CRC Group has added two new professionals, with Gino Franco joining from Corvus in Denver and Luke Redd joining from CAC Specialty in Chicago.

(The Insurer) - German composite insurer Allianz has named the new CEO and CIO of Allianz Investment Management, the unit that steers Allianz’s investment strategy for insurance premiums earned by its entities.

At-Bay has dismissed an undisclosed number of staff, including a handful of underwriting positions and around a dozen back-office staff, as part of an efficiency drive, Cyber Risk Insurer can reveal.

Alliant Insurance Services has hired Bradley Cassidy, former director at Franklin Street, as vice president in its Americas division, based in Florida.

Parametrix Insurance co-founder and chief technology officer Neta Rozy has stepped away from her role at the cyber modelling firm and MGA.

PIB Group-backed MGA Acquinex’s head of transactional risks Paul Smith has resigned, together with an estimated 20+ person warranty and indemnity (W&I) insurance team, to join Howden’s MGA arm Dual, The Insurer can reveal.

Berkshire Hathaway Specialty Insurance has appointed Bertrand Le Gall as head of casualty in France.

Specialist construction MGA Phoenix Specialty has named Andrew Charlton managing director, succeeding Tim James who will transition to the role of CEO of Phoenix Global.

Alternative risk transfer-focused MGU SRS Altitude has announced its expansion into the North American market with the addition of Milan Pavlik, Amazon's former captive director.

Japanese insurer Tokio Marine Holdings has chosen Masahiro Koike as its new CEO to succeed Satoru Komiya following his appointment as chairman.

Africa Specialty Risks has appointed Genevieve Ahinful and Suzan Pardesi as deputy active underwriters of Syndicate 2454.

Reinsurance intermediary Lockton Re has made two senior hires for its international P&C division.

CFC’s USA chief executive Shannon Groeber has left the company in a move that brings her near five-year stint with the London-based MGA to an end, Cyber Risk Insurer can reveal.

San Francisco-based insurtech Coalition has appointed former Falcon Risk Services executive David Lynders as its new head of insurance, succeeding Shawn Ram, who is transitioning to the role of chief revenue officer.

Northern Reinsurance has hired Amin Touahri, formerly the managing director, head of specialty reinsurance at Munich Re's Hartford Steam Boiler, to advance the company's initiatives in ILS, capital solutions, and deal origination.