Company Moves
Flagstone Reinsurance Holdings Ltd. has appointed Donald A. Emeigh, Jr., formerly of White Mountains Reinsurance Group, as General Counsel. He will be based in Bermuda and will head the Flagstone legal team.
Mr. Emeigh has close to 30 years of experience in the insurance and reinsurance industry, most recently as General Counsel with White Mountains. While at White Mountains Re, he was responsible for the group's compliance with federal and state laws and was also a senior member of management appointed to the board of directors of all Folksamerica operating companies and two insurance affiliates of the White Mountains Group.
Flagstone's chairman, Mark Byrne, said: "Don's considerable reinsurance, compliance, negotiation and leadership experience are a great addition to our fine legal team."
Arch Insurance Group, a subsidiary of Bermuda-based Arch Capital Group Ltd., announced yesterday that Mark C. Vonnahme has joined its leadership team as the executive vice-president responsible for its surety business.
"Mark is an experienced and proven surety executive who will continue advancing our surety capabilities to help clients protect their business operations,"said Mark D. Lyons, president and chief operating officer of Arch Insurance Group. Mr. Vonnahme will report to Mr.Lyons.
Mr. Vonnahme succeeds Brian Schmalz who will retire at year-end. Mr. Schmalz, after 30-plus years of a distinguished career in the surety business, joined Arch in 2003 and worked diligently over the past four years as he built Arch Surety into one of the top ten largest surety operations. He served as chairman of the board of directors of the Surety Association of America and has had a distinguished career in the insurance industry- leading business for Reliance Insurance Company and Kemper Insurance.
"Brian Schmalz is an inspirational leader and has attracted many talented surety professionals to Arch. I would like to thank him for his contributions to the firm and wish him well in his retirement," said Ralph Jones, chairman and chief executive officer of Arch Insurance Group.