This edition of International People Moves details the appointments of Cowbell Cyber and Allianz Commercial.
A summary of these new hires follows here.
Cowbell names CNA’s Bilbao as UK Underwriting Director
Cowbellthe Pleasanton, Calif.-based provider of cyber insurance for small- and medium-sized enterprises (SMEs), announced that it is strengthening its underwriting capabilities with new additions to its UK and US teams. Claud Bilbao joined as UK underwriting director, reporting to Simon Hughesgeneral manager for UK operations.
most recently served as senior underwriter at CNA, responsible for running the firm’s London Specialty Cyber and Technology portfolios and Lloyd’s platforms. He played a key role in the successful development and implementation of CNA’s strategy in London. Bilbao was previously a US technology and cyber underwriter at CFC Underwriting, where he focused on US West Coast and Silicon Valley technology startups and SMEs.
This new hire follows Cowbell’s recent opening of a new technology center in Pune, India, and announcement of Simon Hughes as general manager to lead UK operations.
Cowbell’s continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue in less than five minutes. Cowbell is backed by 20 prominent leading global re/insurance partners and serves SMEs in all 50 US states and the District of Columbia. Founded in 2019, Cowbell has employees across the US, Canada, India, and the UK
Allianz Commercial Promotes Execs in Iberia, Latin America
Allianz Commercial announced the managing directors who will lead its business in two important regions: Iberia and Latin America.
Augustine of the Rope appointed as commercial managing director for Iberia, and David Colmenares Spence named commercial managing director for Latin America.
Each managing director will represent the integrated Allianz Commercial insurance business in all countries of their region and bring to market the entire set of Allianz solutions for specialty clients, large corporations and mid-sized companies, simplifying and enhancing the experience of clients and distribution partners.
de la Cuerda has many years of leadership and technical experience in insurance throughout Iberia and Latin America, including being the chief operating officer of Allianz Seguros (Spain) and Allianz Portugal, and since 2021 as deputy general manager and commercial chief underwriting officer (CUO) of Allianz Seguros (Spain). He will manage the Allianz Commercial business across Spain and Portugal, reporting to Veit StutzCEO of Allianz Spain, together with Henning HaagenAllianz Global Corporate & Specialty SE (AGCS) board member and chief regions & markets officer whose responsibility includes this region.
David Colmenares Spence has been CEO of Allianz Colombia since 2017, before he worked as chief claims officer and chief executive officer of insurance companies such as AIG, ACE (Chubb), Zurich and brokers including Marsh in Latin America and Asia Pacific.
He will continue as CEO of Allianz Colombia until further notice, pending the confirmation of his replacement. Allianz serves clients throughout Latin America through its businesses in Argentina, Brazil, Colombia and Mexico and for multinational insurance programs through network partners in other countries. Colmenares will manage the Allianz Commercial business across the region, reporting to javier bernatCEO Allianz Latin America in conjunction with Tracy Ryanboard member of AGCS and chief regions & markets officer for the Americas.
Allianz announced on March 10, 2023 that it will serve the global commercial insurance segment as a go-to-market business, using the new trade name Allianz Commercial, combining the AGCS business that serves of large corporate and specialist clients with insurance businesses in Allianz’s operating entities serving mid-sized country-based accounts.
These appointments and responsibilities are effective immediately, subject to regulatory approval as required.
Underwriting Commercial Lines
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