| Week of February 8, 2010 |
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San Diego-based Barney & Barney L.L.C. has promoted three people to principals of the brokerage. They are:
 Catherine Botello in San Diego. Previously, she was a client executive for the employee benefits unit.
 Steve Shea in San Diego. Most recently, he was a client executive in the commercial unit.
 Marc Pannier in Aliso Viejo, Calif. Previously, he was director of client services.
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Kansas City, Mo.-based Lockton Cos. L.L.C. has named Lisa Humphrey as vp of its international practice in Chicago. Previously, she was an account executive for Aon Corp.
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Basel, Switzerland-based broker U.S. RE ApS, the European unit of U.S. RE Corp., has named Ruslana Strunden and Henrik Skafte as vps. Previously, Ms. Strunden was accountable actuary, non-life, run-off manager for Alea Europe A.G. Most recently, Mr. Skafte was an assistant vp for U.S. RE.
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| Insurers: |
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ACE Westchester, the U.S. property/casualty unit of ACE Group of Cos., has promoted Bruce Kessler to president of casualty and specialty lines, based in Atlanta. Most recently, he was executive vp and chief underwriting officer of insurance, North America.
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Martin Zingg will join Hamilton, Bermuda-based Catlin Group Ltd. as chief investment officer, effective Mar. 1, and will based in Zurich. Most recently, he was managing director of asset management and head of private equity for Swiss Reinsurance Co. Ltd.
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New York-based American International Group Inc. has named Thomas Russo as executive vp of legal, compliance, regulatory affairs and government affairs and general counsel. Previously, he was senior counsel at Patton Boggs L.L.P.
Additionally, AIG promoted Paulette Mullings Bradnock to senior vp and director of internal audit. Previously, she was deputy director and chief of staff for the internal audit division.
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| Other Providers: |
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K. Patrick Armstrong has joined New York-based insurance staffing and outsourcing provider ReSource Pro L.L.C. as business process consultant, based in Dayton, Ohio. Previously, he was vp and principal of L.V. Toole Insurance Agency Inc.
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Tammy Mattson has joined Aon Consulting, a unit of Chicago-based Aon Corp., as executive vp and director of the Northeast region, based in Radnor, Pa. Previously, she was managing principal and Philadelphia market leader for Towers Perrin, which is now Towers Watson & Co.
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| « Week of February 1, 2010
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NAME: Gabriel Lugo
NEW JOB TITLE: Dallas-based president of Taylor Risk Consulting, a risk management division of London-based Charles Taylor Consulting P.L.C.
PREVIOUS POSITION: Dallas-based senior vp for Taylor Risk Consulting’s U.S. risk management business
GOALS FOR NEW POSITION: We are going to try to improve communicating the services that are available through Taylor Risk Consulting and the Charles Taylor Group as a whole. I believe we have a lot to offer. We need to get the word out to make sure the markets understand what we can provide.
CHALLENGES FACING THE INDUSTRY: In three words: McCarran-Ferguson Act. State regulations worked well when the industry was a local business, but frankly, it hasn’t been a local business for decades. Insurance and reinsurance has been international for some time, but the regulations haven’t kept up with that. Which state has the responsibility, for example, of insurance sold over the Internet? The industry and the regulations aren’t set up to handle that sort of a challenge. Otherwise, you are going to have 50 states all joined to do the same thing. It will be too costly and too limited to provide protection to the insurance buyer.
FIRST EXPERIENCE IN THE INDUSTRY JOB MARKET: I started as a risk manager for an oil and gas operation in Houston.
ADVICE: Learn like you are training for the Olympics not knowing what sport you will compete in. It’s possible that in the next few years you could be working in a job that doesn’t yet exist. Another piece of advice is to learn to control the things you can control and don’t sweat the small stuff.
OUTSIDE THE INDUSTRY, A DREAM JOB: It may sound kind of strange, but I would love to be a process engineer or a futurist. As a process engineer, I would like to see things develop. As a futurist, I would love to imagine where we are going to be in the next 20 years.
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