Catastrophe risk modeling specialist Karen Clark & Company (KCC) has strengthened its leadership team with the appointment of Deanne Nixon as Senior Vice President, who joins the firm from global climate risk coverage platform Arbol.
Nixon is well-known for her time at Weston Insurance. During her eight year tenure at the firm, she served in a number of high leadership roles, including more than six years as the Florida specialists Chief Underwriting Officer, and just under two years as its President and CEO.
Earlier in her career, Nixon spent nearly eight years with Sirius International in Bermuda, during which she held the position of President of its Sirius Capital Markets division.
Prior to that, Nixon began her career at CNA Re and also had a tenure at Folksamerica.
In her new role as SVP at KCC, Nixon will work directly with a number of different insurers and reinsurers to ensure KCC’s advanced modeling technology and applications continue to deliver high value as the market continues to evolve.
Nixon’s extensive experience in international reinsurance, US coastal property insurance, insurance-linked securities (ILS) and in capital markets, will all bring considerable value to KCC as the firm continues to expand.
Karen Clark, KCC CEO, commented: “We’re delighted Deanne has joined our growing team. As a former CEO of a primary insurer and President of a global ILS reinsurance fund, she brings a unique and valuable perspective that will enable KCC to more deeply engage with (re)insurers on holistic growth and risk management strategies.”
Clark continued: “Along with her impressive background and experience, Deanne is an industry leader who I’ve known and admired for many years. I couldn’t be happier with her decision to join the KCC team.”
Commenting on her appointment, Nixon said: “I’m excited by the opportunity with KCC,” said Ms. Nixon. “It’s clear the company has brought to market innovative and advanced technology, but KCC is more than a modeling company as demonstrated by the close relationships with insurer and reinsurer clients. I’m looking forward to expanding and deepening those relationships.
“As data sources and information expand in a world with AI, KCC is integrating this evolving knowledge into efficient processes and successful strategies for (re)insurers,” continued Ms. Nixon. “It’s not often you get the opportunity to work with a recognized industry leader and innovator, and I’m looking forward to building the future with Karen and the KCC team.”
