Talent
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The executive, a key lieutenant of group COO Peter Zaffino, is the first of the Duperreault-era management team to leave.
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Warren Berkstresser will focus on US property treaty and specialty programs and open and run the broker’s new Seattle office.
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The broker specialises in North American P&C and transportation risks on a facultative and binding authority basis.
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Karen Clark & Company models have helped revolutionise catastrophe risk management, laying the foundations for ILS capital to enter the market.
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The major ILS investor is pursuing more direct partnerships, PGGM senior investment director Eveline Takken-Somers told this publication.
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Lohmann will move into the newly created role of chairman.
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The executive joins from Axa XL to take up the newly created role.
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The move follows the departures of Validus Re CEO Jeff Clements and head of US property underwriting Chris Silvester.
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Ghosh will work closely with CEO Ken Pierce to develop the two-year-old platform.
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The new board composition is seen as a catalyst for the future growth of the group.
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The exit follows an investigation into “workplace communications” reportedly stemming from a complaint within QBE North America.
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People moves in the ILS marketplace.