Michael Corbett, senior vice president at Pinnacle Financial Partners, has rejoined the board of the Tennessee Captive Insurance Association (TCIA). Mr. Corbett, a founding board member of the TCIA, left the board in 2011 when he became director of the Captive Section in the Tennessee Department of Commerce and Insurance.
Derek Bridgeman is joining captive management and consulting services provider Strategic Risk Solutions (SRS) as part of an expansion of the firm's European consulting team. Mr. Bridgeman will join the firm's European operations May 18 as managing director and will develop and lead SRS's risk consulting practice in Europe.
AXA XL recently announced a new leadership team and proposed changes to the operating model of its insurance business following a strategic review. Among the most significant changes to the operating model are the creation of a single global insurance underwriting function and the establishment of three geographical business units.
Ian Davis, a top Vermont captive insurance official, will join People's United Bank in Burlington next month as its senior vice president-captive insurance relationship manager. He will be responsible for business development, qualification, expansion, and overall relationship management for People's United Bank's captive insurance portfolio.
Ian Davis, one of Vermont's top captive insurance officials, will leave his position next month as director of financial services in the state's Department of Economic Development to take a private sector job in the captive insurance industry. Mr. Davis has been in his current position for 3 years.