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Swett & Crawford has opened a satellite office in Redondo Beach, Calif. The office will be led by Brian Vassallo, who is joining the firm as a vice president. Vassallo, who has a decade of experience in wholesale insurance brokerage, previously worked at CRC Insurance Services and Colemont Insurance Brokers.
Vassallo will be working as a part of the Swett & Crawford Casualty Group Practice, but will also be brokering some property risks. Swett & Crawford’s other Los Angeles area offices are in downtown, and Woodland Hills.
Kevin Cummings has been named executive vice president/producer and leader of Kansas City., Mo.-based Lockton’s Phoenix office, and Tom Hartley becomes managing director/producer. Both are newly created positions.
Hartley has more than 30 years’ experience in risk management and commercial insurance with an emphasis on complex commercial risks. Mostly recently, he was president of Arizona and Nevada operations for Hub International in Phoenix. He previously has held leadership positions with other insurance brokers including Moreton & Co., Marsh Inc., and Johnson & Higgins. He began his career as an officer and nuclear engineer in the U.S. Navy submarine program.
Cummings will also be responsible for providing leadership and strategic direction for Lockton’s Phoenix operation. He has more than 20 years in risk management and commercial insurance with particular expertise in healthcare and complex risk management programs. Most recently Cummings was executive vice president and partner with Willis in Phoenix. He has also worked with Lovitt Touche’ in Phoenix and Tucson, and with Aon Risk Services and Chubb in Minneapolis.
Miguel A. Barrales has been named president of Universal Insurance Holdings of North America, a multi-regional insurance carrier with 170 employees and operations in 17 states. Universal North America is a subsidiary of Universal Group Inc., Puerto Rico’s principal supplier of property/casualty, auto and life insurance, policy financing and investment products.
Barrales will direct Universal North America’s business operations and strengthen its overall presence and relationships in the United States. Barrales brings more than 15 years of global experience in underwriting and management to Universal North America. Previously, he was CEO of Flagstone Underwriters Latin America and also held senior management positions with Swiss Re, a reinsurance company.
Western Heritage Insurance Co. has promoted Anthony Washington from vice president of underwriting to president. Washington replaces replaced Mike Horsman, who retired after more than 30 years in the insurance industry. Washington reports to Mike Miller, president of Scottsdale Insurance Co.
Washington has nearly 20 years in sales and commercial underwriting. Before coming to Western Heritage in April, he was regional vice president of Allied Insurance. He started with Nationwide Insurance in 1999 as associate vice president of commercial underwriting. Washington received an MBA from the University of Iowa.
American International Group Inc. (AIG) reported that Brian T. Schreiber, executive vice president, Treasury and Capital Markets, has been named to the additional role of AIG treasurer. Schreiber is succeeding Robert A. Gender, AIG’s treasurer since 2005.
Schreiber joined AIG in 1997 as a portfolio manager in AIG’s asset management group. Since then, he has held a series of positions before being named AIG vice president, Strategic Planning, in 2002, senior vice president in 2003, and executive vice president, Treasury and Capital Markets last year.