Arbol names senior adviser for reinsurance

Arbol names senior adviser for reinsurance | Insurance Business Canada

Reinsurance

Arbol names senior adviser for reinsurance

Key hire previously served as CEO for a property insurer

Reinsurance

By
Kenneth Araullo

Parametric risk transfer underwriter Arbol has announced the addition of Deanne Nixon (pictured above) to its team as senior adviser for reinsurance.

Prior to joining Arbol, Nixon was engaged as a consultant for Cincinnati Re. Her extensive career includes over eight years at property insurer Weston Insurance, initially as Chief underwriting officer and later as president and CEO.

Before her significant tenure as CEO of Weston, Nixon served nearly eight years with Sirius International in Bermuda, including as president of its Sirius Capital Markets division. She began her career at CNA Re and also worked at Folksamerica.

Nixon’s broad experience in international reinsurance, US coastal property insurance, and capital markets is poised to bring significant value to Arbol as it continues to expand its presence in the parametric insurance industry.

“We are thrilled to announce that Deanne Nixon has joined the Arbol team as Senior Adviser for Reinsurance,” Arbol said on LinkedIn. “With over 30 years of leadership experience in the industry, Deanne is exceptionally equipped to drive innovation and expansion in our reinsurance capabilities.”

Arbol also emphasized its commitment to the parametric reinsurance sector, with Nixon expected to play a critical role in enhancing its offerings.

“At Arbol, we are committed to advancing the parametric reinsurance space. Deanne will play a key role in strengthening our offerings, particularly our parametric named storm reinsurance product designed to fill crucial protection gaps,” the company said.

“I’m excited to join the Arbol team! I believe there is a strong future in the parametric reinsurance space and Arbol has been at the forefront of this field. I’m excited to work with the team to help grow and develop the portfolio as well as establish new products focusing on gaps in the reinsurance market,” Nixon said in her own LinkedIn post.

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