Insurance Industry Leadership Changes: Aon, FM, Midwestern, Westaim

A wave of senior appointments within the insurance industry underscores a strategic emphasis on evolving leadership structures to fuel growth and enhance capital management. Companies such as Aon, FM, Midwestern Insurance, and Westaim are prioritizing risk management, regulatory compliance requirements, and long-term strategic planning through these pivotal hires.

Leadership Changes at Aon

Aon plc has announced the appointment of Joe Peiser as the CEO of Risk Capital. Based in Dublin, Peiser will focus on advancing Aon's capabilities in commercial risk and reinsurance solutions. With over three decades of experience in broking leadership and risk consulting across North America, the UK, and Bermuda, Peiser first joined Aon in 2021 and rose to the role of global CEO of commercial risk in 2023. The firm is seeking his successor in the commercial risk division, and Peiser will now collaborate with various leaders to enhance Aon's AI-driven capital solutions.

FM's Strategic Leadership Promotion

FM has promoted Steve Wrinkle to Senior Vice President, Eastern Division Manager. Wrinkle will manage operations within the Eastern region while continuing to oversee the company's strategic and business transformation initiatives. Having started with FM in 1990, Wrinkle's experience includes roles as operations senior vice president and chemical operations manager, which positions him well to drive regional operations and compliance efforts.

Midwestern Insurance's New Appointment

Jack Coleman joins Midwestern Insurance Alliance as Senior Vice President for the occupational accident division, a subsidiary of K2 Insurance Services. Coleman brings a wealth of experience from personal and commercial lines, previously serving as the president of commercial and specialty lines at Trawick International. He looks forward to contributing to the payer and underwriting aspects of the platform's development.

C-Suite Expansion at Westaim

The Westaim Corporation is reinforcing its leadership with multiple key appointments effective April 1, 2026, aimed at bolstering its integrated insurance and asset management platform. Matthew Skurbe will become President and Chief Operating Officer, overseeing strategic and operational projects. With over 25 years in financial services and roles such as Senior Managing Director, COO, and CFO at CC Capital, Skurbe's expertise will be invaluable. Joining him, Nikita Klassen will serve as Chief Financial Officer, leading financial and regulatory compliance operations. Klassen transitions from her previous role as CFO and Corporate Secretary at Mount Logan Capital, bringing over 15 years of financial expertise.

These leadership moves signify a broader effort within the insurance industry to optimize operational efficiencies, regulatory compliance, and strategic endeavors, ultimately supporting enhanced capital solutions and risk management strategies.