Karen Clark & Company (KCC), a provider of disaster risk modeling solutions, has appointed industry veteran Deanne Nixon as senior vice president (SVP) to its senior leadership team in Jacksonville, Florida.
In her new role, Nixon will work directly with insurers and reinsurers to ensure KCC’s advanced modeling technology and applications continue to deliver high value as market needs evolve.
Nixon began her reinsurance career as an underwriter at CNA Re in Chicago and moved to Bermuda in 2006 with a new company, White Mountains Re (Sirius International), where she rose to Senior Vice President and then President of Sirius Capital Markets.
She then served as Chief Underwriting Officer (CUO) and Chief Executive Officer (CEO) of an insurance company in Florida.
Most recently, Nixon has provided strategic consulting and advisory services to leading companies including Cincinnati Re and Arbol.
KCC CEO Karen Clark commented on the appointment: “We are delighted that Deanne has joined our growing team. As the former CEO of a major insurance company and President of a global ILS reinsurance fund, she brings a unique and valuable perspective that will enable KCC to work more deeply with (re)insurers on overall growth and risk management strategies.”
She added: “Deanne has an impressive background and experience, and she is an industry leader that I have known and admired for many years. I am very pleased with her decision to join the KCC team.”
“I’m excited about the opportunity to work with KCC,” said Nixon. “It’s clear that the company has brought innovation and advanced technology to market, but KCC is more than just a modeling company, as evidenced by its close relationships with its insurance and reinsurance clients. I look forward to broadening and deepening those relationships.”
She continued: “As data sources and information expand in the AI world, KCC is integrating this evolving knowledge into efficient processes and successful strategies for (re)insurers.
“Opportunities to work with recognized industry leaders and innovators don’t come around often, and I look forward to building the future with Karen and the KCC team.”