StarStone Team has manufactured even additional enhancements up ideal, scarcely six months looking at the simple fact that staff principal government John Hendrickson was tapped to just get the helm at the around the globe specialty insurance plan organization.
In the beginning of all, president Chris Rash will establish into deputy team CEO as correctly as main govt of StarStone World. The RSA veteran and previous MS Amlin team principal financial officer arrived onboard StarStone in August 2018 as govt chairman in advance of acquiring on the freshly produced put of president past Oct.
Succeeding Rash as president is Dick Sanford, who offers three and a fifty % a extensive time of sector come across and will oversee the group’s entire world-huge underwriting and reinsurance technique. Beforehand the chairman & president of PartnerRe US, Sandford started his occupation in 1984 as an AIG casualty underwriter.
In the meantime Ed Noonan, who was chair & CEO of Validus Workforce from 2005 to 2018, has been named as StarStone chairman. Noonan joined Swiss Re in 1979 and moved to American Re in 1983.
“This is a pivotal moment for StarStone,” commented Hendrickson. “As we reposition StarStone to supply rewarding progression, Ed and Dick deliver a prosperity of knowing.
“Their respective contribution, collectively with Chris’s affordable and operational know-how, will create priceless as we go on to current vastly expert, bespoke specialty strategies to our prospects, domestically and globally.”
Owned by Enstar Workforce Negligible – the Trident V funds managed by Stone Stage Hard cash LLC and Dowling Income Companions I, L.P. – StarStone has features in London, Continental Europe, and the US. It underwrites organization through the home, specialty, and casualty possibility courses.
“The come across that Ed and Dick supply to StarStone is significant,” documented Enstar and Stone Situation in a joint assertion. “Their appointments clearly show our collective economic motivation and determination in knowing StarStone’s ambitions, and we are incredibly happy to welcome them to the staff.”