People News: RMS, Nautilus, AIG

RMS Appoints Silicon Valley Executive as CEO

Global catastrophe risk modelling and analytics company, RMS, announced the appointment of Karen White as its new chief executive officer, replacing current CEO and co-founder Hemant Shah.

White has served for more than 25 years as an executive and investor. She has significant experience bringing technology, innovation, data and operations together to build and scale businesses.

White started her career in Silicon Valley in 1993 as a senior executive at Oracle reporting to CEO Larry Ellison. Most recently, White held senior executive positions at SolarWinds, Syncplicity and Addepar.

RMS was co-founded as a spin out from an academic project at Stanford University. The company has reported revenues of more than $300m.

Nautilus Insurance Group Appoints Joyce to SVP, CUO

Nautilus Insurance Group, a Berkley company, announced the appointment of Thomas Joyce as senior vice president, chief underwriting officer. Joyce has served as senior vice president, chief claims officer since joining Nautilus in 2015, and has made significant contributions.

Joyce has more than 30 years of experience in the Excess & Surplus Lines insurance industry with significant expertise in leading claims organizations and business strategy. Prior to Nautilus, he worked as a Claims leader at a Fortune 100 insurance carrier.

Joyce holds a number of professional designations, including an Associate in Surplus Lines Insurance and an Associate in Claim Law.

Joel Lasky, vice president, Claims, will succeed Joyce in the role of chief claims officer. Lasky joined Nautilus as a claims vice president in 2016. Lasky holds CPCU, ASLI and RPLU designations.

AIG Names Mouri EVP and Chief Auditor, Demaio Global COO, General Insurance

American International Group, Inc. announced the appointments of Naohiro Mouri as executive vice president and chief auditor, and Donna DeMaio as global chief operating officer, General Insurance, subject to regulatory approval. Mouri and DeMaio previously served as senior managing director of Asia Pacific Internal Audit and chief auditor at AIG, respectively.

Both appointments are effective March 15, 2018 and the roles are based in New York.

Mouri joined AIG in 2015 and currently serves as a member of the Internal Audit Group leadership team. He is also senior vice chairman of the Institute of Internal Auditors (IIA) Global Board of Directors, and will become chairman in May, 2018. He was previously statutory executive officer, senior vice president and chief auditor for MetLife Japan and has also held chief auditor positions at JP Morgan for Asia Pacific, Shinsei Bank, Morgan Stanley Japan and Deutsche Bank Japan.

Mouri will report directly to the Audit Committee of the AIG Board of Directors, and administratively to Brian Duperreault, AIG’s president and chief executive officer, as a member of AIG’s Executive Leadership Team. DeMaio will report to Peter Zaffino, chief executive officer, General Insurance, and will be a member of the General Insurance Executive Leadership Team.

Prior to her role as chief auditor, DeMaio served as president and CEO of United Guaranty Corporation (UGC) while it was a subsidiary of AIG. She was previously CEO of MetLife Bank following her tenure as the bank’s chief financial officer. Earlier in her career, she was a partner with PricewaterhouseCoopers in the Financial Services Practice and National Office.

DeMaio will be responsible for improving operational processes, driving the technology strategy and leading project management across the global General Insurance business. In addition, she will lead the business’s shared services, procurement and real estate functions.