Re/insurer appoints former McKinsey partner to subsidiary’s board

Oceanview Secure Reinsurance, a subsidiary of Bermuda-based Oceanview Holdings, has appointed former XL Capital and McKinsey executive Brian W. Nocco to its board of directors. 

Nocco was a partner at McKinsey & Company, where he oversaw global finance operations, from 2010 to 2019.  

Before joining McKinsey, he was chief financial officer at XL Capital (now AXA XL), managing financial strategies and global operations. He also worked at Nationwide Insurance Group, Imperial Bank, The Chubb Corporation, and Continental Bank Corporation.

"Brian’s extensive background and proven leadership in financial management and risk oversight make him an invaluable addition to our board," said William Egan, CEO and chairman of Oceanview Holdings, said. "His deep understanding of global finance operations and strategic risk management will be instrumental as we accelerate our growth in reinsurance and deliver innovative solutions to our global clients."

Last month, the company also announced the promotion of Stelian Dragan to the position of president and chief executive officer of its Bermuda operations.

In his new role, Dragan will oversee Oceanview Re’s operations, focusing on expanding reinsurance solutions and enhancing the company’s position in the industry. Dragan joined the company as president and chief business development officer in April 2022.

Nocco’s appointment received approval from the Cayman Islands Monetary Authority on October 29.

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