Swiss Re Corporate Solutions appoints Michael LaRocca as Head Property & Specialty Lines North America, effective November 7, 2018. In this role, Mr. LaRocca will be responsible for managing the strategy, development and performance of the company's Property & Specialty Lines portfolio.
Based in New York, he will oversee the General Property, Energy Property, Excess & Surplus Property, Engineering & Construction, General Aviation and Marine teams throughout the US and Canada.
"With Michael's appointment, we gain a leader with a strong track record in the commercial insurance industry to oversee our North American Property & Specialty Lines business and continue to provide clients and brokers with the knowledge, coverage and service they have come to expect," states Ivan Gonzalez, CEO North America, Swiss Re Corporate Solutions. "Michael's experience and expertise will also help us advance our strategic aspirations, in particular, developing our international programs to serve mid-sized and large companies headquartered in the US and Canada."
An industry veteran, Mr. LaRocca brings twenty-five years of experience to this role. He has held numerous leadership positions and has a strong underwriting and client-focused background. Mr. LaRocca holds a Bachelor of Science degree in Electrical Engineering from Manhattan College.
With 20 offices in North America, Swiss Re Corporate Solutions serves clients and brokers throughout the region by providing financial protection from a wide range of risks.
In this role, Mr. Codding is responsible for overseeing cyber and technology underwriting guidelines, rating methodology, distribution relationships, product sales and new product development.Learn more
Cyber threats are evolving rapidly. Recent high-profile cyber-attacks demonstrate that the extent of associated possible losses is also broadening, increasingly comprising both physical and financial damage.Learn more
How often has your data been hacked? Have you received a notice from your bank recently about suspicious transactions? Have youalready adapted to the “new reality” of data (in)security? Although the topic of cyber security is much broader than the data breach example, the media focus is usually on data breaches, which occur at a much higher frequency than other cyber events. Because data breaches also, so far, generate most of the cyber-related insurance claims, we limit the scope of this publication to those types of events.Learn more