstrom to president of USAA Life Insurance Company and USAA Life Insurance Company of New York.

Nordstrom will be responsible for overseeing all of USAA’s life insurance functions. He succeeds J. Eric Smith.

Nordstrom, who joined USAA in 2000, moves into the presidency from his post as chief actuary and chief risk officer. Prior to joining USAA, he served in various roles at Allstate Life Insurance Co. -BestWire

On March 20, 2012, Everest Re Group announced the appointment of Craig Howie to the position of executive vice president, effective March 26, 2012, and subsequently, will assume the role of chief financial officer, replacing Dominic Addesso, who was promoted to president.

Howie had been with Munich Re America since 1989, where he held the position of vice president and controller since 2005. Prior to joining Munich Re America, he had been with Ernst & Young. -SEC Form 8k

Symetra Life Insurance Company has added veteran medical stop-loss insurance professionals Judy VerPlanck-Elliott and David Guy to cultivate new and support ongoing relationships with third-party administrators (TPAs).

VerPlanck-Elliott and Guy will advance the company’s strategy of expanding its stop-loss distribution network and managed care capabilities.

VerPlanck-Elliott joins Symetra following an 18-year career at R.E. Moulton, the former underwriting affiliate of American United Life Insurance Company, where she most recently served as vice president of claims.

Guy was producer and vendor relationship manager at R.E. Moulton, where he was responsible for providing sales and service support to TPA partners. -Business Wire

On March 15, 2012, AAA Public Adjusting Group appointed Alonzo Pierce as chief executive officer, president and director of the company. Todd Waggoner was appointed treasurer and chief financial officer.

Pierce served as executive director for Big Cat foundation, a non-profit organization. He also served as a private banker with Star Bank in Cincinnati Ohio.

Waggoner leads Emperial Americas financial and accounting operations on a global basis. Before joining Emperial Americas, he was the chief financial officer and treasurer for CK Home Products, a position he held since 2008. -SEC Form 8k

Massachusetts Mutual Life Insurance Co. announced that Norm Smith, senior vice president, has now been appointed to lead MassMutual’s U.S. insurance group finance division, reporting to Michael Fanning, executive vice president, U.S. insurance group, MassMutual.

Smith is responsible for the financial management activities for the company’s insurance business, including financial planning and analysis, competitive analysis, expense management and oversight for key elements of the internal control environment.

Smith joined MassMutual in 2000 and led the finance function for MassMutual’s disability income insurance business for four years before moving into the role of corporate controller in 2004. -M2 Presswire

Pacific Life Insurance Company has named its chief financial officer and chief investment officer, Khanh T. Tran, as its new president, starting April 1, 2012.

Khanh succeeds James T. Morris, who will remain chairman and CEO.

As president, Tran will continue to oversee financial, strategic planning, investments, and Pacific Life’s noninsurance businesses, including Aviation Capital Group, Pacific Global Advisors, and Pacific Asset Management. He was also elected to the boards for both parent companies of Pacific Life.

Tran joined Pacific Life in 1990 as treasurer and in 1995 was named vice president of corporate development and treasurer to reflect additional responsibilities in mergers, acquisitions, and strategic new businesses. He was named to the board of directors of Pacific Life and promoted to CFO in 1996. Last year, he also was named to the chief investment officer post.

Adrian S. Griggs will succeed Tran as CFO, and serve as executive vice president.

Griggs joined Pacific Life in 1994 as an assistant vice president coordinating the financial reporting and planning for Pacific Life’s institutional products. In 1999, he joined the retirement solutions division as vice president, overseeing the financial, budgeting, planning, and compliance operations for the company’s annuities and mutual funds. He was promoted to senior vice president in 2008 and in 2009, oversaw the division’s institutional and structured products and risk management departments. -BestWire